BNP Paribas Reports Profit In Q2, Revenues Climb; Stock Up

Shares of BNP Paribas were gaining around 4 percent in the early morning trading after the French lender reported Friday a profit in its second quarter, compared to hefty loss last year, reflecting the absence of prior year’s huge U.S. settlement loss. Excluding items, attributable earnings rose from last year. Revenues also climbed with improved performance in all divisions.