France's BNP sees retail banking recovery driving 13% ROTE in 2028

Core Viewpoint - BNP Paribas has set a target of 13% for return on tangible equity (ROTE) by 2028 as part of its medium-term plan to be announced in early 2027 [1] Group 1 - The target ROTE of 13% reflects the bank's strategic focus on enhancing profitability and shareholder returns [1]