BNP Paribas: Making Progress Towards A 13% ROTE In 2028

2025 has been a strong year for European financials, with banks in particular delivering very strong returns. BNP Paribas ( OTCQX:BNPQY ) is no exception, providing a ~46% total return in USD terms, only marginally below the ~48% gain for the broad iShares MSCI EuropeI ventured into investing in high school in 2011, mainly in REITs, preferred stocks, and high-yield bonds, starting a fascination with markets and the economy that has not faded despite the years. More recently I have been combining long stock ...