July 23, 2014 9:22 PM ET

Banks

Company Overview of Groupe BPCE

Company Overview

Groupe BPCE, through its subsidiaries, provides various banking, financial, insurance, and real estate services to individuals, self-employed professionals, VSEs, companies, associations, institutions, and local authorities in France and internationally. The company offers deposits, loans and credit, and financing services, as well as private banking services. It also provides equipment, real estate, operating, long-term vehicle, IT operational, and renewable energy leasing solutions; and insurance products, including life, pension, car, home, legal protection, accident, provident, health, and payment protection insurance products. In addition, the company offers investment banking and real ...

50, avenue Pierre Mendès

Cedex 13

Paris,  75201

France

Founded in 1818

Phone:

33 1 58 40 41 42

Key Executives for Groupe BPCE

Chairman of Management Board
Age: 51
Chief Financial Officer
Age: 53
Member of The Management Board
Age: 51
Chief Executive Officer of Commercial Banking & Insurance Division and Member of the Management Board
Age: 53
Chief Executive Officer of Crédit Foncier
Age: 51
Compensation as of Fiscal Year 2014.

Groupe BPCE Key Developments

Groupe BPCE Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2014

Groupe BPCE announced consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported the net banking income of EUR 5,853 million, up 2.9% compared with the first quarter of 2013. Gross operating income rose 7.5% compared with the first quarter of 2013 to reach EUR 1,876 million. Income before tax was EUR 1,501 million increased 14.2% compared for the same period a year ago. Net income attributable to equity holders of the parent was EUR 866 million increased 16.1% compared for the same period a year ago. The ROE was 6.7%, increased 0.5 points. The net income of the core business lines has risen by 10.9% to reach EUR 927 million in the first quarter of 2014. The ROE of the core business lines stands at 10%.

Groupe BPCE Appoints Catherine Colonna as Independent Member of the Supervisory Board

Catherine Colonna, a managing partner of the Paris office of Brunswick Group, has been appointed an independent member of the Supervisory Board of Groupe BPCE succeeding Laurence Danon. She is member of the Appointments and Remuneration Committee. Since 2008, Catherine Colonna has also served as Vice-President of the Franco-British Council, as a member of the Board of Directors of Fondation Chirac and as a director on the Cultural Board of the Monnaie de Paris (Paris Mint).

Groupe BPCE Reports Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2013

Groupe BPCE reported consolidated earnings results for the fourth quarter and year ended December 31, 2013. For the quarter, the net banking income was EUR 5,968 million, up 5.4%, while the net banking income of the core business lines enjoyed strong growth of 4.8% to reach EUR 5,541 million. Gross operating income is up by 13.7% to EUR 1,712 million. For the core business lines, this item has increased by 18.4%, to EUR 1,892 million. Net income attributable to equity holders of the parent stands at EUR 530 million, a result multiplied by a factor of 3.1 compared with 2012. Net income attributable to equity holders of the parent of the core business lines stands at EUR 775 million, up 10.9% compared with 2012. Income before tax was EUR 1,187 million, down 85.5% compared to previous year. For the year, the net banking income of EUR 23,080 million, up 3.3% compared with 2012. Gross operating income stands at EUR 6,944 million, up 8.2% compared with 2012. The contribution from the group's core business lines is equal to EUR 7,375 million, up 12.2% compared with 2012. Net income attributable to equity holders of the parent has increased by a substantial 26.2% and now stands at EUR 2,914 million. The net income of the core business lines has risen by 12.9% to reach EUR 3,313 million in 2013. Income before tax was EUR 5,143 million, up 23.9% compared to previous year.

Similar Private Companies By Industry

Company Name Region
Tunisian Foreign Bank Europe
AptarGroup Holding SAS Europe
Banque BCP S.A.S. Europe
Union de Banques Arabes et Francaises-UBAF Europe
Banque Populaire Lorraine-Champagne Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 19, 2014
BPCE Assurances SA
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Groupe BPCE, please visit www.bpce.fr. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.