2012 Registration document and annual financial report - BNP Paribas

1GROUPPRESENTATIONBNP Paribas and its shareholders1➤ AVERAGE MONTHLY SHARE PRICES AND MONTHLY HIGHS AND LOWS SINCE JANUARY 201170High LowAverage6056.6552.13 52.86 52.62 53.32 52.08 48.1650403036.8443.4628.86 31.78 29.07 30.30 32.19 35.77 37.31 39.31 40.6538.1331.2233.7927.51 28.33 29.5220100Jan. 11 55.4847.3258.9754.6555.1250.3454.7050.1354.6251.3253.8050.1654.5443.6343.6832.7235.6523.0636.3527.1832.2424.8033.1627.7536.0527.90Feb. 11March 11April 11May 11June 11July 11August 11Sept. 11Oct. 11Nov. 11Dec. 11Jan. 12Feb. 12March 12April 12May 12June 12July 12August 12Sept. 12Oct. 12Nov. 12Dec. 1237.4633.5239.0735.0035.7028.4030.3524.9630.3426.7931.6526.4635.2329.4540.2034.5141.7837.6942.9538.6444.5642.34■ Between 31 December 2009 and 31 December 2012 , the share price fellfrom EUR 55.90 to EUR 42.59, a decline of 23.8% against a 7.5% declinefor the CAC 40, a 48.9% fall for the DJ EURO STOXX Banks (index ofbanking stocks in the euro area) and a 26.5% drop for the DJ STOXXBanks (index of banking stocks in Europe).In 2012, the BNP Paribas share price increased by 40.3%, closingat EUR 42.59 on 31 December 2012 , the last day of trading. It thusoutperformed the CAC 40 (+15.2%), the DJ STOXX Banks (+23.1%) andDJ Euro STOXX Banks (+12.0%).In the first quarter of 2012, the price of European banking sharesbounced back following liquidity operations launched by the ECB,with the implementation of LTRO 1 in December 2011 and LTRO 2in February 2012. However, from April to July of 2012, banks wereaffected by the re-emergence of fears over euro zone-country debt,and by the difficulty experienced by euro zone countries to articulatea coordinated response. The ECB’s buyback, under certain conditions,of public debt with a maturity exceeding three years enabled bankingshares to recover during the second quarter.■ At 31 December 2012 , BNP Paribas’ market capitalisation wasEUR 53.4 billion, ranking it 5th among CAC 40 stocks (6th at the endof 2011). In terms of free float, BNP Paribas ranked 3rd among CAC 40stocks (unchanged since 2011). BNP Paribas had the 10th largest freefloat in the DJ EURO STOXX 50 index at end-2012, up from 15th placea year earlier.■ Daily trading volume on Euronext Paris averaged 6,652,835 shares in2012, down 5.86% from 7,066,999 a year earlier. Including the volumestraded on MTFs (Multilateral Trading Facilities), daily trading volumeaveraged 9,926,398 in 2012 (source: TAG Audit), down 4.58% from10,403,586 in 2011. The decrease in volume was substantial in thesecond quarter.182012 Registration document and annual financial report - BNP PARIBAS