BNP Paribas reported its Q2 2025 earnings with revenue of €12.58 billion, slightly above estimates of €12.54 billion. Net income reached €3.26 billion, surpassing the expected €3.13 billion. Fixed Income, Currencies and Commodities (FICC) sales and trading revenue stood at €1.41 billion, beating the €1.2 billion forecast. Equity and prime services revenue was €980 million. The loan-loss provision was €884 million, marginally higher than the estimated €864.3 million. The Common Equity Tier 1 (CET1) ratio was 12.5%. Deutsche Bank also posted better-than-expected Q2 results, with net revenue of €7.80 billion versus estimates of €7.69 billion, pretax profit of €2.42 billion against €2.08 billion expected, and net income of €1.49 billion compared to €1.26 billion forecast. Its FICC sales and trading revenue was €2.30 billion, above the €2.2 billion estimate. Following the earnings release, Deutsche Bank shares rose by about 5.8% to 6.7% pre-market. Hyundai Mobis reported Q2 revenue of ₩15.94 trillion, exceeding the estimate of ₩15.26 trillion, with operating profit of ₩870 billion beating the forecast of ₩818.92 billion. However, net profit was ₩932.46 billion, below the expected ₩1.06 trillion. KIA posted Q2 revenue of ₩29.35 trillion, above the estimate of ₩28.93 trillion, but operating profit of ₩2.76 trillion and net profit of ₩2.27 trillion both missed expectations. LG Electronics reported Q2 revenue of ₩20.74 trillion, slightly below the estimate of ₩21.2 trillion, operating profit of ₩639.4 billion versus an expected ₩770.02 billion, while net profit of ₩604.7 billion exceeded the estimate of ₩278.14 billion. Volkswagen’s Q2 2025 revenue was €80.81 billion, below the estimated €82.19 billion, with operating profit of €3.83 billion slightly under the €3.89 billion forecast. The operating margin was 4.7%, above the 4.63% estimate. Volkswagen revised its full-year operating return on sales guidance to 4%–5%, down from a previous 5.5%–6.5%, and now expects flat sales year-over-year. The company cited escalating costs from U.S. tariffs impacting earnings at its Audi and Porsche brands. Volkswagen’s CFO indicated that restructuring efforts require additional measures in some areas, and the company is still considering U.S. production for Audi due to the tariffs. The CEO stated that a Japan-style trade deal with a 15% tariff would align results closer to their guidance range. Deutsche Bank reported its highest Q2 profits since 2007 and is on track to meet its 2025 targets, with a net profit of €3.7 billion for the first half of the year.
Volkswagen CEO Says A Japan-Style Deal With 15% Tariff Would Mean Results Near Their Guidance Range
Volkswagen CEO Says A Japan-Style Deal With 15% Tariff Would Mean Results Near Their Guidance Range 🚗🇩🇪
Volkswagen CFO Says Restructuring Needs More Measures in Some Areas