BNP Paribas' Valuation Falls Behind BBVA

BNP Paribas, once the EU's most valuable bank, has fallen behind its rivals.

BBVA, a Spanish bank, is now worth more.

This change shows how different banks are doing.

BNP Paribas hasn't gained as much from recent changes, like rising interest rates, as others.

Its stock has not grown as much, around 35% this year, while others like BBVA have seen larger increases, about 68%.

BBVA's success is partly due to higher payout targets and plans to buy another bank.

These changes highlight the shifting landscape of European banking and the varying performance of different banks.