PARIS—French bank BNP Paribas SA said net profit in the second-quarter was flat as lower provisions set against bad loans and a gain on the sale of its shares in Visa Europe helped make up for a sharp decline in equity trading.

The Paris-based lender, France's largest listed bank by assets, said net profit rose 0.2% to €2.56 billion ($2.82 billion) in the three months ended June 30 while revenue grew by 2% to €11.32 billion.

The bank's results this quarter reflect the turmoil in Europe's markets, shaken by the prospect of the U.K.'s exit from the European Union, low energy prices and persistent concerns over global economic growth. Like other big European banks, BNP Paribas' trading revenue was hit by the region's wobbly economy and political uncertainty while U.S. lenders benefited from a more resilient market at home.

Write to Noemie Bisserbe at noemie.bisserbe@wsj.com

(END) Dow Jones Newswires

July 28, 2016 01:25 ET (05:25 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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