The market reacted negatively to BNP Paribas SA's Q3 results, despite solid headline figures. Click for my updated look at BNPQY and prospects for the stock.

BNP Paribas shares dropped sharply on Thursday as third-quarter results from its investment banking division, lower than expected capital buffers and weaker than expected sales in Belgium disappointed investors.

BNP Paribas shares slumped despite the French lender reporting in-line earnings thanks to growth in its investment bank, with weakness in the its domestic retail business disappointing investors.