Economy

CREDIT AGRICOLE SA: First quarter 2026 results - ROBUST RESULTS DESPITE MARKET TURBULENCE

Europe / France0 views1 min
CREDIT AGRICOLE SA: First quarter 2026 results - ROBUST RESULTS DESPITE MARKET TURBULENCE

Crédit Agricole Group reported robust first-quarter 2026 results, with revenues up 2.8% and net income increasing 5.5% despite market turbulence. The group gained 600,000 new retail banking customers and saw strong activity across all business lines.

Crédit Agricole Group's first-quarter 2026 results show a 2.8% increase in revenues to €10,000 million and a 5.5% rise in net income to €2,097 million. The group captured 600,000 new retail banking customers, with 450,000 in France and 150,000 internationally. Strong loan production was seen in competitive housing markets in France and Italy, and corporate loans were dynamic. The group's phased-in CET1 ratio was 17.1%. Crédit Agricole S.A.'s net income rose 1.8% to €1,676 million. The group also increased its stake in Banco BPM to 22.9% and agreed to acquire Bank Lviv in Ukraine. Crédit Agricole launched CA Savings, a digital savings platform in Germany.

This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.

Comments (0)

Log in to comment.

Loading...