Previous close | 7.79 |
Open | 8.02 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 7.88 - 8.03 |
52-week range | 5.60 - 8.03 |
Volume | |
Avg. volume | 161,382 |
Market cap | 47.677B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 7.04 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.56 (7.14%) |
Ex-dividend date | 25 May 2023 |
1y target est | N/A |
Credit Agricole SA, France's second-biggest listed bank, posted a forecast-beating 55% jump in first-quarter net profit on Friday, helped by corporate and investment banking sales that outperformed rivals. Net profit in the January to March period rose to 1.9 billion euros ($2.04 billion), above the 1.48 billion-euro average of 19 analyst estimates compiled by the company. Despite the overall rise in revenues, Credit Agricole said its retail sales in France grew by just 1.8% while its net interest margin, or the difference between what a bank earns on loans and pays out for deposits, was stable.
Earnings preview of key companies reporting next week and what to look out for.
Credit Agricole, France's second-biggest listed lender, reported slightly better-than-expected fourth-quarter profits on Thursday, as corporate and retail banking activities offset a tumble in revenues at its insurance division. Group net income in the fourth quarter fell 25% from a year earlier to 1.33 billion euros ($1.43 billion), above the 1.28 billion-euro average of analyst estimates compiled by the company. Credit Agricole, which is a controlled by 39 regional banks, said its fourth-quarter so-called cost of risk - money set aside for failing loans - was better than expected, at 440 million euros.