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Crédit Agricole S.A. (CRARY)
| Previous close | 7.64 |
| Open | 7.66 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 7.63 - 7.71 |
| 52-week range | 5.60 - 7.71 |
| Volume | |
| Avg. volume | 161,903 |
| Market cap | 46.649B |
| Beta (5Y monthly) | 1.53 |
| PE ratio (TTM) | 7.41 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.56 (7.35%) |
| Ex-dividend date | 25 May 2023 |
| 1y target est | N/A |
- Reuters
Credit Agricole's Q4 profit beats forecasts, hikes dividend
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.
- Reuters
France's Credit Agricole buys 7% stake in payments firm Worldline
French bank Credit Agricole said on Monday it had bought 7% of Worldline, in a bid to bolster the payments group after a slump in its share price last year. Worldline's shares jumped more than 5% after the announcement, which follows reports in December that Credit Agricole was exploring building a stake in the company. The value of Worldline's shares more than halved in October when it cut its financial targets amid scrutiny by German regulators over money-laundering controls.
- Reuters
EU clears Credit Agricole's purchase of Belgium's Degroof Petercam
The European Commission said on Monday that it had cleared Credit Agricole's plan to buy Degroof Petercam in a deal valuing the Belgian firm at 1.5 billion euros ($1.64 billion), saying the deal did not raise any competition issues. "The Commission came to the conclusion that the merger would not raise any competition issues given the limited positions of the parties involved on the market that will result from the planned deal," the EU executive arm said in a statement. Announced in August, alongside its second-quarter results, the purchase of Degroof Petercam will increase the scope of Credit Agricole's - France's second-largest bank - wealth management subsidiary Indosuez by roughly 50%.
