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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Credit Agricole SA | EU:ACA | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.025 | 0.17% | 14.475 | 14.42 | 14.50 | 14.57 | 14.41 | 14.50 | 3,958,008 | 02:01:08 |
From Apr 2021 to Apr 2024
By Pietro Lombardi
Credit Agricole SA on Friday posted a sharp increase in net profit for the first quarter, as revenue rose and provisions for potential credit losses fell.
France's second-largest listed bank by assets reported a 64% increase in quarterly net profit to 1.05 billion euros ($1.27 billion).
Revenue rose 5.6% to EUR5.49 billion, while loan-loss provisions fell 38% to EUR384 million.
Profit increased across the bank's key divisions.
Analysts had expected a quarterly profit of EUR665.5 million, according to a consensus forecast provided by FactSet.
Write to Pietro Lombardi at pietro.lombardi@wsj.com; @pietrolombard10
(END) Dow Jones Newswires
May 07, 2021 01:20 ET (05:20 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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