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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.08 | 0.55% | 14.555 | 14.55 | 14.62 | 14.70 | 14.54 | 14.55 | 5,330,648 | 16:40:00 |
By Pietro Lombardi
Credit Agricole SA's (ACA.FR) third-quarter net profit rose 8.9% on growing revenue, surpassing analysts' expectations.
Net profit for the period was 1.20 billion euros ($1.33 billion) compared with EUR1.10 billion a year earlier, France's second largest listed bank by assets said Friday.
Revenue grew 4.8% to EUR5.03 billion.
Analysts had expected a net profit of EUR1.14 billion on revenue of EUR5.02 billion, according to a consensus forecast provided by FactSet.
Credit Agricole's core Tier 1 ratio, a key measure of capital strength, edged up to 11.7% in September from 11.6% in June.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
November 08, 2019 01:19 ET (06:19 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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