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ACA Credit Agricole SA

14.555
0.08 (0.55%)
26 Apr 2024 - Closed
Delayed by 15 minutes
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

Credit Agricole 3Q Net Profit Rose Above Expectations

08/11/2019 6:34am

Dow Jones News


Credit Agricole (EU:ACA)
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From Apr 2019 to Apr 2024

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   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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