Report
Steven Gould

Crédit Agricole : Un T2 2020 globalement solide

>Opérationnel/bilanciel plutôt rassurant faute de guidance claire - CASA publie des chiffres au T2 2020 globalement solide sur l’underlying, confirmant l’orientation favorable en matière de levier opérationnel (revenus – coûts) et donc la capacité d’absorption du coût du risque. Le RN publié ressort assez nettement supérieur aux attentes à  954 M€, +37% vs cons, -22% yoy) malgré le niveau élevé du CdR sur la période (0.9 Md€ soit x2.5 yoy) grâce à :Une bonne...
Underlying
AGRICULTURAL CREDIT SA

Credit Agricole is active in the market of retail banking and related businesses. Co. provides day-to-day banking, savings products, mortgage and consumer loans, insurance, private banking, asset management, lease finance and factoring, corporate and investment banking. Its activities can be divided into six business lines: French Retail Banking - Regional Banks; French Retail Banking - LCL; International Retail Banking; Specialized Financial Services; Savings Management and Insurance; and Corporate and Investment Banking. Co.'s customers are personal customers, farmers, small businesses, companies and local authorities. As of Dec 31 2013 Co.'s total assets amounted to Euro1,536,873,000,000.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Steven Gould

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