Credit Agricole : Apparently playing it by ear in response to COVID-19 but really in battle formation
>Operating performance: underlying trend quite solid and expectation of COVID-19 impact - CASA reported broadly solid Q1 2020 figures in underlying terms (i.e. excluding one-offs and pre COVID crisis), providing reassurance on the fundamental trend as regards operating jaws (revenues – costs) and the decisive factor that is its capacity to absorb the cost of risk. Reported net income came in slightly ahead of expectations at € 638m, +5% vs cons, -18% y-o-y), des...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.