Credit Agricole : Q1 2022 net income should be impacted by flat-rate provisions on commitments to Russia
>Revenue growth - Crédit Agricole SA is due to publish its Q1 2022 net income on 5 May. We expect revenues of € 5,714m (+4.0%), a shade above the consensus (€ 5,695m, +3.7%), notably in insurance, but below the consensus for the large customers activity and the holding company. Revenues at Crédit Agricole SA should benefit from the acquisitions carried out during and at end-2021 (Creval and Lyxor). We therefore expect an increase in revenues of 18.5% in international ...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.
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