Credit Agricole : No outperformance in terms of revenues
>Revenues in line with our expectations - Crédit Agricole SA reported its Q3 2022 earnings last Thursday. Group revenues came in at € 5,564m (+0.6% reported), in line with our estimate, but 2.3% below the consensus, while the other French banks generated revenues above expectations. Revenues were slightly lower than expected in French retail banking (+0.6%), due to a decrease in the interest margin (while commissions increased), and lower than expected in insurance (n...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.