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[$$] Credit Agricole Profit Tops Hopes

SA (ACA.FR) said Tuesday that its first-quarter net profit rose slightly, supported by growing revenue and lower cost of risk. Net profit for the period was €856 million ($1.02 billion) compared with €845 million a year earlier, the bank said. Analysts had expected the bank to report net profit of €769 million on revenue of €4.97 billion, according to FactSet.