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Crédit Agricole S.A. (ACA.PA)

Paris - Paris Delayed Price. Currency in EUR
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13.41+0.20 (+1.53%)
At close: 5:35PM CEST
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  • f
    felix
    Credit Agricole SA on Friday posted a sharp increase in net profit for the first quarter, as revenue rose and provisions for potential credit losses fell. France's second-largest listed bank by assets reported a 64% increase in quarterly net profit to 1.05 billion euros ($1.27 billion). Revenue rose 5.6% to EUR5.49 billion, while loan-loss provisions fell 38% to EUR384 million. Profit increased across the bank's key divisions. Analysts had expected a quarterly profit of EUR665.5 million
  • h
    hooman
    Hi Edward . I think SCRIB dividend means option of receiving shares rather than cash .
  • E
    Emilian
    This is one of the best investment opportunities available!
  • E
    Edward
    OK...from what I gather from the Credit Agricole site, the dividend will be .8 Euro...or about USD .96. Since the ADR is half a share, that puts the CRARY dividend at approximately USD .48. After French taxes, that should put it...about .38 or so, as a qualified dividend. Payment would be in May. But there's something about a script option. Can anyone clarify or come up with a definitive analysis?
  • E
    Edward
    Apparently most US is not interested. Bought a small quantity under $4 with the idea the exchange rate would take it higher. Should have bought 10k rather than 3k. Will hold, because if they start the dividend up again, it should be in excess of 8% in USD.
  • S
    Scot B
    We are shorting this in Francis Hunts Market Sniper Community target is 4.81
    Bearish
  • l
    luis
    Anybody feel like this stock is undervalued?
  • E
    Edward
    Money laundering charges caused a large drop. Sometimes its difficult to know who you're dealing with.
  • B
    Brandon
    nobody here
  • E
    Edward
    Why the major drop today?
  • E
    Edward
    France got hit by COVID and Saudis are pulling their money out.
  • E
    Edward
    What's going on with Crary? Bought some a year ago at around $5. Div is good, and expect Euro to go up against the $, so should be in good shape.