|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||11.10 - 11.38|
|52 Week Range||9.10 - 13.41|
|Beta (3Y Monthly)||1.51|
|PE Ratio (TTM)||8.31|
|Earnings Date||Aug 2, 2019|
|Forward Dividend & Yield||0.69 (5.64%)|
|1y Target Est||14.88|
The levy, kept at zero for over a decade, will be introduced on foreign-currency sellers, according to a presidential decision published on Wednesday in the Official Gazette. It won’t apply to the interbank market and credit transactions. The average trading volume in the local foreign-exchange spot market was $3.6 billion in April, according to central bank data.
Credit Agricole reported a bigger-than-expected fall in first-quarter net profit after an increase of costs eclipsed higher profits at its French retail bank and corporate and investment banking arm. The bank said on Wednesday costs during the first quarter rose, most notably because of a higher contribution to the EU's Single Resolution Fund (SRF) and accounting changes. Net profit fell 11% profit to 763 million euros (662.26 million pounds), missing the 789 million euros forecast in a poll of analysts by Infront Data.
Credit Agricole SA posted bigger-than-expected declines in profit and revenue in the first quarter as weakness at its key Italian business overshadowed resilient trading income. Underlying revenue in Italy, Credit Agricole’s second-biggest retail market, declined 3.9% as volatile markets weighed on fees. Chief Executive Officer Philippe Brassac has targeted consumer banking in the country as an area of growth as he reorganized the bank’s structure over the past four years and sold less strategic holdings.
European stocks traded mixed Wednesday as markets tried to rebound from a sell-off Monday resulting from China's announcement of retaliatory tariffs on U.S. imports.
Montrouge, 15 May 2019 First Quarter 2019 Results Good performance in all business divisions Crédit Agricole S.A. Underlying net income : € 796m, +1.0% Q1/Q1, +8.2% for the business divisions ...
Crédit Agricole’s profits came in below expectations in the first quarter, despite a better than forecast performance in its investment banking arm, sending shares down as investors turned their eyes towards a strategy update due in June. The French mutual bank saw shares in its listed vehicle fall close to 3.6 per cent by midday in Paris on Wednesday after it reported net profit of €763m, below a consensus estimate of €820m and 10.9 per cent down on the same period last year. The miss by Crédit Agricole was, said analysts at Citi, “mainly due to higher costs and higher taxes, with revenues broadly in-line and better provisions”.
Crédit Agricole SA today announces the launch of a share offering reserved for employees of the Crédit Agricole group worldwide. Crédit Agricole SA will offer 170,000 Crédit Agricole Group employees in 19 countries and retirees in France to subscribe to new Crédit Agricole SA shares under a reserved capital increase (ACR 2019). Employees will benefit from a discount of 20% on the average opening price of the Crédit Agricole SA shares from May 24 to June 20, 2019 and may subscribe from June 21 to July 3, 2019 inclusive (dates subject to the decision of Crédit Agricole SA`s management).
The Philippine economy grew at the slowest pace in four years in the first quarter, increasing the likelihood the central bank will cut interest rates on Thursday. Growth slowed from 6.3% in the previous quarter, as delays in passing the budget this year stalled government spending. The economy would’ve expanded as much as 6.6% if the budget wasn’t delayed, he said The growth slowdown gives the central bank more reason to cut interest rates on Thursday after 175 basis points of hikes in 2018.
As announced in its press release of 6 February 2019 CACEIS Germany has received from the Bavarian tax authorities a demand for the repayment of the dividend tax that CACEIS refunded to a number of its customers in 2010. As specified on 6 February no intentional fault or negligence by CACEIS Germany is alleged to substantiate this claim. Under no circumstances has CACEIS Germany benefited from these reimbursements carried out to the benefit of its customers.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! In 2015 Philippe Brassac was appointed CEO of Crédit Agricole S.A. (EPA:ACA). First, this...
Montrouge, 29 April 2019 Completion of the disposal by Crédit Agricole CIB of a 4.9% stake in BSF to a consortium led by Ripplewood Following the disclosure made on 15 March 2019, Crédit Agricole Corporate ...
Montrouge, 25 April 2019 Crédit Agricole S.A. General Meeting Publication of the Notice of Meeting brochure and opening of voting session. Crédit Agricole S.A. would like to inform its shareholders that ...
The franc is headed for its worst month in almost two years, bringing relief to Swiss policy makers seeking a weaker currency in their quest to revive inflation. The drop is spurring a re-think among some analysts, who are looking to revise their currency forecasts given the collapse in market volatility that has failed to boost demand for haven currencies. “The negativity centered on the global economy is a little bit overdone,” which is rubbing off on the franc, said Jeremy Stretch, the head of Group-of-10 currency strategy at Canadian Imperial Bank of Commerce.
France's Credit Agricole and Spain's Santander plan to combine their custody and asset servicing operations, in a deal that could point the way for European banks to achieve scale without the complexity of a full merger. The new business will have around $3.8 trillion (£2.9 trillion) of assets under custody, closing the gap on European leaders and providing scope for savings and cost reductions. Credit Agricole will own 69.5 percent of the merged unit, which will keep the brand name of Agricole's existing asset management arm - Caceis.
Montrouge / Madrid, 17 April 2019, Crédit Agricole S.A. and Santander sign a Memorandum of Understanding to join forces and create a major global player in custody and asset servicing Crédit Agricole S.A. ...
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Buying a low-cost index fund will get you the average market return. But if you invest in individual stocks, some are li...
Montrouge, 26 March 2019 Publication of Crédit Agricole S.A.`s 2018 Registration Document Crédit Agricole S.A. informs the public that the French and English versions of its 2018 Registration Document ...
Though large banks, like the €32b market cap Crédit Agricole S.A. (EPA:ACA), may have a “too big to fail” aura, we have recently observed international banks defaulting and undergoing debtRead More...
Montrouge, 15 March 2019 Crédit Agricole CIB sells a 4.9% stake in BSF to a Ripplewood led consortium Today, Crédit Agricole Corporate & Investment Bank S.A. (Crédit Agricole CIB) announces the sale of ...