- 33.741.294,95 € - 1.088.702 shares INVESTOR RELATIONS CONTACTS CRÉDIT AGRICOLE S.A. REDUCTION OF RESOURCES TO THE LIQUIDITY CONTRACT WITH KEPLER CHEUVREUX PRESS CONTACTS CRÉDIT AGRICOLE S.A. Read all press releases at: www.credit-agricole.com - www.creditagricole.info PRESS RELEASE Montrouge, June 28, 2024 Detailed information can be found on Crédit Agricole S.A.'s website at the following address: https://www.credit-agricole.com/en/finance/regulated-information Institutional Investors + 33 1 43 23 04 31 ...

Core Viewpoint - Crédit Agricole is positioned to deliver attractive returns through a combination of resilient earnings, a high dividend yield, and stable profitability despite limited sensitivity to interest rate changes, leading to a "Buy" rating for the stock [2][10][22]. Financial Performance - Crédit Agricole reported a net interest income decline in its French Retail Banking segment, which constitutes about 30% of its revenue, due to long-term fixed-rate mortgages making up 62% of its loan book [3][7]. - The bank's underlying net income has grown approximately 8% since 2021, with stable profitability reflected in a return on tangible equity (ROTE) of 12.6% in 2023, consistent with previous years [7][14]. Dividend Policy - The management's dividend policy aims for a 50% payout of net income, resulting in a dividend yield of around 7.5% based on current earnings [9][22]. - The 2023 dividend per share was approximately 24% higher than the 2021 payout on an underlying basis, indicating a positive trend in dividend growth [24]. Valuation Metrics - Crédit Agricole shares are trading at 0.79 times tangible book value per share, with a price-to-earnings (P/E) ratio of about 6.7x, suggesting a significant earnings yield of 15% based on historical ROTE [15][22]. - The bank's ability to maintain a stable ROTE of around 12% positions it well for potential valuation upside, even in a flat market environment [22][23]. Market Position - Crédit Agricole is one of the least sensitive banks in Europe to interest rate changes, which has allowed it to maintain stable profitability during varying interest rate environments [5][12]. - The bank's diverse revenue mix, including significant contributions from non-interest-based business lines, supports its resilience against interest rate fluctuations [12][14].

The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street anal ...

Company Overview - Golub Capital BDC operates in the Financial - SBIC & Commercial Industry, which consists of 34 stocks and is currently ranked 140. The industry has seen a movement of +7% since the beginning of the year [1] - Credit Agricole SA is part of the Finance group, which includes 854 companies and is ranked 11 within the Zacks Sector Rank, considering 16 different sector groups [4] Performance Metrics - The consensus estimate for Golub Capital BDC's current year EPS has increased by 1% over the past three months, and the stock holds a Zacks Rank of 2 (Buy) [2] - Golub Capital BDC has outperformed the Finance sector with a year-to-date return of 4.3% [6] - Credit Agricole SA has returned 3.4% so far this year, outperforming the Finance group average of 2.4% [9] Analyst Sentiment - The Zacks Consensus Estimate for Credit Agricole SA's full-year earnings has moved 4.7% higher in the past quarter, indicating improving analyst sentiment and a positive earnings outlook [5] - The Zacks Rank system emphasizes earnings estimates and revisions, with Credit Agricole SA currently holding a Zacks Rank of 2 (Buy), suggesting a favorable outlook [8]

2024 CAPITAL INCREASE Montrouge, 30 May 2024 RESERVED FOR EMPLOYEES OF THE CRÉDIT AGRICOLE GROUP Today, Crédit Agricole S.A. is pleased to announce the launch of its annual capital increase reserved for employees of the Crédit Agricole Group around the world. Crédit Agricole S.A. will give the 180,000+ eligiblei Crédit Agricole Group employees and retired former employees the option to subscribe to new Crédit Agricole S.A. shares. For the 2024 reserved capital increase, the share's subscription price will b ...

GENERAL SHAREHOLDERS' MEETING OF CRÉDIT AGRICOLE S.A. Montrouge, 22 May 2024 A Crédit Agricole S.A. General Shareholders' Meeting was held on Wednesday 22 May 2024 in Orléans, attended by Chairman Dominique Lefebvre and Chief Executive Officer Philippe Brassac. More than 900 people attended the Meeting either in person or remotely. With quorum of 77.58%, the General Shareholders' Meeting approved all of the resolutions put to it by the Board of Directors. All resolutions approved obtained a score above 85%. ...

Crédit Agricole S.A. (OTCPK:CRARF) Q1 2024 Earnings Conference Call May 3, 2024 8:30 AM ET Company Participants Jerome Grivet – Deputy Chief Executive Officer Jean-François Balaÿ – Deputy Chief Executive Officer Conference Call Participants Azzurra Guelfi – Citi Giulia Aurora Miotto – Morgan Stanley Guillaume Tiberghien – BNP Paribas Stefan Stalmann – Autonomous Research Jacques-Henri Gaulard – Kepler Cheuvreux Sharath Kumar – Deutsche Bank Pierre Chedeville – CIC Sam Moran-Smyth – Barclays Anke Reingen – R ...

2024 FIRST QUARTER RESULTS WORKING EVERY DAY IN THE INTEREST OF OUR CUSTOMERS AND SOCIETY Agir chaque jour dans l'intérêt de nos clients et de la société PHILIPPE BRASSAC FIRST QUARTER 2024 RESULTS "For the third time in a row, the financial ambitions of our Medium-Term Plan will be achieved one year ahead of schedule, i.e. by the end of 2024" A DISTINCTIVE MODEL BASED ON GLOBAL RELATIONSHIPS A development model based on global customer relationships, for each of our domestic markets... (example for individ ...

RobsonPL As experts in EU banks, we have always held Crédit Agricole (OTCPK:CRARF) in high regard. Following our last update, Crédit Agricole reached our stock price of €13.1 per share. Two years ago, the company released an 'Ambitions 2025' plan; however, we believe Crédit Agricole estimated a prudent growth rate hypothesis and a conservative cost of risk, 3m EURIBOR +1.25% and 40 bases, respectively. For this reason, we were humbly above the company's future estimates and confirmed our overweight rating s ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Credit Agricole SA (CRARY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Credit Agricole SA is a member of the Finance sector. This group includes 860 individual stocks a ...