Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Montrouge, 23 April 2025 ORDINARY AND EXTRAORDINARY GENERAL MEETING OF CRÉDIT AGRICOLE S.A. OF 14 May 2025 Publication of the Notice of Meeting – Opening of the vote – Procedures for making the preparatory documents available Crédit Agricole S.A. informs its shareholders that its Ordinary and Extraordinary General Meeting will be held on Wednesday, 14 May 2025 at 9.30 am in Paris (75005), France, at Maison de la Mutualité, 24 rue Saint-Victor. A Notice of Meeting, including in particular the agenda and the ...

Credit Agricole SA (CRARY) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a ...

Press release                                                                                                         Paris, April 8, 2025 Availability of the Credit Agricole Assurances Group’s Solvency and Financial Condition Report for the financial year 2024 Crédit Agricole Assurances announced today the release of its Group Solvency and Financial Condition Report (SFCR) for the financial year 2024. The SFCR was established in accordance with Solvency II regulations. It takes account in particular of th ...

Core Insights - The European Central Bank has authorized Crédit Agricole S.A. to increase its stake in Banco BPM to 19.9% [1][5] - Crédit Agricole S.A. has stated that this increase aligns with its long-term investment strategy and does not plan to launch a public offer for Banco BPM [2][5] - As of Q1 2025, Crédit Agricole S.A. holds a position through derivatives that reaches 9.9% of Banco BPM's share capital and intends to exercise its right to physical delivery of shares [5] Financial Impact - The increased position in derivatives will have a limited impact on Crédit Agricole S.A.'s CET1 ratio in Q1 2025 [6] - In Q2 2025, the CET1 ratio is expected to be impacted by approximately 20 basis points due to the increased stake in Banco BPM and the crossing of the exemption threshold for significant equity investments in the financial sector [6]

Core Points - Crédit Agricole S.A. announced the redemption of EUR 1,500,000,000 Senior Non-Preferred Fixed to Floating Rate Notes issued on April 22, 2020, effective on April 22, 2025 [1][11] - The redemption will occur at 100% of the outstanding nominal amount, along with any accrued interest [11][12] - The terms and conditions of the redemption are outlined in the base prospectus dated April 9, 2020, which was approved by the Autorité des marchés financiers [1][11] Redemption Details - The redemption amount will become due and payable on the redemption date, and the notes will cease to bear interest unless the redemption amount is improperly withheld [2][12] - Payment of the redemption amount will be made in accordance with the specified conditions [12] - The notes are identified by ISIN FR0013508512 and are due in April 2026 [10][11]

Core Points - Crédit Agricole S.A. has filed its 2024 Universal Registration Document and Annual Financial Report with the French Financial Market Authority (AMF) on March 24, 2025 [1] - The French version of the documents is available on the Crédit Agricole S.A. website and the AMF website [1] - The Registration Document includes the 2024 Annual Financial Report, a report on corporate governance, and information on fees paid to statutory auditors [3]

Group 1 - Crédit Agricole S.A. (CASA) has shown resilience despite a lack of sensitivity to interest rates in recent years [1] - The bank has underperformed compared to the wider European financial sector [1] Group 2 - The investment approach favored is long-term, buy-and-hold, focusing on stocks that can sustainably generate high-quality earnings [1]

Financial Data and Key Metrics Changes - The company reported a net profit that is 20% above the initial target for 2025, with a return on tangible equity (ROTE) of 14%, which is 2 percentage points above the target [5][47] - The cost/income ratio improved significantly, remaining below the ceiling set at 58% [5][47] - Overall, all financial indicators showed an increase, including revenues, gross operating income, and net profit for both the quarterly and full-year results [51] Business Line Data and Key Metrics Changes - Retail banking activities saw a strong rebound, particularly in home loan production, which increased by 18% compared to Q4 2023 [10][54] - The insurance segment achieved a record level of net premium income of EUR 43.6 billion for the full year [13][56] - Asset management, represented by Amundi, reported net inflows of EUR 55 billion and total assets under management of EUR 2.24 trillion [13][56] - The Specialized Financial Services division experienced a revenue increase of EUR 35 million, marking the first growth in 2024 [16] Market Data and Key Metrics Changes - The company reported a stable deposit mix in France, which is crucial for improving the net interest margin in the future [54] - The corporate center saw a sharp increase in revenues, driven partly by a higher valuation of Banco BPM shares [60] Company Strategy and Development Direction - The company is focused on transitioning towards financing renewables and low-carbon energy sources, with a significant shift in financing from fossil fuels to low-carbon energy [36][81] - The company aims to continue increasing market shares across various business lines, with a reported addition of 1.9 million new customers in retail banking annually [38][82] - The company is also exploring inorganic growth opportunities through strategic acquisitions, which are expected to contribute approximately EUR 4.5 billion in revenues by 2025 [84] Management's Comments on Operating Environment and Future Outlook - Management indicated that while there are both tailwinds and headwinds expected in 2025, they believe they can maintain performance similar to 2024 on a structural basis [98] - The company is in a transition period with a new CEO expected to take charge in mid-May, and a new medium-term plan is anticipated to be presented in Q4 2025 [95][96] - There are no signs of asset quality deterioration in France, despite some sectors being sensitive [112] Other Important Information - The solvency ratio remains strong at 11.7%, above the target of 11% [72] - The liquidity coverage ratio (LCR) is significantly above the target at 131% for Crédit Agricole S and 127% for the group [78] Q&A Session Summary Question: Are you reviewing your guidance up? - The company is in a transition period with a new CEO starting in mid-May, and a new medium-term plan will be developed, but no immediate updates on guidance are expected [95][96] Question: Is there a structural shift in ROTE? - The company is targeting a return on tangible equity above 12% for 2025, and they are well positioned regarding ROTE, but this will be part of the new medium-term plan [97][100] Question: What is the focus with excess capital? - The company is considering various opportunities, including bolt-on acquisitions and larger deals, but specifics will be outlined in the new medium-term plan [109] Question: Is there a risk of asset quality deterioration in France? - Management indicated that there are no signs of overall asset quality deterioration, although some sectors remain sensitive [112]

CONTINUED STRONG EARNINGS MOMENTUM IN 2024   CASA AND CAG STATED AND UNDERLYING DATA Q4-2024               CRÉDIT AGRICOLE S.A.   CRÉDIT AGRICOLE GROUP     Stated   Underlying     Stated   Underlying Revenues   €7,092m+17.4% Q4/Q4   €7,116m+18.2% Q4/Q4     €9,817m+11.9% Q4/Q4   €9,840m+13.4% Q4/Q4 Expenses   -€3,917m+5.6% Q4/Q4   -€3,878m+4.4% Q4/Q4     -€5,863m+3.2% Q4/Q4   -€5,824m+2.4% Q4/Q4 Gross Operating Income   €3,175m+36.2% Q4/Q4   €3,238m+40.4% Q4/Q4 ...