智通财经4月30日电，法国农业信贷银行第一季度净利润18.2亿欧元，预估18.5亿欧元。 ...

Core Insights - Crédit Agricole S.A. reported increased revenues and strong profitability despite a significant tax impact, with Q1 2025 revenues reaching €7,256 million, up 6.6% year-on-year, and net income group share at €1,824 million, down 4.2% from Q1 2024 [1][24][14] Financial Performance - Revenues for Crédit Agricole Group totaled €10,048 million in Q1 2025, reflecting a 5.5% increase compared to Q1 2024, driven by growth in various business lines, particularly Asset Gathering and Corporate and Investment Banking [15][25] - Operating expenses increased by 7.2% to €5,992 million, leading to a cost/income ratio of 59.6%, up 1.0 percentage point year-on-year [15][24] - Gross operating income was €4,056 million, a 3.0% increase from the previous year, while net pre-tax income rose by 1.6% to €3,399 million [15][17] Business Segments - The Asset Gathering division saw revenues increase by 15% to €2,058 million, supported by strong inflows and the integration of Degroof Petercam [43][40] - Corporate and Investment Banking achieved record revenues of €1,887 million, up 7.3% year-on-year, driven by strong performance in capital markets and investment banking activities [60][54] - Insurance revenues reached €727 million, a slight increase of 0.7%, with significant contributions from savings/retirement and property and casualty insurance segments [46][35] Customer Growth and Market Position - Crédit Agricole Group added 550,000 new customers in retail banking during Q1 2025, with a total of €835 billion in on-balance sheet deposits, reflecting a 1.3% year-on-year increase [6][7] - The loan production in France showed recovery, with home loan production increasing by 37% for Regional Banks compared to Q1 2024 [7][18] Capital and Solvency - The phased-in CET1 ratio for Crédit Agricole S.A. stood at 12.1%, while the Group's ratio was 17.6%, benefiting from the positive impact of CRR3 [3] Strategic Initiatives - The Group continues to support energy transition initiatives, increasing its exposure to low-carbon energy financing by 141% since the end of 2020, totaling €26.3 billion by the end of 2024 [11][12] - Partnerships and acquisitions were highlighted, including the creation of a joint venture with Sofinco Leasing and the planned acquisition of Banque Thaler by Indosuez Wealth Management [5][40]

Core Viewpoint - Crédit Agricole S.A. is undergoing a significant governance restructuring, with a new executive team and organizational divisions set to take effect on June 1, 2025, aimed at enhancing operational efficiency and strategic focus [2][3][4]. Governance Structure - Olivier Gavalda will assume the role of CEO on May 14, 2025, and will propose the appointment of Jérôme Grivet as the sole Deputy Chief Executive Officer [2]. - The General Management will be organized into seven divisions, with specific responsibilities assigned to various executives [3][4]. Executive Divisions - Five divisions will report directly to Olivier Gavalda, including: - Technological Transformation, led by Olivier Biton, encompassing the Infrastructure Platform, Data/AI teams, and Information Systems [4]. - Corporate Secretary, managed by Véronique Faujour, overseeing Group Communication, Board Secretary, General Affairs, Security, and Public Affairs [4]. - Two divisions and control functions will be under Jérôme Grivet's supervision, including: - Universal Retail Banks, which includes LCL and Crédit Agricole Italia [5]. - International Banking and Services, led by Stéphane Priami, comprising various financial services [5]. Additional Divisions - Other divisions include: - Major Clients, under Jean-François Balaÿ, focusing on Crédit Agricole CIB and CACEIS [5]. - Client, Development and Innovation, led by Gérald Grégoire, which includes Retail Markets and Customer Communication [5]. - Transformation, Human Resources and Transitions, managed by Grégory Erphelin, focusing on sustainability and human resources [6]. - Finance and Steering, led by Clotilde L'Angevin, encompassing finance and investor relations [6]. Executive Committee Composition - The Executive Committee will consist of 18 members, including key figures such as Olivier Gavalda, Jérôme Grivet, and Clotilde L'Angevin, among others [8][14].

Core Viewpoint - Crédit Agricole S.A. is undergoing a significant governance restructuring, with a new executive team and organizational divisions set to take effect on June 1, 2025, aimed at enhancing operational efficiency and strategic focus [2][3][10]. Management Structure - Olivier Gavalda will assume the role of CEO on May 14, 2025, and will propose the appointment of Jérôme Grivet as the sole Deputy Chief Executive Officer [2]. - The General Management will be organized into seven divisions, with specific responsibilities assigned to various executives [3][4]. Divisional Responsibilities - Olivier Gavalda will oversee five divisions and the Corporate Secretary, which includes the Technological Transformation department led by Olivier Biton [4][5]. - Jérôme Grivet will supervise two divisions and control functions, including Universal Retail Banks and International Banking and Services [6][7]. Key Divisions and Leadership - Major Clients division will be led by Jean-François Balaÿ, while the Finance and Steering division will be managed by Clotilde L'Angevin [8][10]. - The new Savings and Wealth Management division will encompass Amundi, Crédit Agricole Assurances, and Indosuez Wealth Management, each led by their respective CEOs [8][9]. Executive Committee Composition - The Executive Committee will consist of 18 members, including key figures such as Olivier Gavalda, Jérôme Grivet, and Clotilde L'Angevin, among others [10][16].

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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 ...

Core Insights - Crédit Agricole Assurances has released its Group Solvency and Financial Condition Report (SFCR) for the financial year 2024, which is essential for understanding its financial health and compliance with regulatory standards [1][2]. Group 1: Regulatory Compliance - The SFCR was established in accordance with Solvency II regulations, incorporating guidelines from the European Insurance and Occupational Pensions Authority (EIOPA) and notices from the Autorité de Contrôle Prudentiel et de Résolution (ACPR) [2]. Group 2: Report Overview - The SFCR provides a comprehensive overview of the insurance activities within the Solvency II framework, summarizing the performance and activities of Crédit Agricole Assurances Group, assessing its governance system, risk profile, and the valuation of its prudential balance sheet [3]. Group 3: Company Profile - Crédit Agricole Assurances is France's leading insurer and a subsidiary of Crédit Agricole Group, offering a wide range of insurance products and services, including savings, retirement, health, personal protection, and property insurance, with a premium income of 43.6 billion euros for 2024 [5].

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]