Globenewswire·2025-07-31 05:00Core Insights - Crédit Agricole Group reported strong financial results for Q2 2025, with net income group share increasing by 30.1% to €2,638 million, driven by high revenues and a controlled cost of risk [18][34][48] - The group achieved revenues of €9,808 million, up 3.2% year-on-year, with a stable cost/income ratio of 59.9% [19][48] - The bank's CET1 capital ratio remains robust at 17.6%, indicating strong solvency [3] Financial Performance - Revenues for Crédit Agricole S.A. reached €7,006 million, a 3.1% increase compared to Q2 2024 [35][48] - Operating expenses rose by 2.2% to €3,700 million, leading to a gross operating income of €3,306 million, up 4.1% year-on-year [37][48] - The cost of risk was reported at -€441 million, an increase of 4.2% compared to the previous year [40][48] Business Segments - The Asset Gathering division saw assets under management grow to €2,905 billion, up 5.2% year-on-year, with strong inflows in asset management and insurance [12][49] - In the insurance sector, revenues reached €12.7 billion, a 17.9% increase from Q2 2024, driven by growth in savings and retirement products [50][62] - The Corporate and Investment Banking (CIB) segment reported record revenues, supported by strong capital markets activity [14][19] Customer Growth and Market Position - The group captured 493,000 new customers in retail banking during Q2 2025, with total on-balance sheet deposits reaching €838 billion, a 0.6% increase year-on-year [10][29] - Crédit Agricole's credit market share remained stable at 22.6%, with loan production up 18.8% compared to Q2 2024, particularly in housing loans [29][30] Strategic Developments - The group is actively pursuing strategic operations, including partnerships and acquisitions, with notable transactions in the U.S. and Europe [5][6] - Crédit Agricole continues to support the transition to low-carbon energy, with investments in sustainable finance recognized by Euromoney as the World's Best Bank for Sustainable Finance [15][17]