Crédit Agricole Q1 Profit Rises - Quick Facts

Crédit Agricole Group reported that its first-quarter net income Group share rose 93.2% to 1.754 billion euros from 908 million euros in the first quarter of 2020.

The specific items recorded the latest-quarter generated a positive net impact of 154 million euros on net income Group share.

Excluding the specific items, Crédit Agricole Group's underlying net income Group share was 1.599 billion euros, a year-on-year increase of 63.0%.

Quarterly underlying revenues rose 8.4% year-over-year to 9.082 billion euros, reflecting to sustained activity across all businesses, despite the pandemic.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
American Airlines canceled hundreds of flights this weekend and plans to cut more through at least mid-July due to bad weather and staffing shortages, multiple reports said. The shortage of flights come as demand is increasing heavily in the United States with reducing coronavirus cases benefited mainly by increased vaccination. Chinese HR firm 51job, Inc. (JOBS) announced Monday that it has entered into a definitive Agreement and Plan of Merger with Garnet Faith Limited, pursuant to which, and subject to the terms and conditions thereof, Garnet Faith will merge with and into 51job, with 51job being the surviving company, in... Priceline, affiliated to Booking Holdings Inc., is launching Fourth of July Freedom sale with bigger savings on flights, hotels and rental cars for the upcoming summer travel season. The company, which offers exclusive discounts on hotels, flights, alternative accommodations, rental cars, cruises and packages, said the two-week Freedom Sale will feature special discounts and promotions.
Follow RTT