Credit Agricole SA (OTCMKTS:CRARY – Get Free Report)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $10.00, but opened at $9.45. Credit Agricole shares last traded at $9.48, with a volume of 12,828 shares traded.
Key Stories Impacting Credit Agricole
Here are the key news stories impacting Credit Agricole this week:
- Positive Sentiment: LCL and Crédit Agricole Assurances completed the acquisition of the Milleis Group, strengthening the bank’s wealth?management and bancassurance footprint — a strategic move that should boost fee income and client assets over time. CREDIT AGRICOLE SA: LCL and Crédit Agricole Assurances finalise the acquisition of Milleis Group and strengthen their wealth management strategy
- Positive Sentiment: Crédit Agricole Assurances reported a record quarter (though marked by climate events), signalling resilience in the insurance arm and potential offsets to banking volatility. That boosts group earnings diversification. Crédit Agricole Assurances: Record quarter marked by climate events
- Positive Sentiment: SAS Rue La Boétie informed the board it intends to buy up to €800m of Crédit Agricole shares on market, providing direct buy?side support and reducing float — a bullish catalyst for investor sentiment. CREDIT AGRICOLE SA: First-quarter 2026 results – ROBUST RESULTS DESPITE MARKET TURBULENCE
- Neutral Sentiment: Credit Agricole is redeeming certain GBP Undated AT1 notes (June 2021 issuances). This alters capital mix and reduces ongoing coupon obligations, but uses cash and has limited immediate EPS impact. CREDIT AGRICOLE S.A. ANNOUNCES REDEMPTION OF its outstanding GBP Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes
- Neutral Sentiment: Regional note: Crédit Agricole Ille?et?Vilaine published its semiannual liquidity contract report — routine disclosure with no material group impact. Crédit Agricole Ille-et-Vilaine :Bilan semestriel du contrat de liquidité au 30/12/2025
- Neutral Sentiment: Credit Agricole Egypt reported Q1 profit down 2.9% YoY due to higher provisions and taxes — impacts are mostly localized to the Egyptian subsidiary and only modestly affect group dynamics. Credit Agricole Egypt Q1 profit slips 2.9% YoY as higher provisions, taxes weigh
- Negative Sentiment: Group Q1 results missed consensus: EPS $0.30 vs. $0.35 expected and revenue slightly below estimates. The bank raised provisions citing uncertainty tied to the Iran conflict, which weighed on net income and is the primary downward pressure on the stock today. Credit Agricole’s Q1 profit undershoots as Iran war uncertainty lifts provisions
Analyst Ratings Changes
A number of research firms have issued reports on CRARY. Deutsche Bank Aktiengesellschaft cut Credit Agricole from a “buy” rating to a “hold” rating in a report on Tuesday, February 17th. Oddo Bhf upgraded Credit Agricole from a “neutral” rating to an “outperform” rating in a report on Tuesday, January 27th. Keefe, Bruyette & Woods upgraded Credit Agricole from a “moderate sell” rating to a “hold” rating in a report on Friday, March 6th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Credit Agricole in a report on Wednesday, February 11th. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.
Credit Agricole Stock Up 0.1%
The business has a 50-day moving average price of $9.90 and a two-hundred day moving average price of $9.94. The company has a market capitalization of $58.52 billion, a price-to-earnings ratio of 8.13 and a beta of 0.66.
Credit Agricole (OTCMKTS:CRARY – Get Free Report) last issued its earnings results on Thursday, April 30th. The company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.01. Credit Agricole had a return on equity of 24.26% and a net margin of 24.36%.The company had revenue of $8.18 billion for the quarter, compared to analyst estimates of $8.25 billion. On average, sell-side analysts anticipate that Credit Agricole SA will post 1.31 EPS for the current fiscal year.
About Credit Agricole
Crédit Agricole (OTCMKTS:CRARY) is a major French banking group that provides a broad range of financial services to retail, corporate and institutional clients. Headquartered in France, the group combines a large domestic retail banking franchise with international wholesale banking, asset management, insurance and specialized financial services. Its operations are organized through a network of regional cooperative banks together with a centrally managed listed entity that coordinates group strategy and capital markets activities.
The company’s core businesses include retail and commercial banking products such as current accounts, savings, mortgages, consumer loans and payment services delivered through its regional bank network and retail subsidiaries.
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