Crédit Agricole Q2 FY26 net income drops 11.9% to EUR 2.05 billion; revenue rises 7.7% to EUR 7.36 billion
Reuters2026/07/31 05:01- Crédit Agricole posted Q2 2026 net income Group share of €2.05 billion, down 11.9% year-on-year; revenue rose 7.7% to €7.36 billion.
- Gross operating income climbed 11.4% to €3.49 billion as expenses increased 4.6% to €3.87 billion; cost/income ratio improved 1.6 percentage points to 52.6%.
- Cost of risk rose 5.6% to €466 million; CET1 ratio stood at 11.3% at end-June.
- Group Q2 net income Group share rose 7.8% to €2.78 billion as revenue increased 12.9% to €10.88 billion; cost/income ratio improved 4.5 percentage points to 56.5%.
- Launched an AI industrial platform, investing €500 million over three years; interim dividend set at €0.57 per share, payable Oct. 15.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US lawmakers question Besant: Why use American funds to intervene in the yen? Requesting disclosure of the scale and legal basis.
Democratic Senator Elizabeth Warren has asked Treasury Secretary Janet Yellen to explain the basis for intervening in the Japanese yen; to clarify the expected cost of this action for U.S. taxpayers, as well as "the scale and conditions currently being considered for providing financial support to Japan"; and to explain how turbulence in Japan's financial markets could potentially impact U.S. jobs, wages, and financial stability.
Ethena treasury company StablecoinX shares jump 12% after revealing 20% stake in ENA supply
Cryptocurrency Watchers Keep Eyes on Coldcard Hack -- Market Talk
Crypto prices
More
