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5/7, 6:53 AM (Source: TeleTrader)
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Credit Agricole Q1 net income at €1.05B, up 63.9% YoY

Credit Agricole S.A. reported on Friday that its stated net income group share in the first quarter of the year stood at €1.05 billion an increase of 63.9% when compared to the same period last year.

The bank's stated revenue for the first quarter stood at €5.49 billion, a per annum increase of 5.6%. At the same time, stated earnings per share were €0.32, increasing 91.6% from €0.17 last year. Additionally, the CET1 ratio stood at 12.7%, down 0.4 percentage points from December 2020.

Meanwhile, Credit Agricole Group's stated net income rose 93.2% year-on-year to €1.75 billion, with the bank adding it had a strong solvency group level with a CET1 ratio of 17.3%.

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