2/10, 6:36 AM (Source: TeleTrader)
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Credit Agricole books €5.82B in revenues in Q4

Credit Agricole S.A's Revenues climbed to €5.82 billion from last year's €5.25, as its net income rose from €179 million to €1.65 billion, the company's financial report revealed on Thursday.

Its underlying earnings per share (EPS) stood at €0.46 in the fourth quarter of 2021, marking an increase compared to the same time period the year before, when the company's EPS landed at €0.02. The financial services company booked total revenues of €22.65 billion in 2021, which is €2.01 billion more on a yearly basis. Net income increased to €5.84 billion from last year's €2.69 billion, as the fourth quarter EPS landed at €1.84.

"The Group upholds its long-term commitments and, on 22 June, will present a new development plan to accelerate transitions," Credit Agricole CEO Philippe Brassac said in the statement.

Baha Breaking News (BBN) / NL