Credit Agricole: Q3 net income down 4.3% at E1,769m
(CercleFinance.com) - Crédit Agricole's underlying net banking income increased 1.
6% y-o-y in Q3 2020 to 8,460 million euros, thanks to dynamic business, particularly at the large corporate client division, which posted 11.8% growth in its revenue (+166 million euros).
Net income, group share published reached 1,769 million euros, down 4.3% from 1,849 million euros in Q3 2019.
Excluding specific items, net income, group share reached 1,934 million euros, pretty stable (+0.5%) compared to Q3 2019 (1,849 million euros).
9m 2020 net income, group share fell by 9.7% y-o-y, while underlying net banking revenue is pretty flat (+0.7%).
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6% y-o-y in Q3 2020 to 8,460 million euros, thanks to dynamic business, particularly at the large corporate client division, which posted 11.8% growth in its revenue (+166 million euros).
Net income, group share published reached 1,769 million euros, down 4.3% from 1,849 million euros in Q3 2019.
Excluding specific items, net income, group share reached 1,934 million euros, pretty stable (+0.5%) compared to Q3 2019 (1,849 million euros).
9m 2020 net income, group share fell by 9.7% y-o-y, while underlying net banking revenue is pretty flat (+0.7%).
Copyright (c) 2020 CercleFinance.com. All rights reserved.