Credit Agricole beats forecasts on strong investment bank boost

  • 📰 Reuters
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Credit Agricole (CAGR.PA), France's second-largest listed bank, posted better-than-expected quarterly results on Wednesday, driven by a strong performance of its investment bank and retail activities.

A Credit Agricole logo?is reflected in a window of a bank office in Nantes, France, May 10, 2023. REUTERS/Stephane Mahe/File Photo, France's second-largest listed bank, posted better-than-expected quarterly results on Wednesday, driven by a strong performance of its investment bank and retail activities.

Group revenues for the period came in at 6.34 billion euros, up 19% from a year earlier and also above expectations of 5.99 billion euros. The amount set aside by the bank for failing loans was also below expectations, at 439 million euros, boosting its bottom line.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 2. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Credit Agricole beats forecasts on strong investment bank boostCredit Agricole beats forecasts on strong investment bank boost
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »