Credit Agricole SA (CRARY)
OTHER OTC:CRARY
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Earnings Data
Report Date
Jul 31, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.34Last Year’s EPS
0.42Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a predominantly positive operational and financial picture: strong revenue generation at the group level (record EUR 10bn), solid net income and profitability (ROTE 13.7%), robust liquidity and capital headroom, significant customer acquisition and digital progress, and tangible synergy realizations. Offsetting this are higher year‑on‑year cost of risk driven by prudent Stage 1/2 provisioning and overlays (including ~EUR 60m linked to the Middle East), notable weather/nat‑cat claims (>EUR 200m gross), and material near‑term headwinds in Specialized Financial Services and mobility (residual value and used‑car market pressures, ~EUR 30m impact). CET1 marginally declined due to organic growth, methodological effects and the Banco BPM stake increase. Overall, the positives (record revenues, strong client capture, efficiency gains, capital and liquidity comfort) outweigh the cyclical and event‑driven lowlights, though key business sensitivities (automotive remarketing, market volatility and geopolitical provisioning) warrant monitoring.Company Guidance
Strong profitability and net income
Credit Agricole S.A. reported net income of EUR 1.676 billion (≈ EUR 1.7bn) for Q1 2026. Gross operating income increased like‑for‑like by 5.5% and net income growth for the group was reported at +5.5% year‑on‑year (group), while CASA net income rose (like‑for‑like) and was communicated as EUR 1.676m.
Record group revenues and CASA revenue base
Group revenues reached a record level of EUR 10.0 billion (+2.8% year‑on‑year for the group). Credit Agricole S.A. revenues were cited around EUR 7.0 billion and on a like‑for‑like basis revenues increased ~3.2% after excluding certain consolidation/scope effects.
Excellent capital and return metrics
CET1 ratio for Credit Agricole S.A. stood at 11.4%, above the 11% target. ROTE was high at 13.7%. Group CET1 remains comfortably above SREP requirements (stated as ~670 basis points headroom).
Strong liquidity and funding position
Liquidity reserves were EUR 475 billion with excellent LCR and NSFR metrics; ~2/3 of the 2026 funding plan was already completed in Q1 and customer deposits remained stable and diversified.
Customer acquisition and digital momentum
Very strong commercial traction with 600,000 new customers in the quarter (450,000 in France). Digital acquisition contributed ~20% of professional captures at LCL and ~40% of client capture for Credit Agricole Italia; several 100% self‑care digital products launched and CA Savings platform launched in Germany.
Asset gathering and insurance inflows
Asset gathering posted dynamic results: record net inflows in insurance of EUR 5.7 billion in Q1 (EUR 1.5 billion attributed to the Oriance solution). Amundi showed strong net inflows and growing AUMs, with strong ETF/index flows and third‑party distribution momentum.
Operational efficiency and realized synergies
Positive jaws of 1.7 percentage points on a like‑for‑like basis; cost‑to‑income ratio improved by ~0.6pp quarter‑on‑quarter at CASA. Synergies: full effect of CACEIS–RBC synergies recognized with EUR 100 million additional income in 2026 confirmed; ~40% of Indosuez synergies realized.
Strategic execution: M&A, expansion and new platforms
Increased stake in Banco BPM to 22.9%; acquisition of a small Ukrainian bank (Lviv) to strengthen CA Ukraine; launched CA Savings platform in Germany (medium‑term plan target to expand on‑balance sheet savings). Dividend capacity noted at EUR 0.26 per share.
CRARY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CRARY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $10.08 | $9.73 | -3.41% |
Feb 04, 2026 | $11.07 | $10.72 | -3.18% |
Oct 30, 2025 | $9.49 | $8.95 | -5.61% |
Jul 31, 2025 | $9.42 | $9.24 | -1.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Credit Agricole SA (CRARY) report earnings?
Credit Agricole SA (CRARY) is schdueled to report earning on Jul 31, 2026, Before Open (Confirmed).
What is Credit Agricole SA (CRARY) earnings time?
Credit Agricole SA (CRARY) earnings time is at Jul 31, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CRARY EPS forecast?
CRARY EPS forecast for the fiscal quarter 2026 (Q2) is 0.34.