Credit Agricole (CRARY) AI Stock Analysis

• Market Cap: $57.76B
• Dividend Yield: 6.3%
• Average Volume (3M): 52.95K
• Price to Earnings (P/E): 7.5
• Beta (1Y): 0.41
• Revenue Growth: -3.47%
• EPS Growth: 15.46%
• Country: US
• Employees: 80,518
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.18
• Shares Outstanding: 6,051,804,700
• 10 Day Avg. Volume: 29,511
• 30 Day Avg. Volume: 52,954
• PEG Ratio: 1.96
• Price to Book (P/B): 0.76
• Price to Sales (P/S): 0.80
• P/FCF Ratio: 1.16
• Enterprise Value/Market Cap: 6.96
• Enterprise Value/Revenue: -92.85
• Enterprise Value/Gross Profit: -92.85
• Enterprise Value/Ebitda: -37.48
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 1.37
• Revenue Forecast (FY): $33.56B

• Rating: 70 Outperform
• Price Target: $10.50 ▲(3.14% Upside)
• Action: Reiterated Date: 02/07/26
• Date: Action: Reiterated 02/07/26

The score is driven primarily by mixed financial fundamentals—solid profitability and growth but higher leverage and uneven cash flow—offset by attractive valuation (low P/E and strong yield). Technicals are supportive with an established uptrend and neutral momentum, while the latest earnings call adds a positive outlook via synergy-driven guidance despite near-term one-off and mobility/provisioning headwinds.

Positive Factors

Diversified business model

Crédit Agricole's broad mix of retail banking, corporate & investment banking, asset management, insurance and specialized finance creates multiple, complementary revenue streams. This diversification reduces dependence on any single cycle, supports cross-sell, and preserves business resilience across macro environments over the medium term.

Strong capital and liquidity

High CET1 ratios and very large liquidity reserves provide a durable buffer against credit or market stress, support regulatory compliance, and allow room for selective lending, dividends and M&A. Ample liquidity also lowers short-term funding risk and preserves strategic optionality for 2–6 months and beyond.

Record asset gathering & insurance inflows

Large, recurring insurance premiums and record asset-gathering increase fee-bearing assets and stabilize non‑interest income. Growing AUM and net inflows support management fees and distribution economics, underpinning margin sustainability and cross-sell potential over the medium term regardless of short-term rate moves.

Negative Factors

Rapidly rising leverage

The sharp increase in leverage materially raises financial risk and reduces flexibility. Higher debt-to-equity magnifies sensitivity to funding or credit shocks, can constrain capital-deployment choices, and may increase regulatory or market scrutiny, weighing on strategic optionality over the medium term.

Volatile cash generation

Multi-year swings between negative and strongly positive operating and free cash flow indicate inconsistent cash conversion. This volatility complicates planning for dividends, buybacks and investments, and suggests reliance on timing effects or one-offs rather than stable underlying cash generation.

Acquisition consolidation and one-off impacts

Large accounting impacts from recent M&A create earnings volatility and comparability issues, while integration and initial consolidation charges can temporarily depress returns and capital metrics. Such structural integration risk may persist across quarters and complicate trend visibility for stakeholders.

Credit Agricole Business Overview & Revenue Model

Company Description

Crédit Agricole S.A. provides retail, corporate, insurance, and investment banking products and services worldwide. It operates through Asset Gathering; Large Customers; Specialised Financial Services; French Retail Banking - LCL; and International Retail Banking. The company offers banking products and services, including savings and current accounts and deposits, finance, payments, and flow management services; consumer finance products; and banking and specialized financial services. It also provides wealth management services that allow individual customers to manage, protect, and transfer their assets, as well as other asset management services; and savings/retirement, death and disability/creditor/group, and property and casualty insurance products. In addition, the company offers financing solutions for property and equipment investment and renewal requirements; trade receivable financing and management solutions for corporates; and financing services for renewable energy and public infrastructure projects, as well as leasing services. Further, it provides investment banking, structured finance, international trade finance, commercial banking, capital market, and syndication services; and asset servicing solutions for investment products, as well as various asset classes, such as execution, clearing, forex, security lending and borrowing, custody, depositary bank, fund administration, middle-office outsourcing solutions, and fund distribution support and issuer services. The company serves retail customers, corporates, banks and financial institutions, government agencies, and local authorities. Crédit Agricole S.A. was founded in 1894 and is headquartered in Montrouge, France. Crédit Agricole S.A. operates as a subsidiary of SAS Rue La Boétie.

How the Company Makes Money

Crédit Agricole primarily makes money by earning interest income, charging fees and commissions, collecting insurance premiums and related underwriting income, and generating investment/market-related revenues across its major activities. (1) Retail and consumer banking: it takes deposits and extends loans (mortgages, consumer credit, business lending), earning net interest income (the spread between interest earned on loans/securities and interest paid on deposits/funding). It also earns non-interest income from account services, payments, card fees, and loan origination/servicing fees. (2) Corporate and investment banking (via its CIB activities): it earns fees and margins from advisory and financing (e.g., loan syndication, structured finance), transaction banking (cash management and trade finance), and sales & trading/market activities where revenue can include client-driven trading income, market-making spreads, and hedging-related income (results can vary with market conditions). (3) Asset management: it earns management fees based on assets under management and may earn performance fees where applicable; revenues depend on asset levels, net inflows/outflows, and market performance. (4) Insurance: it collects premiums and earns income from underwriting (premiums minus claims/expenses) and from investing the insurance float; results are influenced by claims experience, lapse rates, and investment returns. (5) Specialized financial services: it earns interest and fee income from activities such as leasing, factoring, and consumer finance, often tied to loan/lease volumes and credit performance. Across the group, profitability is materially affected by interest-rate levels and the yield curve, credit quality and loan losses, regulatory capital/liquidity requirements, and overall economic and market conditions. Specific material partnerships or arrangements are not available in this response: null.

Credit Agricole Financial Statement Overview

Summary

Earnings and revenue trends are solid overall (Income Statement score 72), but financial strength is constrained by a sharp 2025 leverage increase (Balance Sheet score 46) and multi-year cash flow volatility despite a strong 2025 rebound (Cash Flow score 58).

Income Statement

Revenue expanded strongly from 2022–2025, with 2025 showing an unusually large jump versus prior years. Profitability is solid overall, with net income remaining positive each year and improving versus 2020. However, margins are volatile: 2025 shows very high operating and net margins versus 2023–2024, and 2025 gross margin is reported as 0.0 (likely a data anomaly), which adds uncertainty to trend quality.

Balance Sheet

The balance sheet is heavily levered (typical for banking but still a risk factor), with debt-to-equity rising meaningfully to ~7.47x in 2025 from ~4.22x in 2024 and ~2–4x in 2020–2023. Equity is relatively stable while total debt climbed sharply in 2025, increasing financial risk and reducing flexibility. Returns on equity are steady around ~8–10%, which is a positive offset, but the leverage trajectory is the key concern.

Cash Flow

Cash generation is inconsistent: operating cash flow was negative in 2023 and 2024, then swung to a very strong positive level in 2025. Free cash flow is also volatile (negative in 2022–2024, strongly positive in 2025), suggesting variability in underlying cash conversion and/or timing effects. A positive point is that 2025 free cash flow is close to net income, indicating healthier cash realization in the most recent year, but the multi-year instability weighs on the score.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	66.08B	74.47B	68.33B	37.61B	33.07B
Gross Profit	26.26B	25.33B	23.45B	20.65B	21.40B
EBITDA	11.74B	11.87B	10.70B	8.97B	9.25B
Net Income	7.07B	7.09B	6.35B	5.31B	5.84B
Balance Sheet
Total Assets	2.37T	2.31T	2.19T	2.14T	2.07T
Cash, Cash Equivalents and Short-Term Investments	579.76B	829.24B	598.93B	654.92B	640.85B
Total Debt	312.98B	315.58B	280.25B	239.90B	199.32B
Total Liabilities	2.30T	2.23T	2.11T	2.06T	2.00T
Stockholders Equity	69.49B	74.71B	71.09B	66.52B	68.22B
Cash Flow
Free Cash Flow	45.55B	-16.98B	-37.40B	-495.00M	10.05B
Operating Cash Flow	46.62B	-15.91B	-36.51B	594.00M	10.93B
Investing Cash Flow	-4.40B	-1.78B	9.85B	-5.06B	-838.00M
Financing Cash Flow	-4.49B	9.45B	16.55B	1.57B	-1.70B

Credit Agricole Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 10.18
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CRARY, the sentiment is Negative. The current price of 10.18 is below the 20-day moving average (MA) of 10.23, below the 50-day MA of 10.40, and above the 200-day MA of 9.77, indicating a bearish trend. The MACD of -0.31 indicates Positive momentum. The RSI at 37.69 is Neutral, neither overbought nor oversold. The STOCH value of 24.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CRARY.

Credit Agricole Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ITUB	74 Outperform	$87.16B	9.08	21.64%	9.77%	11.82%	3.41%
PNC	72 Outperform	$81.15B	10.18	11.88%	3.11%	1.79%	30.93%
CRARY	70 Outperform	$57.76B	7.45	10.37%	6.30%	-3.47%	15.46%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
USB	65 Neutral	$79.74B	10.95	12.12%	3.77%	2.91%	33.77%
LYG	64 Neutral	$75.25B	12.62	9.93%	3.19%	-20.94%	-18.71%
MFG	57 Neutral	$98.43B	10.79	9.73%	2.31%	-2.84%	25.48%