Crédit Agricole SA (CASA) released its numbers for Q3 18 this morning. Total revenues at €4.8bn are 1% below expectations, 0.7% above our own forecasts and 5% higher yoy. Total expenses at €2.99bn were 1% higher than expected and 0.7% above ours. Adjusted for volatile income in the corporate centre, total revenues and total expenses are roughly in line with consensus expectations. Adjusted gross operating income at €1.8bn is therefore in line with expectations and 3.4% a
07 Nov 2018
Roughly in line...a nice French surprise...
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Roughly in line...a nice French surprise...
Credit Agricole SA (ACA:WBO) | 0 0 0.0% | Mkt Cap: 38,693m
- Published:
07 Nov 2018 -
Author:
Farhad Moshiri -
Pages:
3
Crédit Agricole SA (CASA) released its numbers for Q3 18 this morning. Total revenues at €4.8bn are 1% below expectations, 0.7% above our own forecasts and 5% higher yoy. Total expenses at €2.99bn were 1% higher than expected and 0.7% above ours. Adjusted for volatile income in the corporate centre, total revenues and total expenses are roughly in line with consensus expectations. Adjusted gross operating income at €1.8bn is therefore in line with expectations and 3.4% a