Credit Agricole SA (CASA) released its numbers for Q3 19. Gross operating income was 2% above expectations driven by higher revenues (offset by slightly higher total expenses). The CET1 ratio at 11.7% is 10bp higher qoq (in line with CASA’s quarterly capital generation. Management remains committed to its 2019-22 MTP plan.
08 Nov 2019
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Credit Agricole SA (ACA:WBO) | 0 0 0.0% | Mkt Cap: 38,693m
- Published:
08 Nov 2019 -
Author:
Farhad Moshiri -
Pages:
2
Credit Agricole SA (CASA) released its numbers for Q3 19. Gross operating income was 2% above expectations driven by higher revenues (offset by slightly higher total expenses). The CET1 ratio at 11.7% is 10bp higher qoq (in line with CASA’s quarterly capital generation. Management remains committed to its 2019-22 MTP plan.