CASA’s excellent Q2 was driven by a strong performance from Asset Gathering and Specialized Financial Services with the consolidation of CA Autobank and the contribution from Leasys JV, and thanks to the elevated performance of CIB, all more than offsetting the poor performance of French Retail Banking (although better than feared). Aside from the top line, costs were better than expected while loan losses were worse than anticipated. The capital position remained healthy and the 2025 targets we ....

04 Aug 2023
Q2: excellent performance thanks to asset gathering and specialized financial services

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Q2: excellent performance thanks to asset gathering and specialized financial services
- Published:
04 Aug 2023 -
Author:
Sylvain Perret -
Pages:
3 -
CASA’s excellent Q2 was driven by a strong performance from Asset Gathering and Specialized Financial Services with the consolidation of CA Autobank and the contribution from Leasys JV, and thanks to the elevated performance of CIB, all more than offsetting the poor performance of French Retail Banking (although better than feared). Aside from the top line, costs were better than expected while loan losses were worse than anticipated. The capital position remained healthy and the 2025 targets we ....