Credit Agricole reported a 39% fall in fourth-quarter profit on Wednesday, hit by a one-off charge related to the French bank’s increased stake in Italy’s Banco BPM , rising costs and losses at its car-leasing business.
France’s third-largest listed lender said net income dropped to 1.03 billion euros ($1.22 billion), narrowly above analyst expectations of 996 million euros. Revenue fell 1.8% to 6.97 billion euros, beating the 6.78 billion euro consensus.
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Source: Reuters | Published: 2026-02-04T06:03:13Z
Credit: Reuters
