Crédit Agricole posts Q2, H1 2026 results presentation showing revenue growth to EUR 10.9 billion
Reuters2026/07/31 05:12- Crédit Agricole outlined Q2 2026 momentum with Group revenues EUR 10.88 billion, up 12.9%, net income EUR 2.78 billion, up 7.8%.
- Crédit Agricole S.A. posted Q2 revenues EUR 7.36 billion, up 7.7%; gross operating income EUR 3.49 billion, up 11.4%; net income EUR 2.05 billion.
- Cost control improved profitability, with cost/income ratio at 58.3% for the Group, 54.7% for Crédit Agricole S.A.
- Asset quality stayed steady, with Group cost of risk at 30 bp, NPL ratio 2.3%, loan loss reserves EUR 22.8 billion, coverage ratio 79.5%.
- Strategy update flagged AI investment of EUR 500 million for 2026-2028, Banco BPM stake lifted to 29.3%, launch of euro-pegged stablecoin CASA EURXT.
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