Credit Agricole logs €6.8B in Q1 revenue - Breaking The News
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Credit Agricole logs €6.8B in Q1 revenue

EPA/IAN LANGSDON

Credit Agricole S.A. revealed on Friday that its revenues climbed by 11% to €6.8 billion in the first quarter of 2024.

The bank's net income rose to €2.2 billion, jumping by 47% compared to the prior-year quarter. Its underlying earnings per share (EPS) reached €0.50, marking a 35% jump compared to the same time period the year before, when the company's EPS stood at €0.37.

"For the 3rd time in a row, the financial ambitions of our medium-term plan should be achieved a year ahead of schedule, i.e., by the end of 2024," Credit Agricole CEO Philippe Brassac said in the statement.

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