{
Ingrid Melander

People

}
001122334455554433221100
001122334455554433221100

credit agricole reports profit decline amid rising costs and tax impact

Credit Agricole reported a 4.2% decline in first-quarter net income to €1.82 billion, impacted by a one-off tax hike and rising costs, which outpaced revenue growth of 6.6% to a record €7.26 billion. Shares fell 3.5% as the bank faced a total of €200 million in exceptional taxes for 2025, while its investment banking division showed resilience amid volatile markets. Retail operations in France and Italy struggled with declining net interest margins, despite increased fee income from asset management.
Reuters
Euro CREDIT AGRICOLE UniCredit S.p.A. Banco BPM S.p.A. ITA FRA DEU Mark Potter Tommy Reggiori Wilkes Ingrid Melander Bertrand De Meyer Show more
Business & Industry, Market Report
09:49 30.04.2025
Trending
Subcategory
Corporate News Industry Trends Funding Rounds & Investments Emerging Startups AI Innovations AI Applications Fintech Startups Venture Capital Investments Cryptocurrency Trends Startups & Entrepreneurship Global Trade Developments Economic Indicators Stock Market Updates Product Launches Green Technology Retail and Consumer Goods Government Economic Policies IPOs & SPACs Cybersecurity Innovations & Tech Crypto Adoption and Integration
Countries:
USA CHN ARE IND SAU JPN DEU KOR IDN ISR SGP GBR AUS FRA TWN HKG EGY LVA MEX RUS
Companies:
Microsoft Corporation Corp. Google LLC Nvidia Corporation Amazon.com Inc. PayPal Holdings Inc. Uber Technologies Inc. Alphabet Inc. Apple Inc. Bank of China Limited (Inc. in China) Toyota Motor Corporation Zero Networks Ltd. NIO Inc. Mckinsey & Company Inc. Italy Goodwater Capital V LP Circle Internet Financial LLC Coinbase Global Inc. Publicis Groupe SA Delivery Hero SE The Goldman Sachs Group, Inc. Globe Fintech Innovations Inc.
Currencies:
United States Dollar Euro Indian Rupee Chinese Yuan Filipino Peso Japanese Yen Offshore Chinese Yuan
People:
Donald Trump Elon Musk C. C. Wei Dara Khosrowshahi Pierre-dimitri Gore-coty Satya Nadella Tim Cook Xinyuan Pan Firoz Tarapore Jamieson Greer Raheel Ahmed Ahmed Saleh Lillian Dombrowski Jensen Huang Nandan Nilekani Saurabh Jain Ayush Jaiswal Sahil Lavingia Ryan Hoover Rahul Jaimini

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Reset settings
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.