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The General Meeting of Crédit Agricole S.A. took place on May 14, 2025, in Paris, with over 1,700 attendees. All resolutions were approved except for one, which was rejected by over 95%. A dividend of €1.10 per share was confirmed, and new appointments included Olivier Desportes as Director and Jérôme Grivet as Deputy Chief Executive Officer.
The General Meeting of Crédit Agricole S.A. took place on May 14, 2025, in Paris, with over 1,700 attendees and a quorum of 80.37%. All resolutions were approved except for one, which was rejected by over 95%. A dividend of €1.10 per share was confirmed, and new appointments included Olivier Desportes and Gaëlle Regnard as Directors. Dominique Lefebvre was re-appointed as Chairman, and Jérôme Grivet was named Deputy Chief Executive Officer.
Credit Agricole reported a 4.2% drop in first-quarter net income to 1.82 billion euros, impacted by a 123 million euro tax from a government levy. While revenues rose 6.6% to a record 7.26 billion euros, rising costs and retail weaknesses in France and Italy offset gains from its investment banking division. The bank is also navigating a complex M&A landscape involving Banco BPM amid UniCredit's unsolicited bid.
Xavier Musca
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credit agricole sa general meeting approves resolutions and confirms dividend payout
Euro
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Jean-Pierre Gaillard
Jérôme Grivet
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Christine Gandon
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18:12 14.05.2025
credit agricole shareholders approve resolutions and confirm dividend payout at meeting
Euro
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18:00 14.05.2025
Credit Agricole reports mixed Q1 results amid rising costs and tax impact
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