Credit Agricole SA

ACA: XPAR (FRA)
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Credit Agricole Earnings: Weaker Than Expected Due to Higher P&C Claims

No-moat Credit Agricole reported pretax profits of EUR 2.4 billion for the third quarter of 2024, 15% lower than the second quarter and 6% below the company-compiled consensus estimate. Revenue declined by 5% quarter on quarter, which was more than the consensus expected.

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