Credit Agricole Q2 earnings beats estimates on record investment banking sales
Credit Agricole SA (CAGR.PA), opens new tab, France’s second-largest listed bank by market value, beat analyst estimates in the second quarter as its investment banking unit posted record sales driven by strong capital markets and corporate finance activity.
Net profit for the group from April to June fell to 1.82 billion euros ($1.97 billion) down 10.4% versus the same period the year prior and beating the 1.62 billion-euro analyst consensus compiled by the company.
Source: REUTER