Brief: CRCAM Atlantique Vendee Q1 Gross Operating Income Down At EUR 30.4 Mln

Caisse Regionale De Credit Agricole Mutuel Atlantique Vendee

27/04/2020 17:49

April 27 (Reuters) - CAISSE REGIONALE DE CREDIT AGRICOLE
MUTUEL ATLANTIQUE VENDEE SC  CALCi.PA :
    * ON COVID-19: EXPECTS IMPACTS ON REVENUES, COST OF RISK, ON
ITS
RESULT AS WELL AS ON THE VALUATION OF ITS INVESTMENTS AND
PARTICIPATIONS
    * FINANCIAL RESULTS AT MARCH 31, 2020
    * Q1 CONSOLIDATED NET RESULT GROUP SHARE EUR 12.5 MILLION
VERSUS
EUR 19.2 MILLION YEAR AGO
    * Q1 NET BANKING INCOME EUR 103.7 MILLION VERSUS EUR 101.6
MILLION
YEAR AGO
    * Q1 GROSS OPERATING INCOME 30.4 MILLION VERSUS EUR 34.0
MILLION
YEAR AGO
    * AS OF MARCH 31, 2020, LCR LIQUIDITY RATIO WAS 108.8% FOR A
REGULATORY MINIMUM OF 100%
    * AS OF DECEMBER 31, 2019, CET1 RATIO REACHES 21.9% FOR A
REGULATORY MINIMUM OF 10.74%
    * END-MARCH CONSOLIDATED EQUITY IS 3.18 BILLION EUR AND
REPRESENTS
13.1% OF BALANCE SHEET OF 24.22 BILLION EUR

Source text: https://bit.ly/35l4Hfj
Further company coverage:  CALCi.PA 

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