Brief: CRCAM Languedoc Q1 Consolidated Net Result Falls To 5.4 Million Euros

Caisse Regionale de Credit Agricole Mutuel du Languedoc

24/04/2020 16:52

April 24 (Reuters) - Caisse Regionale de Credit Agricole
Mutuel du Languedoc  CRLA.PA :
    * Q1 GROSS OPERATING INCOME EUR 54.9 MILLION VERSUS EUR 60.4
MILLION YEAR AGO
    * Q1 CONSOLIDATED NET RESULT EUR 5.4 MILLION VERSUS EUR 34.7
MILLION YEAR AGO
    * Q1 NET BANKING INCOME EUR 134.4 MILLION VERSUS EUR 139.0
MILLION
YEAR AGO
    * CET1 RATIO OF 21.5% AT DECEMBER 31, 2019
    * EXPECTS IMPACTS ON ITS REVENUES, COST OF RISK, EARNINGS
AND THE
VALUATION OF ITS INVESTMENTS AND HOLDINGS
    * HAS €3.9BN OF RAPIDLY MOBILIZABLE RESERVES AND ITS BASEL 3
LIQUIDITY RATIO COMPLIES WITH REQUIRED MINIMUM (100%)
    * PROPERTY AND PERSONAL INSURANCE PORTFOLIO HAS GROWN + 3.0%
COMPARED TO MARCH 2019

Source text for Eikon:  ID:nGNE2b4PyZ 
Further company coverage:  CRLA.PA 

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