Credit Agricole falls as costs, provisions weigh on 'messy' Q4 results

Credit Agricole SA

04/02/2026 08:13

** Shares in Credit Agricole CAGR.PA fall around 4%,after the France-based bank posted its Q4 results

** Credit Agricole reported a 39% dip year-on-year to its Q4 net profit

** "(The bank) reported clean profit before tax 10% below company consensus mainly driven by higher costs, provisions and weaker associate income", J.P. Morgan says

** The brokerage adds that overall the results were "messy" and higher costs and provisions overshadow otherwise "decent" revenues

** "We would expect limited changes to (EPS) estimates" conclude analysts

** Up to the previous session's close, shares were up 6.8%​ YTD

** Should the losses persist, the stock will see its worst day since end-October

 (Reporting by Mateusz Rabiega)

 ((Mateusz.rabiega@thomsonreuters.com))