Strong activity, accelerating the AI transformation
Strong quarterly results and high profitability
- Strong revenue growth (+7.7%) driven by all business lines, record high
- Positive jaws +3.1 pp and sharp rise in gross operating income (+11.4%)
- Cost of risk under control (Crédit Agricole Group: 30 basis points on outstandings; Crédit Agricole S.A.: 38 basis points on outstandings)
- High profitability with a return on tangible equity of 14.3%
Strong activity in all business lines
- 580k new customers
- Strong loan production across all regions, in France both home and corporate loans; upturn in home loans in Italy; high personal finance and mobility loan production; ongoing adverse conditions in the automotive market impacting used vehicle sales
- Highly dynamic activity in the savings and insurance business lines
- Corporate and investment banking buoyed by very strong Equity market performance with Asset servicing benefiting from market volatility
Continuation of strategic development operations
- Success of the CA Savings launch phase
- Integration of Milleis by LCL and Crédit Agricole Assurances
- Agreement with a view to a long-term partnership between Crédit Agricole S.A. and BCC-Grupo Cajamar
- Stake in Banco BPM increased to 29.3%
Launch of Crédit Agricole Group's AI Industrial Platform
High solvency ratios
- CET1 of 17.2% for Crédit Agricole Group and 11.3% for Crédit Agricole S.A.
2026 interim dividend: €0.57 paid in cash on 15 October
Eric Vial, Chairman of SAS Rue La Boétie and Chairman of the Crédit Agricole S.A. Board of Directors “Crédit Agricole is publishing high results this quarter, with a very dynamic activity across all business lines and retail banking networks. These results demonstrate the strength and relevance of its diversified universal banking model. In the face of unprecedented wildfires affecting France, Crédit Agricole is mobilizing: deployment of initial exceptional measures in support of customers affected by the fires and creation of a €2 million emergency fund to support emergency services during this crisis.”
Olivier Gavalda, Chief Executive Officer of Crédit Agricole S.A.“Crédit Agricole is publishing high operational performances this quarter and accelerating its transformation. With €500 million invested over three years and the creation of Crédit Agricole Artificial Intelligence, the Group is choosing to deploy AI at scale while maintaining control of its technologies and prioritizing European solutions.”
[1] Change in Net income Group share restated for the impact of the capital gain related to the deconsolidation of Amundi US in Q2-25
