CRARY News and Press, Credit Agricole SA ADR From 07/29/23

2023-07-29 10:40:00 ET Summary Worldline SA is a large French payment services provider. It is still digesting the acquisition of Ingenico. This weighs on the results, as the transaction and integration expenses remain relatively high. On a normalized basis, the earnings and f...

2023-07-13 19:00:12 ET Summary Investors are desperately in need of income today due to the rapidly-rising cost of living. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund invests in a portfolio of dividend-paying common stocks and fixed-income assets to generate a hi...

2023-07-02 02:02:00 ET Summary Credit Agricole’s ex-banking business has been a key source of resilience through the recent banking turbulence. But material headwinds at the retail bank are concerning as we enter a higher funding cost environment for EU banks. The curre...

2023-06-12 15:34:39 ET Summary Intesa is a quality bank in Italy with good fundamentals. It offers a sustainable high-dividend yield of 11%. Its shares are undervalued at just 0.8x book value. Intesa Sanpaolo ( OTCPK:ISNPY ) offers a high-dividend yield and i...

2023-05-04 16:15:09 ET Summary Societe Generale is one of the largest European banks with a business profile geared to retail and corporate banking. Its recent operating performance has been good, while its reported profit in 2022 was affected by its exit from Russia. A strong...

2023-03-30 09:44:41 ET Summary We outline 5 additional risks to consider. We see limited EU banking exposure toward the US. Solid margin of safety with a current dividend yield higher than 10%. There are positive MACRO and MICRO reasons to buy the French bank. Our target price...

Summary I retain a small position in the French bank Credit Agricole. I've held it for many years, missed some opportunities to sell, and am now looking at forecasts for 2023. Fundamentals for this bank are rock-solid - it's time to look at what we can expect, and whether the company's ...

Summary Lower exposure to Russia and solid balance sheet. Positive performance backed our thesis on NIM evolution and Italian optionality. Crédit Agricole reiterated its 2025 financial guidance and so did our valuation. In our last analysis , we explicitly said th...

Crédit Agricole S.A. (CRARF) Q4 2022 Earnings Conference Call February 9, 2023 09:00 AM ET Company Participants Philippe Brassac - Chief Executive Officer Jérôme Grivet - Deputy CEO Olivier Gavalda - Deputy CEO Conference Call Participants Ta...

Summary Banco BPM decided to sell 65% of its insurance business to Crédit Agricole and signs a 20-year agreement. Crédit Agricole Italy delivered a good Q3 and is gaining market share. Our buy case is still valid and so is our valuation. Following our previous analys...