Credit Agricole: I Remain At Hold After Q2 2025

2025-10-01 11:34:29 ET

Credit Agricole ( CRARF ) has been one of several successful EU banking investments that I have made for the past several years. Like with many of them, I have started selling off and divesting the profitable positions in it. Many of my banking holdings, especially the swedish ones and Scandinavian ones, were up over 40-50% when I sold them off. The only Scandinavian bank that I still retain in my portfolio is Nordea (NRDBY), and frankly, the way that the company has now moved toward a €14.2/share, the time has come to consider rotating this bank as well, as this represents an over 10x P/E and a yield that's dropping to below 6.65%....

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