Crédit Agricole

Q4: miss on insurance, opex; FY 23 well on track towards 2025 targets

09/02/24 -"CASA posted mixed results in Q4, shadowing slightly the good FY 23 performance. The miss was driven by insurance and IRB, as well as opex inflation, all more than offset by the lower cost of risk ..."

PDF page sample
Pages
76
Language
English
Published on
09/02/24
Download
You may also be interested by these reports :
10/02/26
The group released fourth-quarter results largely in line with our expectations at an underlying level. The management fine tuned its 2026 guidance ...
09/02/26
The release of the group’s Q4 results allowed the management to disclose upbeat plans for the next five years, targeting a 25% RoTE driven by ...
06/02/26
We have updated our outdated earnings projections following the release of the group’s Q4 results. We have also added 2028 to our forecasts. As ...
06/02/26
The release of the fourth quarter results has been poorly received. Not only were the results fully in line with expectations, but the fine-tuned ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO