Credit Agricole's Messy Print Overshadows Decent Top Line -- Market Talk

Dow Jones

Feb 04

0810 GMT - Credit Agricole SA reported heavier-than-expected costs and provisions that dragged its bottom line, J.P. Morgan says in a research note after the French bank's fourth-quarter results. "Looking at the divisional trends, top line performance was solid in all retail divisions and in asset gathering, but costs were higher in Italy and insurance," analysts write. The group booked a 41 million-euro provision for its exposure to a car-loan probe in the U.K. and set 30 million euros aside for the revamp of Banca Progetto in Italy. The slightly higher provisioning in its French retail business is a bit negative, though the solid top line in this division reads positively for its French peers, they note. Shares fall 4% at market open. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

February 04, 2026 03:11 ET (08:11 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2608081355"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2608081355\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2608081355?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-04 16:11","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2608081355","market":"hk","top_or_hot":-1,"title":"Credit Agricole's Messy Print Overshadows Decent Top Line -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0810 GMT - <a href=\"https://laohu8.com/S/CRARF\">Credit Agricole SA</a> reported heavier-than-expected costs and provisions that dragged its bottom line, J.P. Morgan says in a research note after the French bank's fourth-quarter results. \"Looking at the divisional trends, top line performance was solid in all retail divisions and in asset gathering, but costs were higher in Italy and insurance,\" analysts write. The group booked a 41 million-euro provision for its exposure to a car-loan probe in the U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. and set 30 million euros aside for the revamp of Banca Progetto in Italy. The slightly higher provisioning in its French retail business is a bit negative, though the solid top line in this division reads positively for its French peers, they note. Shares fall 4% at market open. (elena.vardon@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 04, 2026 03:11 ET (08:11 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Credit Agricole's Messy Print Overshadows Decent Top Line -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Agricole's Messy Print Overshadows Decent Top Line -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-04 16:11</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0810 GMT - <a href=\"https://laohu8.com/S/CRARF\">Credit Agricole SA</a> reported heavier-than-expected costs and provisions that dragged its bottom line, J.P. Morgan says in a research note after the French bank's fourth-quarter results. \"Looking at the divisional trends, top line performance was solid in all retail divisions and in asset gathering, but costs were higher in Italy and insurance,\" analysts write. The group booked a 41 million-euro provision for its exposure to a car-loan probe in the U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. and set 30 million euros aside for the revamp of Banca Progetto in Italy. The slightly higher provisioning in its French retail business is a bit negative, though the solid top line in this division reads positively for its French peers, they note. Shares fall 4% at market open. (elena.vardon@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 04, 2026 03:11 ET (08:11 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4207","symbol_name":"综合性银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2608081355","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2608081355","pubTimestamp":1770192660,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0810 GMT - Credit Agricole SA reported heavier-than-expected costs and provisions that dragged its bottom line, J.P. Morgan says in a research note after the French bank's fourth-quarter results. \"Looking at the divisional trends, top line performance was solid in all retail divisions and in asset gathering, but costs were higher in Italy and insurance,\" analysts write. The group booked a 41 million-euro provision for its exposure to a car-loan probe in the U.K. and set 30 million euros aside for the revamp of Banca Progetto in Italy. The slightly higher provisioning in its French retail business is a bit negative, though the solid top line in this division reads positively for its French peers, they note. Shares fall 4% at market open. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4207":"综合性银行","CRARY":"Credit Agricole SA"},"translate_title":"法国农业信贷银行凌乱的印刷掩盖了不错的营收——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRARY":0.9},"content_text":"0810 GMT - Credit Agricole SA reported heavier-than-expected costs and provisions that dragged its bottom line, J.P. Morgan says in a research note after the French bank's fourth-quarter results. \"Looking at the divisional trends, top line performance was solid in all retail divisions and in asset gathering, but costs were higher in Italy and insurance,\" analysts write. The group booked a 41 million-euro provision for its exposure to a car-loan probe in the U.K. and set 30 million euros aside for the revamp of Banca Progetto in Italy. The slightly higher provisioning in its French retail business is a bit negative, though the solid top line in this division reads positively for its French peers, they note. Shares fall 4% at market open. (elena.vardon@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 04, 2026 03:11 ET (08:11 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}