HALISTER: Credit Agricole 4Q Net EU291M; Est. EU315M

Credit Agricole 4Q Net EU291M; Est. EU315M

(Bloomberg) -- Co. plans all-cash dividend of 60 cents per share for 2016.
  • Capital-markets revenue EU458m, down 5.1%
  • LCL French consumer-banking unit 4Q net EU136m, up 15%
  • LCL 4Q revenue EU863m vs EU874m year earlier
  • LCL 4Q operating expenses EU604m, down 3.5%
  • Co. books EU491m goodwill charge on LCL in 4Q
  • Credit Agricole Group’s CET1 at 14.5% end December
  • Pioneer purchase to cut Credit Agricole Group’s CET1 by 37bps
  • Credit Agricole to lower stake in Amundi to 70% as asset manager will carry out rights issue
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
4068781Z FP (Credit Agricole Groupe)
ACA FP (Credit Agricole SA)
AMUN FP (Amundi SA)

To de-activate this alert, click here

UUID: 7947283