Credit Agricole SA

Credit Agricole SA maintains a capital structure characterized by high leverage typical of the banking industry, with total liabilities of €2,296.6 billion against total equity of €77.7 billion. The debt-to-equity ratio stands at 5.68, reflecting the asset-liability management model inherent to commercial banking. Liquidity is assessed as medium risk, with operating cash flow of €19.0 billion supporting a free cash flow of €8.3 billion after capital expenditures of €1.1 billion. The balance sheet shows negative net cash after subtracting total debt, a standard condition for leveraged financial institutions.

Profitability metrics indicate a return on equity of 9.11% and a return on assets of 0.30%. The company generated net income of €7.1 billion on revenue of €15.3 billion. Valuation multiples suggest the market prices the equity at a discount to book value, with a price-to-book ratio of 0.66 and a price-to-earnings ratio of 7.23. These ratios imply that the market assigns a conservative valuation to the bank's earnings power and asset base relative to its book value.

Revenue concentration and geographic exposure details are not provided in the available data. The analysis relies on aggregate financial figures without segment-specific breakdowns. Consequently, specific insights into revenue mix by business line or regional contribution cannot be derived from the current input.

Growth trajectory analysis is limited by the absence of historical period data. Without five-year annual or eight-quarter quarterly revenue and net income trends, the direction and velocity of top-line and bottom-line growth cannot be quantified. The current snapshot provides a static view of financial performance without temporal context for trend reasoning.

Risk assessment highlights medium liquidity risk and low dilution risk. A key flag notes that net cash is negative after subtracting total debt, which is consistent with the high debt-to-equity ratio of 5.68. The low dilution risk suggests that share count stability is maintained, with basic and diluted shares outstanding both at 3.02 billion.

Recent events and market sentiment are reflected in analyst estimates, with a mean price target of €20.62 and a median target of €20.00. The mean recommendation is 2.56, indicating a neutral-to-positive outlook, with three strong-buy and six buy ratings against five holds. The high price target of €26.00 and low of €17.00 suggest a wide dispersion in analyst expectations.

There are no material changes to report for Credit Agricole SA (CAGR.PA) in the current analysis period. A review of 17 fields confirmed that the company’s profile remains stable compared to prior assessments, with no significant shifts in operational or financial metrics identified. Market activity surrounding the stock has been notably quiet. Over the 30-day window ending July 17, 2026, news dispatches were virtually non-existent, with only a single dispatch recorded on July 2, 2026. This lack of volume suggests a period of low market attention or absence of newsworthy events for the bank. The company’s structural footprint remains consistent, with Credit Agricole SA maintaining membership in one index. Analyst coverage is present, with four analysts tracking the stock, though specific data regarding top holders and officer counts is currently unavailable in the dataset. Given the absence of material changes, watcher signals, or significant news flow, there is no new catalyst to drive immediate reassessment of the stock’s outlook. Investors should continue to monitor for future developments, as the current data indicates a static environment for Credit Agricole SA.

Revenue grew 6.0% annually over four years, reaching EUR 15.3 billion in FY2026, demonstrating consistent top-line expansion.

Net income CAGR of 4.9% over four years indicates steady profitability growth despite recent year-over-year stagnation.

Return on equity of 9.1% significantly exceeds the 6.2% median for the broader banking cohort.

The stock trades at a 0.66 price-to-book ratio, suggesting a valuation discount relative to tangible book value.

Analysts project 22% upside to a mean price target of EUR 20.62 from the current EUR 16.90.

Net income declined 0.2% year-over-year in FY2026, signaling a potential plateau in profitability growth.

Free cash flow dropped 0.9% year-over-year in FY2026, indicating weakening cash generation capabilities.

Long-term debt surged to EUR 441 billion in FY2026, reflecting a substantial increase in leverage.

Debt-to-equity ratio of 5.68 places the company in the bottom quartile of its banking cohort.

Return on assets of 0.3% remains extremely low, highlighting inefficient utilization of the asset base.

Net income +1,8% YoY.

• ▍Net income +1,8% YoY

Net income −11,6% YoY.

• ▍Net income −11,6% YoY

Revenue €15.31B, +7,1% YoY; Net income −0,2% YoY.

• ▍Revenue €15.31B, +7,1% YoY
• ▍Net income −0,2% YoY
• ▍Free cash flow −0,9% YoY
• ▍Net margin 46.2%

Revenue €14.30B, +0,4% YoY; Net income +11,6% YoY.

• ▍Revenue €14.30B, +0,4% YoY
• ▍Net income +11,6% YoY
• ▍Free cash flow +87,3% YoY
• ▍Net margin 49.6%

Revenue €14.24B, +9,2% YoY; Net income +19,6% YoY.

• ▍Revenue €14.24B, +9,2% YoY
• ▍Net income +19,6% YoY
• ▍Free cash flow −38,5% YoY
• ▍Net margin 44.6%

Revenue €13.05B, +7,6% YoY; Net income −9,2% YoY.

• ▍Revenue €13.05B, +7,6% YoY
• ▍Net income −9,2% YoY
• ▍Free cash flow +6,9% YoY
• ▍Net margin 40.7%

Revenue €12.12B; Net margin 48.2%.

• ▍Revenue €12.12B
• ▍Net margin 48.2%