Credit Agricole Sa · EURONEXT:ACA
Credit Agricole Sa — Q2 2025 Earnings Presentation
19 slides from Credit Agricole Sa's earnings presentation, Jul 31, 2025
Slide 1: Results for the 2nd Quarter and 1st Half of 2025
RESULTS FOR THE 2ND QUARTER AND 1ST HALF OF 2025
Slide 2: Working every day in the interest of our customers and society
Working every day in the interest of our customers and society Olivier Gavalda RESULTS FOR THE 2ND QUARTER AND 1ST HALF 2025 2 2ND QUARTER AND 1ST HALF 2025 RESULTS
Slide 3: Strong growth momentum
STRONG GROWTH MOMENTUM CRÉDIT AGRICOLE GROUP CRÉDIT AGRICOLE S.A. +5.1% AAGR 7.0 6.7 6.8 Revenues Revenues 6.3 2ND QUARTER €9.8bn €7.0bn 5.8 2025 +3.2% Q2/Q2 +3.1% Q2/Q2 5.2 5.1 4.9 4.7 Revenues Revenues 1ST HALF €19.9bn €14.3bn 2025 +4.3% H1/H1 +4.9% H1/H1 Q2-17 Q2-18 Q2-19 Q2-20 Q2-21 Q2-22 Q2-23
Slide 4: The group is accelerating its development
THE GROUP IS ACCELERATING ITS DEVELOPMENT ■ Strong activity in all business lines… Customer capture in France, Retail banking loans Assets under management Change in the equipment rate Italy and Poland outstanding Wealth management, life insurance, for Property and Casualty France and Italy asset ma
Slide 5: A controlled management framework
A CONTROLLED MANAGEMENT FRAMEWORK ■ Level of capital ■ Liquidity profile CRÉDIT AGRICOLE GROUP CRÉDIT AGRICOLE S.A. CRÉDIT AGRICOLE GROUP Phased-in CET1 Phased-in CET1 Liquidity reserves Customer deposits LCR ratio 17.6% 11.9% €471bn €1,147bn 137% +7.7 pp vs SREP requirement +3.2 pp vs SREP requirem
Slide 6: Strong results and high profitability
STRONG RESULTS AND HIGH PROFITABILITY CRÉDIT AGRICOLE GROUP CRÉDIT AGRICOLE S.A. Net income Group share Net income Group share 2ND QUARTER €2.6bn €2.4bn 2025 +30.1% Q2/Q2 +30.7% Q2/Q2 +14.8% Q2/Q2(1) +14.1% Q2/Q2(1) CRÉDIT AGRICOLE S.A. Net income Group share Net income Group share ROTE 1ST HALF €4.
Slide 7: Helping the economy and European sovereignty
HELPING THE ECONOMY AND EUROPEAN SOVEREIGNTY ■ #1 Provider of financing to the French economy ■ Supporting the energy transition Retail banking loans Home loans outstanding Financing the outstanding in France in France environmental transition €823bn €500bn €111bn +1.4% June/June Market share 32.8%(
Slide 8: Working every day in the interest of our customers and society
Working every day in the interest of our customers and society Clotilde L’Angevin RESULTS FOR THE 2ND QUARTER AND 1ST HALF 2025 8 2ND QUARTER AND 1ST HALF 2025 RESULTS
Slide 9: Strong activity in all business lines
STRONG ACTIVITY IN ALL BUSINESS LINES Change June 25/June 24 New customers Q2-25 +493,000 Loans • Retail Banking in France: confirmation of the upturn in lending from outstanding France (RB + LCL): 823 (+1.4%) Italy: 62 (+1.6%) the low point in early 2024 (+28% for housing; +12% for corporates retai
Slide 10: Marked rise in net income
CRÉDIT AGRICOLE GROUP MARKED RISE IN NET INCOME Change in net income Group share by P&L line Q2/Q2 (€m) Gross operating Cost of 27 pb income risk/outstandings Stable Q2/Q1 NPL ratio 2.1% +314 2,638 Stable Q2/Q1 +301 +147 +32 2,028 (184) Loans loss Amundi US reserves €21.6bn deconsolidation (1) Cover
Slide 11: High revenues and growing
CRÉDIT AGRICOLE S.A. HIGH REVENUES AND GROWING Q2/Q2 change in revenues, by business line (€m) Q2 revenues (€bn) +3.1% +€210m +216 7,006 6,796 +26 +1 +5.1% AAGR (9) (23) 7.0 6.7 6.8 BBPM: +€109m, 6.3 mainly due to an 5.8 increase in dividends received 5.2 5.1 4.9 4.7 Q2-24 Asset gathering Large cust
Slide 12: Expenses under control, low cost/income ratio at 53.9% (H1)
CRÉDIT AGRICOLE S.A. EXPENSES UNDER CONTROL, LOW COST/INCOME RATIO AT 53.9% (H1) Q2/Q2 change in expenses, by business line (€m) Breakdown by nature of costs (€m) +2.2% +€80m 3,700 3,621 +51 +53 +10 (4) (29) Q2-24 Asset gathering Large customers SFS Retail banking Corporate centre Q2-25 Continuation
Slide 13: Net income record level
CRÉDIT AGRICOLE S.A. NET INCOME RECORD LEVEL Change in net income Group share by P&L line (€m) ROTE 16.6% H1-2025 Increase in GOI +285 2,390 +164 +210 Cost of 34 pb 1,828 (80) (18) risk/outstandings Stable Q2/Q1 NPL ratio 2.3% Stable Q2/Q1 Loans loss reserves €9.4bn Q2-24 Revenues Operating Cost of
Slide 14: 2nd Quarter and 1st Half 2025 Results
14 2ND QUARTER AND 1ST HALF 2025 RESULTS
Slide 15: Key figures
KEY FIGURES CRÉDIT AGRICOLE GROUP CRÉDIT AGRICOLE S.A. 1ST HALF 2025 2ND QUARTER 2025 1ST HALF 2025 2ND QUARTER 2025 Revenues €19,856m €9,808m Revenues €14,263m €7,006m +4.3% H1/H1 +3.2% Q2/Q2 +4.9% H1/H1 +3.1% Q2/Q2 Gross operating €7,992m €3,936m Gross operating €6,571m €3,306m income +3.0% H1/H1
Slide 16: Retail banking
RETAIL BANKING Regional Banks LCL Italy Egypt, Poland, Ukraine • Customer capture: +285k new • Customer capture: +68k new • Customer capture: +54k new • Loan outstandings: +6.6% customers during the quarter customers during the quarter customers during the quarter June/June(3) • Loan outstandings: u
Slide 17: Asset gathering
ASSET GATHERING Insurance Asset management Wealth management(2) • High premium income at €12.7bn (+18% Q2/Q2) • Initial integration of Victory Capital: AuM of the • Assets under management up at €214bn (+4.5% US activities at €94bn at the end of June (of which June/June); steady production for struc
Slide 18: Large customers
LARGE CUSTOMERS Corporate and investment banking Asset servicing • Capital markets and investment banking: -2.7% Q2/Q2 (+3% excluding non- • Assets under custody up over the quarter and the year, benefiting from recurring items and exchange rate effect) with a high level of revenues driven favourabl
Slide 19: Specialised financial services
SPECIALISED FINANCIAL SERVICES Personal Finance and Mobility Leasing and factoring • Production: +2.4 Q2/Q2 to €12.4bn (+12.4% Q2/Q1), rise driven by consumer • Lease financing: production down (-19.4% Q2/Q2), mainly in France in an finance; automotive activity stable in what is still a complex mark