Credit Agricole Sa (CRARF) Q1 2026 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Credit Agricole Sa.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:01.280 -- 00:00:04.365 Good afternoon. This is the conference operator. 00:00:04.365 -- 00:00:09.953 Welcome and thank you for joining the Credit Agricole's first quarter 2026 results conference 00:00:09.953 -- 00:00:14.259 call. As a reminder, all participants are in listen-only mode. 00:00:14.259 -- 00:00:19.347 After the presentation, there will be an opportunity to ask questions by pressing star 00:00:19.347 -- 00:00:23.754 and one on your telephone. Should anyone need assistance during the conference call, 00:00:23.754 -- 00:00:28.415 they may signal an operator by pressing star and zero on their telephone. 00:00:28.415 -- 00:00:31.558 At this time, I would like to turn the conference over to Ms. 00:00:31.558 -- 00:00:35.882 Clotilde Langevin, Deputy General Manager of Crédit Agricole. 00:00:35.882 -- 00:00:38.065 Please go ahead, Madam. 00:00:38.065 -- 00:00:41.268 Thank you. Thank you very much. Hello, everybody. 00:00:41.268 -- 00:00:47.294 I'm conscious that this is a very busy day for you, so I'm going to try to be short. 00:00:47.294 -- 00:00:52.900 And so starting on page four, to tell you that we have solid results 00:00:52.900 -- 00:00:56.223 this quarter for Trinidad-Cortez, 1.7 00:00:56.223 -- 00:00:59.077 billion, despite the turbulent environment. 00:00:59.077 -- 00:01:04.223 All of the Q1 2025 figures here are presented in pro forma. 00:01:04.223 -- 00:01:09.549 So for the Q1 2026, we don't change anything, but to compare it with the past, 00:01:09.549 -- 00:01:14.034 we consider that in the past, Banco BPM had been equity accounted at 20.1%. 00:01:14.034 -- 00:01:16.034 Now, 00:01:16.216 -- 00:01:21.099 net income therefore increased by 1.8% pro 00:01:22.924 -- 00:01:28.928 forma, thanks to an increase in revenues to $7 billion suppor...