Credit Agricole SA Reports Record Revenue in Q1 2025
Credit Agricole SA has released its Q1 2025 earnings, revealing a record revenue despite increased taxation and competitive market pressures.
The company’s revenue growth has been driven by strategic expansions. Key contributors to revenue growth include:
- Strategic business developments
- Expansion into new markets
However, higher-than-expected costs and a French tax bill have weighed on profit.
Notable Developments
Credit Agricole has announced the full redemption of its outstanding principal amount of GBP Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes issued in 2014.
Governance Structure
The company’s governance structure is undergoing changes, with Olivier Gavalda set to take over as CEO on May 14, 2025.