Credit Agricole S A : Press conference presentation - First quarter 2023
May 10, 2023 at 06:17 am
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WORKING EVERY DAY IN THE INTEREST OF OUR CUSTOMERS AND SOCIETY
2023 FIRST QUARTER
RESULTS
Working every day in the interest of
our customers and society
Philippe Brassac
2023 FIRST QUARTER RESULTS
Crédit Agricole is a "multi-universal" bank: active in all types of markets, in all regions, serving the greatest number of people, and organised to provide a global response to its customers' needs under a long-term relationship.
Our naturally hyper-inclusive model allows us to regularly present excellent commercial and financial results, as it is the case again this quarter. These results bear witness to our commercial utility, to the extreme diversification of our model, and of course to the remarkable commitment of all our teams. »
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2023 FIRST QUARTER RESULTS
EXCELLENT RESULTS FOR THE UNIVERSAL BANKING MODEL
Crédit Agricole S.A.
Net income Group share
Crédit Agricole Group
Net income Group share
Q1 2023
Q1 2023
Reported
Underlying
Créditédit AgricoleAgricoleS.AS. RoTE.A.
€1,226m
€1,249m
>14%
2.1
+61.1% Q1/Q1
x Q1/Q1
ROTE
Underlying 3M-23
€1,669m €1,692m
+23.6% Q1/Q1+12.6% Q1/Q1
CréditCréditAgricoleole SS.A..A.
11.6%
Solvency
(Phased-in CET1)
Crédit Agricole Group
17.6%
Solvency
(Phased-in CET1)
CRÉDIT AGRICOLE GROUP
A NATURALLY INCLUSIVE MODEL WITH POTENTIAL FOR CONSTANT DEVELOPMENT
29,7%
29,5%
27,4%
22,2%
18,5%
14,7%
6,5%
2,6%
+555,000
new customers in Q1-23
RB : 43% (+0.5 pp Q1/Q1)
LCL: 27% (+0.9 pp Q1/Q1)
Increase in the equipment rate for property and casualty insurance
+15.8%
+€2.4bn
+20.9%
Consumer finance
Record unit-linked inflows
Underlying revenues
production
in Insurance
CIB Q1/Q1
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2023 FIRST QUARTER RESULTS
CRÉDIT AGRICOLE S.A.
REVENUES AT AN ALL-TIME HIGH, UP +10.4%
+10.4%
6 153
Asset gathering
Large customers
and insurance
5 508
5 575
5 137
Stated
revenues
4 900
4 903
Q1 23
4 779
Specialized
Retail banking
financial services
T1-17
T1-18
T1-19
T1-20
T1-21
T1-22
T1-23
Increase in underlying revenues per quarter since 2017 in €m(1)
1. Underlying revenues under IFRS 4 from 2017 to 2021; Q1-22 and Q1-23 IFRS 17
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2023 FIRST QUARTER RESULTS
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Crédit Agricole SA published this content on 10 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2023 05:15:53 UTC.
Crédit Agricole S.A. is one of the leading European banking groups and is the leading financial backer of the French economy. Net Banking Product breaks down by activity as follows:
- retail banking (30.1%): activities in France (Crédit Lyonnais) and abroad. Furthermore, the group is present in France via its 39 regional networks of branches (making it the biggest French banking network);
- finance, investment and market banking (30.1%): standard and specialized bank financing activities (financing for acquisitions, projects, aeronautical and maritime assets, etc.), stock operations, consulting in mergers and acquisitions, investment capital, etc.;
- asset management, insurance and private banking (25.9%);
- specialized financial services (13.9%): consumer loan, leasing and factoring (No. 1 in France).
At the end of 2023, Crédit Agricole S.A. managed EUR 835 billion in current deposits and EUR 516.3 billion in current credits.
NBP is distributed geographically as follows: France (46%), Italy (20%), European Union (14.3%), Europe (7.2%), North America (6%), Japan (1.3%), Asia and Oceania (3 .5%), Africa and Middle East (1.3%), Central America and South America (0.4%).
CRÉDIT AGRICOLE S.A. 
