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Global 500

Courtesy of Crédit Agricole

77

Crédit Agricole

CRARY

France

Like many other European banks, France-based Crédit Agricole was determined in 2015 to convince investors that it could withstand another downturn, or even thrive in an environment where central banks are keeping a lid on interest rates and therefore bank profits. In February, the bank announced a restructuring whereby it sold back the 25% stake it held in the group’s regional lenders in order to increase the firm’s capital cushion to 13.7%, a move which investors cheered, sending shares up 11% the day of the announcement.

CEO

Philippe Brassac

Sector

Financials

Industry

Banks: Commercial and Savings

HQ Location

Paris, France

Employees

71,499

Years on Global 500 List

22

Figures prepared in accordance with International Accounting Standards.
Key Financials (last fiscal year)
($ Millions)% change
Revenues ($M)$84,099-20.8%
Profits ($M)$3,90025.6%
Assets ($M)$1,661,119
Total Stockholder Equity ($M)$58,452
Profit Ratios
Profit as % of Revenues4.6%
Profits as % of Assets0.2%
Profits as % of Stockholder Equity6.7%
STOCK QUOTE
()0.00 0.00 (0)
  • Previous Close:
  • Market Cap: NaNB
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  • 52 Week Change %: 0.00
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