Credit Agricole SA (OTCPK:CRARF)
$ 12.98 0.02 (0.15%) Market Cap: 40.54 Bil Enterprise Value: -253.52 Bil PE Ratio: 6.39 PB Ratio: 0.52 GF Score: 75/100

Q3 2020 Credit Agricole SA Earnings Call Transcript

Nov 04, 2020 / 01:30PM GMT
Release Date Price: $8.67 (+13.95%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the results of the third quarter and the first 9 months of 2020 call. (Operator Instructions) I must advise you that this call is being recorded today, Wednesday, the 4th of November 2020.

I would now like to hand the call over to your first speaker today. Please go ahead.

Jerome Grivet;dit Agricole S.A.;Deputy GM;CFO
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Good afternoon to every one of you. I'll try to make a very quick presentation, especially today because I imagine that some of you may have in mind some other topics and other worries than simply our results.

So let me start directly on Page 4 of the presentation where you have the main figures in terms of profitability for the group. I just want to make a few comments on this page. First, keep in mind that from a macroeconomic point of view but also from a group point of view, the third quarter of this year was earmarked with a very significant rebound in the level of activity. And what we show on this

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