Credit Agricole SA (OTCPK:CRARF)
$ 12.98 0 (0%) Market Cap: 40.06 Bil Enterprise Value: -254.00 Bil PE Ratio: 6.39 PB Ratio: 0.52 GF Score: 75/100
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Q1 2022 Credit Agricole SA Earnings Call Transcript

May 05, 2022 / 12:30PM GMT
Release Date Price: $10.78 (-4.77%)
Operator

Good day, and thank you for standing by. Welcome to the Credit Agricole First Quarter 2020 Results Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. (Operator Instructions)

I would now like to hand the conference over to your speaker today, Jerome Grivet, CFO. Please go ahead.

Jerome Grivet;dit Agricole S.A.;Deputy GM;Head of Steering Division
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Good afternoon, everyone. I'm happy to present this Q1 results for Credit Agricole S.A. and the group. Let me start directly with Page 4 on the presentation. Well, you can see that the net profit that we published for the group globally comes in at EUR 1.3 billion in the stated, I would say, format. And the underlying net income group share is at EUR 1.5 billion. Difference this year between stated and underlying figure is mainly explained by a specific provision that we've taken on Ukraine, but I'll go back on this later on.

On the following page for CASA's figures, what you can see is that

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