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France's largest retail banking group (cooperative roots) with insurance, asset management and corporate/investment banking arms.
France's largest retail banking group (cooperative roots) with insurance, asset management and corporate/investment banking arms.
Listed arm of a cooperative group: the regional banks own the majority through a holding company, and the listed company holds retail bank LCL, Amundi, the insurance arm and the investment bank. Earnings come from several lines at once, interest margin, insurance premiums and asset-management fees, rather than from one.
In one line: A French Wells Fargo with mutual/co-op ownership roots.
Moat: narrow (scale, distribution, customer relationships). Dense rural/regional branch network and cooperative ownership give sticky deposit funding.
Headquarters: Montrouge, France · Founded: 1894 · Employees: 83,045
Size Credit Agricole (ACA.PA) is a France Financials company (Regional Banks) with a market value of $53.7B, the 16th largest of 206 France companies the cockpit tracks. Shares closed at €15.84 on 6 Nov 2026.
Performance Over six months the shares fell 7.8%, against +8.0% for the median peer and -0.4% for the France market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue fell 0.9% over the last twelve months (peer median +3.8%); the operating margin is 18.3% (peer median 33.7%).
Valuation It trades at 0.68× book value against a peer median of 1.29× (4th cheapest of 21).
Price implies The share price implies a return on equity of about 8.1%; Credit Agricole delivers 8.9%, so the price asks less than the business earns today.
Credit Credit Agricole has 196 bonds outstanding ($151B), rated A- by the agencies and trading like A- at a weighted spread of 105 bp.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €97.4B | €100B | €105B | €97.6B | €45.5B |
| Revenue growth | — | -5% | +7% | +114% | — |
| Net income | €6.12B | €6.60B | €6.36B | €5.89B | €4.89B |
| Free cash flow | n/a | €47.4B | €40.6B | €21.0B | -€27.7B |
| Capital expenditure | €0 | €1.12B | €1.07B | €885M | €1.04B |
| Total debt | n/a | €681B | €643B | €605B | €614B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Credit Agricole ACA.PA | $53.7B | -8% | -1% | 9% | 0.68× | 8.1% |
| BNP Paribas BNP.PA | $114B | 0% | +8% | 11% | 0.84× | 10.4% |
| Societe Generale GLE.PA | $52.0B | -5% | +9% | 9% | 0.78× | 10.0% |
| UniCredit UCG.MI | $130B | +6% | +2% | 17% | 1.77× | 25.8% |
| Banco Santander SAN.MC | $174B | +4% | +15% | 13% | 1.40× | 17.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ACA.PA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.3% | +1.4% | 6th lowest of 21 |
| 6-month return | -7.8% | +8.0% | 2nd lowest of 21 |
| Return on equity | 8.9% | 10.8% | 5th lowest of 21 |
| Price / book | 0.68× | 1.29× | 4th cheapest of 21 |
| Trailing P/E | 7.6× | 12.7× | 6th cheapest of 20 |
| ROE the price implies | 8.1% | 9.3% | 7th least demanding of 21 |
| ROE delivered | 8.9% | 11.0% | 5th lowest of 20 |
| Bond spread | 105 bp | 86 bp | widest of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Credit Agricole ACA.PA | France | $53.7B | -8% | -1% | 9% | 0.68× | 8.1% | 8.9% |
| Shanghai Pudong Development Bank 600000.SS | China | $50.1B | +8% | -3% | 6% | 0.40× | 2.0% | 6.1% |
| Nu Holdings Ltd. Class A NU | United States | $58.1B | -13% | +54% | 32% | 4.39× | 32.4% | 31.6% |
| Truist Financial TFC | United States | $59.2B | +1% | -5% | 8% | 1.06× | 9.6% | 8.2% |
| Fifth Third Bancorp FITB | United States | $47.9B | +8% | +15% | 9% | 1.55× | 13.6% | 9.4% |
| Commerzbank CBK.DE | Germany | $46.3B | +4% | -3% | 10% | 1.36× | 10.3% | 10.3% |
| Industrial Bank 601166.SS | China | $62.6B | +10% | -4% | 9% | 0.49× | 2.2% | 9.2% |
| Japan Post Bank 7182.T | Japan | $65.5B | +7% | +39% | 7% | 1.11× | 8.3% | 6.6% |
| Ctbc Financial 2891.TW | Taiwan | $43.7B | +37% | +9% | 15% | 2.06× | 8.9% | 14.7% |
| Postal Savings Bank of China 601658.SS | China | $69.7B | +9% | -2% | 9% | 0.62× | 2.7% | 8.7% |
| Banca Monte dei Paschi di Siena BMPS.MI | Italy | $38.4B | +19% | +55% | 16% | 1.30× | 13.9% | 15.5% |
| KBFinancialGroup 105560.KS | South Korea | $37.5B | -5% | +32% | 10% | 0.99× | 5.6% | n/a |
| Bank of Jiangsu 600919.SS | China | $35.1B | +13% | +5% | 13% | 0.83× | 2.9% | 12.8% |
| Bank of Ningbo 002142.SZ | China | $34.0B | +3% | +3% | 13% | 0.92× | 7.0% | 13.3% |
| M&T Bank MTB | United States | $31.4B | +3% | 0% | 11% | 1.24× | 9.3% | 10.6% |
| CaixaBank CABK.MC | Spain | $91.9B | +7% | -2% | 16% | 2.05× | 13.3% | 16.5% |
| Resona 8308.T | Japan | $30.8B | +9% | +17% | 9% | 1.57× | 8.7% | 9.3% |
| State Bank of India SBIN.NS | India | $99.5B | -7% | +6% | 15% | 1.40× | 20.7% | 14.6% |
| Canadian Imperial Bank of Commerce CM.TO | Canada | $105B | +8% | 0% | 16% | 2.50× | 20.1% | 15.6% |
| First Citizens BancShares FCNCA | United States | $25.2B | +16% | 0% | 11% | 1.29× | 9.3% | 11.0% |
| Grupo Cibest S.A. Unsponsored ADR Pfd CIB | United States | $24.7B | +42% | +7% | 19% | 1.97× | 14.4% | 18.9% |
Credit Agricole has 196 bonds outstanding with $151B face value. The agencies rate it A-; its bonds trade like A-. Weighted yield 4.50%, a spread of 105 bp over government bonds.