Crédit Agricole (OTCMKTS:CRARY) Releases Earnings Results

Crédit Agricole (OTCMKTS:CRARY) issued its earnings results on Thursday. The company reported $0.31 earnings per share (EPS) for the quarter, reports. Crédit Agricole had a return on equity of 7.46% and a net margin of 23.85%. The company had revenue of $7.32 billion for the quarter.

Crédit Agricole Trading Down 4.4 %

OTCMKTS CRARY opened at $7.13 on Friday. The firm has a market capitalization of $43.15 billion, a P/E ratio of 6.54 and a beta of 1.47. The business has a fifty day simple moving average of $7.39 and a 200 day simple moving average of $7.36. Crédit Agricole has a 12 month low of $5.82 and a 12 month high of $8.65. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 6.02.

Crédit Agricole Increases Dividend

The business also recently declared a dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, May 28th were given a $0.5657 dividend. This is a positive change from Crédit Agricole’s previous dividend of $0.43. The ex-dividend date was Friday, May 24th. Crédit Agricole’s dividend payout ratio is presently 33.94%.

Analysts Set New Price Targets

Separately, Barclays upgraded Crédit Agricole to a “hold” rating in a report on Thursday, July 11th.

About Crédit Agricole

Crédit Agricole SA provides retail, corporate, insurance, and investment banking products and services in France and internationally. It operates through French Retail Banking Regional Banks; French Retail Banking – LCL; International Retail Banking; Asset Gathering; Large Customers; and Specialised Financial Services segments.