Credit Agricole's mutualist structure (Regional Banks holding ~57% of CASA) provides funding stability and earnings smoothing across cycles. CIB has scaled into a top-five European corporate and investment bank with strong fixed income franchise. Amundi asset management and Indosuez wealth/insurance subsidiaries diversify earnings. Italian banking (acquired Creval and stake in BPM) is now strategic. Capital return target of 50%+ payout supports a clear total return thesis.
Thesis reviewed May 29, 2026
Credit Agricole SA is headquartered in France, which is currently showing elevated risk signals.
🇫🇷France74WATCHView France risk detail →🏦Financials100NEUTRAL| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| MELI | MercadoLibre | 90 | -14% | ↓95% | AVOID |
| VIV | Telefonica Brasil (Vivo) | 90 | +8% | ↓95% | ENTRY |
| UBS | UBS Group AG | 90 | +17% | ↓95% | ENTRY |
| CIB | Bancolombia S.A. | 90 | +9% | ↓95% | NEUTRAL |
| DB | Deutsche Bank AG | 90 | -13% | ↓95% | AVOID |
| SAN | Banco Santander SA | 90 | +16% | ↓95% | ENTRY |
| KB | KB Financial Group Inc. | 90 | +17% | ↓95% | ENTRY |
Investors who hold CRARY may also have indirect exposure through these country funds.
Credit Agricole increases BPM stake, positioning for full integration
CIB Q1 2026 fixed income revenues beat on rates volatility
Estimates · Yahoo Finance · Not audited figures