Credit Agricole Group financial results for the third quarter and for the first 9 months of 2026

Sustained activity and accelerating development

The mobilisation of Crédit Agricole teams to assist struggling farmers, businesses and disaster victims illustrates the strength of our model. It’s a model that makes us a universal bank that acts in the interest of all our customers, across all regions and over the long term.

Our model is also what has enabled us to deliver strong results this quarter.

Sustained activity

During the quarter, 573,000 new customers joined the retail banks, including 429,000 in France, with new customers joining us over the first nine months of the year hitting 1.8 million.

Loan production in Retail Banking in France, Italy and Poland came to €36 billion, at a stable level compared with the third quarter of 2025.

The insurance business is dynamic, with overall premium income of €12 billion, an increase of +6% compared with the third quarter of 2025.

In asset management, Amundi’s net inflows reached a high of €46 billion, driven by medium/long-term assets, evenly split between institutional and retail customers.

Crédit Agricole CIB (corporate and investment banking) reaffirmed its very strong performance in fixed-income activities, structured equities and financing activities.

High revenues

Quarterly revenues continued to rise steadily and reached €7.1 billion for Crédit Agricole S.A., up +7.5% compared with the third quarter of 2025. For Crédit Agricole Group, they stood at €10.5 billion, up +10.7%.

Results driven by a sharp increase in GOI

Driven by the sharp increase in gross operating income compared with the third quarter of 2025, up 23.6% to €4.6 billion, the quarterly net income Group share for Crédit Agricole Group was €2.8 billion, up +23%*. For Crédit Agricole S.A., this figure was €2.0 billion, up +11%*, and gross operating income was €3.2 billion, up +14.6%.

A universal banking model that ensures strength

Crédit Agricole Group has the highest level of solvency among European systemically important banks. At 30 September, the Group’s phased-in Common Equity Tier 1 (CET1) ratio was 17.3%, i.e. 6.9 percentage points above regulatory requirements.

The Group’s liquidity reserves stood at €491 billion at 30 September, up +€16 billion compared with the end of June.

Diversified and granular customer deposits amounted to €1,192 billion at 30 September, an increase of +€16 billion compared with the end of June.

Moreover, as at 30 September 2026, risk indicators confirm the high quality of Crédit Agricole Group’s assets and risk coverage level.

A quarter driven by the acceleration of the Group’s developments

During the quarter, the Group continued on its strategic trajectory.

Growth in Europe accelerated with the launch of Crédit Agricole Deutschland, and the planned acquisition of IKB, a leading provider of financing for German SMEs.

The operational launch of Crédit Agricole Artificial Intelligence and the partnerships with Mistral and Prisme.ai will accelerate our transformation and contribute to the emergence of a high-performing European ecosystem that will boost our strategic autonomy.

With the creation of Crédit Agricole Capital Naturel, the Group is leveraging its expertise and regional presence to ally nature conservation with economic value creation.

Management comments

Éric Vial Chairman of Crédit Agricole S.A. and the Fédération nationale du Crédit Agricole, said:

«What is the purpose of our strengths? It is to be there when our clients need us most: farmers facing hardships, clients affected by fires, or professionals whose means of work have been damaged. Being present during difficult times and taking concrete action alongside our clients and the territories we serve: that is the true value of our universal, customer-focused model.»

Olivier Gavalda, Chief Executive Officer of Crédit Agricole S.A., added:

«We are reporting a strong operational performance this quarter and continuing the rollout of our ACT 2028 strategic plan. We are accelerating our expansion in Europe through the establishment of CA Deutschland and the planned acquisition of IKB, a key player in financing the German Mittelstand. With the creation of CA Capital Naturel, we are combining nature conservation with the generation of economic value, drawing on the Group’s expertise and deep local roots. Finally, the operational launch of CA Artificial Intelligence, alongside our partnerships with Mistral and Prisme.ai, enables us to accelerate our transformation and contribute to the emergence of a high-performing European ecosystem, in support of our strategic autonomy.»

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