Analysts foresee less revenue Credit Agricole, quite high dividend

Tomorrow the French Credit Agricole will publish its past quarters figures. Over the current book year the total revenue will be 19,71 billion euros (consensus estimates). This is rather significant lower than 2017's revenue of 63,33 billion euros.

Historical revenues and results Credit Agricole plus estimates 2018

The analysts expect for 2018 a net profit of 3,89 billion euros. The majority of the analysts expects for this year a profit per share of 1,35 euros. With this the price/earnings-ratio is 7,26.

Huge dividend Credit Agricole

For this year the analysts expect a dividend of 0,68 cents per share. Thus the dividend yield equals 6,94 percent. The average dividend yield of the banks is a limited 1 percent.

Latest estimates around 15 euros

The latest 3 recommendations for the bank were provided by Morgan Stanley, UBS and Credit Suisse.

Based on the current number of shares Credit Agricole's market capitalization equals 27,87 billion euros. The Credit Agricole stock was the past 12 months quite volatile. Since last February the stock is 26 percent lower. This year the stock price moved between 9 and 14 euro. Since 2008 the stock price is almost 19 percent higher.

At 10.06 the stock trades 1,23 percent higher at 9,8 euros.

Historical stock prices Credit Agricole

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