on CRCAM DU LANGUEDOC (EPA:CRLA)
Quarterly Results of Crédit Agricole du Languedoc as of March 31, 2026
Crédit Agricole du Languedoc reported solid financial results for the first quarter of 2026. Outstanding loans increased by 0.3%, reaching €27 billion, while deposits rose by 2.7% to €35.4 billion. During this period, the bank welcomed 12,500 new customers, bringing the total number of members to 462,500.
Net banking income (NBI) increased by 5.3%, reaching €150.4 million. Despite stable operating expenses, gross operating income rose by 14.2%. However, consolidated net income decreased by 18% to €22.8 million, in contrast to the standalone net income, which increased by 4.7% to €27.5 million.
Consolidated equity rose by 10.9%, demonstrating the bank's financial strength, despite a 5.5% decline in the CCI share price since the beginning of the year.
R. H.
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