Credit Agricole Drops as Consumer Unit Slump Erodes Profit

Updated on
  • Profit at the LCL network drops 32% to 85 million euros
  • Earnings at the large customers division tumble by 51%

Credit Agricole SA dropped the most in three months after first-quarter profit plunged, hurt by a decline at the LCL domestic consumer business where the bank expects margins to remain under pressure.

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