Published by Global Banking & Finance Review®
Posted on November 18, 2025
1 min readLast updated: January 21, 2026
Add as preferred source on GoogleCredit Agricole targets over 14% ROTE and net income above 8.5 billion euros by 2028, with a focus on reducing costs and expanding revenue outside France.
PARIS (Reuters) -Credit Agricole SA announced on Tuesday new profit and cost targets for 2028.
A few highlights:
• Return on tangible equity (ROTE): Above 14%, up from a 2025 target of above 12%.
• Cost-to-income ratio: Below 55% by 2028, versus a previous 2025 target of below 58%.
• Net income: More than 8.5 billion euros ($9.86 billion), up from prior 2025 target of above 6 billion euros.
• Dividend policy: 50% payout in cash, with the inclusion of an interim dividend from 2026.
• Common Equity Tier 1 (CET1) ratio: Around 11%, unchanged.
• Revenues: Nearly 60% to be generated outside France by 2028.
($1 = 0.8624 euros)
(Reporting by Mathieu Rosemain; Editing by Sherry Jacob-Phillips)
Return on Tangible Equity (ROTE) is a financial metric used to measure a company's profitability relative to its tangible equity. It indicates how effectively a company generates profits from its equity base.
A Dividend Policy is a company's approach to distributing profits back to shareholders in the form of dividends. It outlines how much of the profit will be paid out and how often.
The Common Equity Tier 1 (CET1) Ratio is a measure of a bank's core equity capital compared to its total risk-weighted assets. It is a key indicator of financial strength and stability.
Revenues refer to the total income generated by a company from its business activities, typically from the sale of goods and services, before any expenses are deducted.
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