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Crédit Agricole Swings To Q4 Profit

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Crédit Agricole SA (OTC: CRARY) posted a profit in the fourth quarter.

The French bank swung to a net profit of 612 million euros ($842 million), versus a year-ago loss of €3.98 billion. However, analysts were expecting a profit of €668 million.

Crédit Agricole shares closed at $7.37 yesterday.

Posted-In: profitEarnings News

 

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