Crédit Agricole Loire Haute-Loire: net income up 15.2% in first half of 2026
Crédit Agricole Loire Haute-Loire released first half 2026 results marked by a simultaneous increase in its net banking income, gross operating profit and consolidated net income.
The regional bank combines a progression in its commercial activity with a lower cost of risk, in an environment of rates qualified as monetary normalization by the group.
NBI, gross operating profit and net income on the rise
On a consolidated basis, net banking income stands at €246.9m, up 5.9% year-on-year. Gross operating profit reaches €93.6m, up 12.7%, and consolidated net income attributable to the Group stands at €58.3m, up 15.2%.
On an individual basis, net banking income is up 6.6% at €186.6m and net social income increases by 4.9% to €74.0m. Overall intermediation margin improves, driven by growth in loan interest income in stock and a reduction in cost of funding, while commission margin declines by 0.8% to €68.0m.
Consolidated cost of risk amounts to €24.7m, down 6.1% compared to €26.3m recorded in first half 2025. The impaired loan ratio stands at 2.75% and the coverage ratio for doubtful receivables at 45.1%.
Credit outstandings and deposits up
Customer credit outstandings reach €10.5bn, up 1.2%, with over €710m in new financing during the half-year, up 3.6% compared to first half 2025. In detail, mortgage loans increase by 0.5% and equipment loans by 4.8%, while treasury loans decline by 6.4% due to the repayment of State-Guaranteed Loans.
Deposit outstandings stand at €17.0bn, up 2.5% year-on-year. On-balance sheet collection is slightly down 0.9%, while off-balance sheet collection increases by 9.4%, driven by a 10.1% increase in life insurance linked to the launch at the beginning of the year of the new Oriance offering.
The regional bank indicates it has recorded nearly 11,150 new customers during the half-year, up 6% compared to the same period in 2025.
A CET1 ratio of 34.25% and a CCI share price up 17.4%
Financial soundness is reflected in a CET1 ratio of 34.25% as of June 30, 2026, for a regulatory minimum of 11.5%, compared to 34.15% as of December 31, 2025. Total prudential own funds amount to €1.8bn and consolidated equity to €3.2bn, representing 20.2% of a balance sheet totaling €15.5bn.
The regional bank also mentions its participation, for its share, in an investment of nearly 500 million euros over three years (2026-2028) announced by the Crédit Agricole group to develop artificial intelligence in its businesses.
The cooperative investment certificate (CCI) share price stands at €112 as of June 30, 2026, up 17.4% in the first half. A dividend of €2.90 was paid on June 5, 2026, representing a yield of 3% on the December 31, 2025 price.
