Credit Agricole cancels 1.05 percent of capital. Credit Agricole stock sits 22.30 percent below high

Published on 10/15/2026 at 11:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morningstar raised fair value from EUR 15 to EUR 21 on October 8, 2026. Credit Agricole stock costs EUR 15.85 on October 15, 2026, below its EUR 20.40 high.

Capital reduction and analyst outlook

Crédit Agricole canceled 31,999,995 treasury shares on October 14, 2026.
Morningstar raised fair value from EUR 15 to EUR 21 on October 8, 2026.
Crédit Agricole stock was trading at EUR 15.85 at 11:00 a.m. CEST at Lang & Schwarz on October 15, 2026.

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Credit Agricole stock (ISIN FR0000045072) was trading at EUR 15.85 at Lang & Schwarz on October 15, 2026 at 11:00 a.m. CEST. The bank had canceled 31,999,995 treasury shares, equal to 1.05 percent of its share capital, under its repurchase program, according to Yahoo Finance on October 14, 2026. The cancellation became effective on October 6, 2026.

What does the cancellation change?

The transaction reduced the share count after Crédit Agricole bought treasury stock between August 10, 2026 and September 23, 2026. The repurchase cost EUR 605.54 million, and the bank said its capital then comprised 3,025,902,350 shares, including 1,195,893 treasury shares held under a liquidity agreement, Yahoo Finance reported.

Fair value rises before results

Morningstar raised its fair value estimate for Crédit Agricole from EUR 15 to EUR 21 on October 8, 2026. Its analysis said revenue rose 8.00 percent in the second quarter of 2026, customer loans grew 7.00 percent over the preceding year, and return on tangible equity reached 14.00 percent in the first half of 2026, according to Morningstar.

Three dated steps in expansion

On October 8, 2026, Morningstar cited 8.00 percent second-quarter revenue growth. On October 12, 2026, Crédit Agricole agreed to acquire 100 percent of IKB Deutsche Industriebank, with an expected 20 basis-point negative impact on its CET1 ratio at closing, according to the bank's Credit Agricole release. On October 14, 2026, the share cancellation became the latest capital action.

Which dates matter next?

Crédit Agricole's next scheduled event is its third-quarter 2026 results on October 30, 2026. The financial calendar also lists a CAA Workshop for November 25, 2026, according to the company's finance page. The upcoming results will give investors a fresh test of the revenue growth and loan expansion cited by Morningstar.

Stock remains below yearly high

At EUR 15.85, the share was EUR 4.55 below its EUR 20.40 52-week high and EUR 0.48 above its EUR 15.37 52-week low. Market capitalization stood at EUR 47.9 billion as of October 15, 2026. Credit Agricole was trading at EUR 15.85 at Lang & Schwarz on October 15, 2026 at 11:00 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Credit Agricole stock.