ENXTPA:CRSUBanks
Caisse Régionale De Crédit Agricole Mutuel Sud Rhône Alpes (ENXTPA:CRSU) Profit Growth Meets EPS Volatility
Investors came into this earnings day with Caisse Régionale de Crédit Agricole Mutuel Sud Rhône Alpes on the back foot, after the share price slipped over the past week, month and quarter. The headline today is not the price; it is the profitability. Net income from continuing operations over the last 12 months reached €123.0 million with a 27.7% net profit margin, while the bank still trades on a P/E of 8.1x versus higher market multiples.
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