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Crédit Agricole du Morbihan posts 15.8% net profit growth in H1 2026 with strong client gains and asset growth

Company Fundamentals
31 Jul 2026
Na
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Bullish
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Crédit Agricole du Morbihan reported a 15.8% increase in net profit to €57.8 million for the first half of 2026, driven by a 9.1% rise in consolidated net banking income to €158.4 million. The bank gained 8,600 new clients and grew total deposits by 3.3% to €16.4 billion, with notable increases in life insurance and securities assets. Despite a cautious economic environment, housing loans rose 5.4%, while professional and business loans declined 18%. The bank maintains strong financial health with a capital adequacy ratio of 27.48%, well above regulatory minimums. Looking ahead, Crédit Agricole du Morbihan aims to support local economic and social transitions with a focus on digital innovation and sustainable finance.

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