For the implementation of our Group Project, we defined a number of indicators. Their aim is to formalise our ambitions, reflect the efforts of our employees and the work carried out, and objectively asses our success level.
INDICATORS | Period | 2019 | 2020 | Target |
|---|---|---|---|---|
| Results (Net income Group share) (1) Crédit Agricole S.A. | Results (Net income Group share) (1)Crédit Agricole S.A. Period Results (Net income Group share) (1)Crédit Agricole S.A. Period 2022 | Results (Net income Group share) (1)Crédit Agricole S.A. 2019 Results (Net income Group share) (1)Crédit Agricole S.A. 2019 €4.6bn | Results (Net income Group share) (1)Crédit Agricole S.A. 2020 Results (Net income Group share) (1)Crédit Agricole S.A. 2020 €3.8bn | Results (Net income Group share) (1)Crédit Agricole S.A. Target Results (Net income Group share) (1)Crédit Agricole S.A. Target > €5bn |
| Return on equity (RoTE ratio) (1) Crédit Agricole S.A. | Return on equity (RoTE ratio) (1)Crédit Agricole S.A. Period Return on equity (RoTE ratio) (1)Crédit Agricole S.A. Period 2022 | Return on equity (RoTE ratio) (1)Crédit Agricole S.A. 2019 Return on equity (RoTE ratio) (1)Crédit Agricole S.A. 2019 11.9% | Return on equity (RoTE ratio) (1)Crédit Agricole S.A. 2020 Return on equity (RoTE ratio) (1)Crédit Agricole S.A. 2020 9.3% | Return on equity (RoTE ratio) (1)Crédit Agricole S.A. Target Return on equity (RoTE ratio) (1)Crédit Agricole S.A. Target > 11% |
| Fully loaded capital ratio (CET1) Crédit Agricole S.A. | Fully loaded capital ratio (CET1) Crédit Agricole S.A. Period Fully loaded capital ratio (CET1) Crédit Agricole S.A. Period 2022 | Fully loaded capital ratio (CET1) Crédit Agricole S.A. 2019 Fully loaded capital ratio (CET1) Crédit Agricole S.A. 2019 12.1% | Fully loaded capital ratio (CET1) Crédit Agricole S.A. 2020 Fully loaded capital ratio (CET1) Crédit Agricole S.A. 2020 12.9% | Fully loaded capital ratio (CET1) Crédit Agricole S.A. Target Fully loaded capital ratio (CET1) Crédit Agricole S.A. Target 11% |
| Earnings per share (1) Crédit Agricole S.A. | Earnings per share (1)Crédit Agricole S.A. Period Earnings per share (1)Crédit Agricole S.A. Period 2022 | Earnings per share (1)Crédit Agricole S.A. 2019 Earnings per share (1)Crédit Agricole S.A. 2019 €1.39 | Earnings per share (1)Crédit Agricole S.A. 2020 Earnings per share (1)Crédit Agricole S.A. 2020 1.20 | Earnings per share (1)Crédit Agricole S.A. Target Earnings per share (1)Crédit Agricole S.A. Target > €1.6 |
| Operational efficiency (C/I ratio excluding SRF) (1) Crédit Agricole S.A. | Operational efficiency ( C/I ratioexcluding SRF) (1)Crédit Agricole S.A. Period Operational efficiency ( C/I ratioexcluding SRF) (1)Crédit Agricole S.A. Period 2022 | Operational efficiency ( C/I ratioexcluding SRF) (1)Crédit Agricole S.A. 2019 Operational efficiency ( C/I ratioexcluding SRF) (1)Crédit Agricole S.A. 2019 61% | Operational efficiency ( C/I ratioexcluding SRF) (1)Crédit Agricole S.A. 2020 Operational efficiency ( C/I ratioexcluding SRF) (1)Crédit Agricole S.A. 2020 59.6% | Operational efficiency ( C/I ratioexcluding SRF) (1)Crédit Agricole S.A. Target Operational efficiency ( C/I ratioexcluding SRF) (1)Crédit Agricole S.A. Target < 60% |
| Payout ratio Crédit Agricole S.A. | Payout ratio Crédit Agricole S.A. Period Payout ratio Crédit Agricole S.A. Period - | Payout ratio Crédit Agricole S.A. 2019 Payout ratio Crédit Agricole S.A. 2019 50% | Payout ratio Crédit Agricole S.A. 2020 Payout ratio Crédit Agricole S.A. 2020 66 % (2) | Payout ratio Crédit Agricole S.A. Target Payout ratio Crédit Agricole S.A. Target 50% in cash |
| Fully loaded capital ratio (CET1) Crédit Agricole Group | Fully loaded capital ratio (CET1) Crédit Agricole Group Period Fully loaded capital ratio (CET1) Crédit Agricole Group Period 2022 | Fully loaded capital ratio (CET1) Crédit Agricole Group 2019 Fully loaded capital ratio (CET1) Crédit Agricole Group 2019 15.9% | Fully loaded capital ratio (CET1) Crédit Agricole Group 2020 Fully loaded capital ratio (CET1) Crédit Agricole Group 2020 16.9% | Fully loaded capital ratio (CET1) Crédit Agricole Group Target Fully loaded capital ratio (CET1) Crédit Agricole Group Target > 16% |
| Partial unwinding of the Switch Crédit Agricole Group | Partial unwinding of the Switch Crédit Agricole Group Period Partial unwinding of the Switch Crédit Agricole Group Period 2018-2022 | Partial unwinding of the Switch Crédit Agricole Group 2019 Partial unwinding of the Switch Crédit Agricole Group 2019 - | Partial unwinding of the Switch Crédit Agricole Group 2020 Partial unwinding of the Switch Crédit Agricole Group 2020 35% | Partial unwinding of the Switch Crédit Agricole Group Target Partial unwinding of the Switch Crédit Agricole Group Target 50% |
| IT expense account Crédit Agricole Group | IT expense account Crédit Agricole Group Period IT expense account Crédit Agricole Group Period 2019-2022 | IT expense account Crédit Agricole Group 2019 IT expense account Crédit Agricole Group 2019 €4bn | IT expense account Crédit Agricole Group 2020 IT expense account Crédit Agricole Group 2020 €8bn (3) | IT expense account Crédit Agricole Group Target IT expense account Crédit Agricole Group Target €15bn |
| Revenue synergies Crédit Agricole Group | Revenue synergies Crédit Agricole Group Period Revenue synergies Crédit Agricole Group Period 2022 | Revenue synergies Crédit Agricole Group 2019 Revenue synergies Crédit Agricole Group 2019 €9bn | Revenue synergies Crédit Agricole Group 2020 Revenue synergies Crédit Agricole Group 2020 €9bn | Revenue synergies Crédit Agricole Group Target Revenue synergies Crédit Agricole Group Target €10bn |
| Revenue synergies CA Italia | Revenue synergies CA Italia Period Revenue synergies CA Italia Period 2022 | Revenue synergies CA Italia 2019 Revenue synergies CA Italia 2019 €885m | Revenue synergies CA Italia 2020 Revenue synergies CA Italia 2020 €893m | Revenue synergies CA Italia Target Revenue synergies CA Italia Target €1bn |
INDICATORS | Period | 2019 | 2020 | Target |
|---|---|---|---|---|
| Premium income from property and casualty insurance CAA | Premium income from property and casualty insurance CAA Period Premium income from property and casualty insurance CAA Period 2018-2022 | Premium income from property and casualty insurance CAA 2019 Premium income from property and casualty insurance CAA 2019 +8% | Premium income from property and casualty insurance CAA 2020 Premium income from property and casualty insurance CAA 2020 +31% (4) | Premium income from property and casualty insurance CAA Target Premium income from property and casualty insurance CAA Target +30% |
| Growth in savings and retirement assets CAA | Growth in savings and retirement assets CAA Period Growth in savings and retirement assets CAA Period 2018-2022 | Growth in savings and retirement assets CAA 2019 Growth in savings and retirement assets CAA 2019 6.6% | Growth in savings and retirement assets CAA 2020 Growth in savings and retirement assets CAA 2020 +13% (4) | Growth in savings and retirement assets CAA Target Growth in savings and retirement assets CAA Target 13% |
| CAGR (5) net income Amundi | CAGR (5)net income Amundi Period CAGR (5)net income Amundi Period 2018-2022 | CAGR (5)net income Amundi 2019 CAGR (5)net income Amundi 2019 6.6% | CAGR (5)net income Amundi 2020 CAGR (5)net income Amundi 2020 0.8% (4) | CAGR (5)net income Amundi Target CAGR (5)net income Amundi Target 5% |
| Assets under management CAIWM | Assets under management CAIWMPeriod Assets under management CAIWMPeriod 2022 | Assets under management CAIWM2019 Assets under management CAIWM2019 €132.1bn | Assets under management CAIWM2020 Assets under management CAIWM2020 €128bn | Assets under management CAIWMTarget Assets under management CAIWMTarget > €140bn |
| Retail customers LCL | Retail customers LCL Period Retail customers LCL Period 2018-2022 | Retail customers LCL 2019 Retail customers LCL 2019 +51,465 | Retail customers LCL 2020 Retail customers LCL 2020 +43,900 (4) | Retail customers LCL Target Retail customers LCL Target +200,000 net customers individual and business combined |
| Group revenue synergies CA Italia | Group revenue synergies CA Italia Period Group revenue synergies CA Italia Period 2018-2022 | Group revenue synergies CA Italia 2019 Group revenue synergies CA Italia 2019 +8% | Group revenue synergies CA Italia 2020 Group revenue synergies CA Italia 2020 +9% (4) | Group revenue synergies CA Italia Target Group revenue synergies CA Italia Target +20% |
| Gross managed loans CA CF | Gross managed loans CA CF Period Gross managed loans CA CF Period 2018-2022 | Gross managed loans CA CF 2019 Gross managed loans CA CF 2019 +€3.6bn | Gross managed loans CA CF 2020 Gross managed loans CA CF 2020 +€2.4bn (4) | Gross managed loans CA CF Target Gross managed loans CA CF Target +€22bn |
| Revenues in China CACIB | Revenues in China CACIB Period Revenues in China CACIB Period 2018-2022 | Revenues in China CACIB 2019 Revenues in China CACIB 2019 +€10m | Revenues in China CACIB 2020 Revenues in China CACIB 2020 +€49m (4) | Revenues in China CACIB Target Revenues in China CACIB Target +€100m |
| Assets under custody (incl. Santander and KAS Bank) CACEIS | Assets under custody ( incl.Santander and KAS Bank) CACEIS Period Assets under custody ( incl.Santander and KAS Bank) CACEIS Period 2022 | Assets under custody ( incl.Santander and KAS Bank) CACEIS 2019 Assets under custody ( incl.Santander and KAS Bank) CACEIS 2019 €3,879bn | Assets under custody ( incl.Santander and KAS Bank) CACEIS 2020 Assets under custody ( incl.Santander and KAS Bank) CACEIS 2020 €4,198bn | Assets under custody ( incl.Santander and KAS Bank) CACEIS Target Assets under custody ( incl.Santander and KAS Bank) CACEIS Target €4,000bn |
(1) Underlying.
(2) Based on underlying Net income Group share.
(3) Cumulative.
(4) Change 2020 vs 2018.
(5) Compounded annual growth rate.
