French bank Crédit Agricole on Thursday said second-quarter net profit more than doubled from a year earlier, lifted by a better performance at its corporate and investment bank, and predicted that toxic assets will take a lower toll on its future results.
France's third-largest bank by market value said net profit for the three months ended June 30 increased to €201m from €76m a year ago, slightly above an average €174.1m ($248.2m) forecast from 13 analysts polled by Dow Jones Newswires.