| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 69.53 | 134 |
| Intrinsic value (DCF) | 37.59 | 27 |
| Graham-Dodd Method | 108.59 | 266 |
| Graham Formula | 38.29 | 29 |
Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative (CRBP2.PA) is a regional cooperative bank operating under the Crédit Agricole Group, one of France's largest banking networks. Headquartered in Amiens, France, the bank provides a comprehensive suite of financial services, including savings products, life insurance, consumer credit, payment solutions, and property and casualty insurance. Catering to individuals, farmers, professionals, businesses, and public authorities, CRBP2.PA plays a vital role in supporting regional economic development. As part of the Crédit Agricole S.A. network, it benefits from a strong cooperative banking model, ensuring stability and customer-centric services. The bank's focus on agricultural and regional financing distinguishes it within the competitive French banking sector. With a market capitalization of approximately €367 million, CRBP2.PA remains a key player in France's regional banking landscape, emphasizing mutual cooperation and long-term client relationships.
CRBP2.PA presents a stable investment opportunity within the regional banking sector, supported by its affiliation with the Crédit Agricole Group. The bank's cooperative structure provides resilience against economic fluctuations, as evidenced by its low beta (0.544), indicating lower volatility compared to the broader market. With a solid net income of €199.18 million and a diluted EPS of €3.74, the bank demonstrates profitability. However, negative operating cash flow (-€1.94 billion) raises concerns about liquidity management, though this may be offset by its strong capital position (€321.78 million in cash and equivalents). The dividend yield, with a payout of €1.09 per share, adds appeal for income-focused investors. Risks include exposure to regional economic conditions and competitive pressures from larger national and digital banks.
CRBP2.PA operates in a highly competitive French banking sector dominated by large national banks and digital disruptors. Its primary competitive advantage lies in its regional focus and cooperative model, fostering deep customer relationships and loyalty, particularly among agricultural and small business clients. As part of the Crédit Agricole network, it benefits from shared resources, brand recognition, and economies of scale, though it remains smaller in scale compared to its parent company. The bank's emphasis on personalized service and community engagement differentiates it from larger, more impersonal competitors. However, its regional concentration limits geographic diversification, making it vulnerable to localized economic downturns. Digital banking adoption remains a challenge, as CRBP2.PA must balance traditional service models with the growing demand for online and mobile banking solutions. Its lack of total debt is a strength, but the negative operating cash flow suggests potential inefficiencies in liquidity management. Overall, CRBP2.PA's niche positioning and cooperative ethos provide stability but may limit aggressive growth opportunities in a rapidly evolving financial landscape.