Societe Generale SA
XMUN:SGE
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
S
|
Societe Generale SA
XMUN:SGE
|
FR |
|
M
|
Mitsui Fudosan Co Ltd
XBER:MFU
|
JP |
|
Arqit Quantum Inc
NASDAQ:ARQQ
|
UK |
|
N
|
Norfolk Southern Corp
SWB:NFS
|
US |
|
S
|
Stewart Information Services Corp
F:SIU
|
US |
|
Oculis Holding AG
F:CR5
|
CH |
|
R
|
Redcare Pharmacy NV
DUS:RDC
|
NL |
|
E
|
Equinor ASA
DUS:DNQ
|
NO |
Societe Generale SA
Societe Generale is a large French banking group that takes deposits, makes loans, processes payments, and provides financial services to individuals, small businesses, large companies, and public-sector clients. Its main businesses include retail banking in France and abroad, corporate and investment banking, and financing services such as leasing and equipment finance. The company also sells market-related services such as foreign exchange, interest-rate and equity hedging, structured financing, and securities services. For everyday customers, it earns money from account fees, lending spreads, and payment services. For corporate and institutional clients, it makes money from advisory work, trading, lending, and arranging financing and risk-management products. What sets Societe Generale apart is its role as a full-service bank that sits between households, companies, and the capital markets. It can serve a local retail customer, a mid-sized business, or a global corporation with the same core strengths in lending, payments, and market access. That mix makes it both a relationship bank and a transaction bank, with steady earnings tied to the flow of money and credit through the economy.
Societe Generale is a large French banking group that takes deposits, makes loans, processes payments, and provides financial services to individuals, small businesses, large companies, and public-sector clients. Its main businesses include retail banking in France and abroad, corporate and investment banking, and financing services such as leasing and equipment finance.
The company also sells market-related services such as foreign exchange, interest-rate and equity hedging, structured financing, and securities services. For everyday customers, it earns money from account fees, lending spreads, and payment services. For corporate and institutional clients, it makes money from advisory work, trading, lending, and arranging financing and risk-management products.
What sets Societe Generale apart is its role as a full-service bank that sits between households, companies, and the capital markets. It can serve a local retail customer, a mid-sized business, or a global corporation with the same core strengths in lending, payments, and market access. That mix makes it both a relationship bank and a transaction bank, with steady earnings tied to the flow of money and credit through the economy.
Profitability: Societe Generale said Q1 2026 RoTE was 11.7%, comfortably above its full-year target, supported by lower costs, solid credit quality, and strong capital.
Revenue mix: Reported revenue was up 0.3% year over year, but up 4.4% at constant perimeter and exchange rates. Disposals weighed on reported growth, while French retail and mobility were strong and GBIS was softer.
Cost discipline: Costs fell 6% year over year, helping the cost-to-income ratio improve to 60.9%, or 57.6% after IFRIC 21 linearization, putting the group on track for its 2026 target.
Credit quality: Cost of risk was 25 basis points, the low end of the 2026 guidance range, with management describing asset quality as very solid.
Capital and liquidity: CET1 ended at 13.5%, with liquidity reserves of EUR 334 billion and strong regulatory ratios, leaving the bank comfortable on distribution and capital plans.
BoursoBank: BoursoBank net income was EUR 92 million in the quarter and management said it remains on track for its EUR 300 million 2026 target, while a longer-term growth ambition remains in place.
Macro and FX: Management said FX and weaker market conditions hurt parts of the investment bank, while inflation, rates, and geopolitical risks were described as manageable in the base case.
