Societe Generale : Excellent Q3 2022 results
>Better-than-expected revenues - Société Générale reported its Q3 2022 earnings last Friday. Group revenues came in at € 6.828bn (+2.3% reported and +3.7% l-f-l vs demanding comps), 8.2% better than the consensus and 9.0% ahead of our forecast, with revenues beating expectations in nearly all businesses, notably: 1/ retail banking in France (+0.5%, where interest margins topped expectations), 2/ international retail banking (positive impact of higher rates in CEE), 3...Societe Generale is a universal banking and financial services group based in France. Co. is engaged in operations in areas such as retail banking, corporate and investment banking, financial services, insurance, private banking and asset management. Co.'s three segments are: French Retail Banking (FRB); International Retail Banking & Financial Services (IBFS); and Global Banking and Investor Solutions (GBIS). FRB offers products and services to individual, professional and business customers; IBFS comprises banking networks and consumer finance activities; and GBIS covers global activities of Corporate and Investment Banking. Co. maintains operations across 76 countries globally.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.