Report
Benoit Valleaux ...
  • Steven Gould

Societe Generale : Underlying net income (excluding the Rosbank disposal) expected to be robust in Q2

>Anticipated revenue growth across all group business lines - Société Générale is due to report its Q2 2022 net income on 3 August. We forecast revenues of € 6,505m (+3.9%), above the consensus (€ 6,391m, +2.1% est.), with anticipated revenue growth for the group’s business lines, including notably an increase in retail banking revenues in France and internationally, and sharp revenue growth in specialised financial services (strong momentum expected to continue at AL...
Underlying
Societe Generale S.A. Class A

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Benoit Valleaux

Steven Gould

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