Report
Benoit Valleaux ...
  • Steven Gould

Societe Generale : Very good momentum in Q4 in a buoyant environment

>Strong revenue growth in Q4... - Société Générale reported its Q4 2021 earnings last Thursday. Revenues came to € 6,620m (+13.4% reported and +11.4% on an underlying basis), beating forecasts (consensus € 6,064m, our estimate € 6,093m), with in particular high revenues in retail banking in France, in financial services to corporates (ALD) and in financing & advisory. In retail banking in France, revenues were up 11.0%, with an increase in loan production and fees. In...
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

ResearchPool Subscriptions

Get the most out of your insights

Get in touch