Societe Generale : Very strong revenues and a low cost of risk in Q2, 2025 outlook in line
>Strong growth in activity - Société Générale reported its Q2 2022 earnings yesterday. Revenues came to € 7,065m (+12.8%) well ahead of expectations (consensus € 6,391m, our estimate € 6,505m), with better-than-expected revenues across all business lines. In particular, we may note very high revenues at ALD, in international retail banking and in financing & advisory. Global markets revenues were also very good, with notably a strong rise in FICC revenues (+50%). Reve...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.
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