Report
Benoit Valleaux ...
  • Steven Gould

Société Générale : RN supérieur aux attentes bénéficiant d’un coût du risque très faible

>Baisse des revenus en banque de détail en France et en BFI - La Société Générale a publié hier son RN du T2 2023. Les revenus totaux ont été de 6 287 M€ (-10.3% en pro-forma), légèrement inférieurs aux attentes (consensus 6 394 M€, notre prévision 6 448 M€), du fait notamment d’un niveau de revenus plus négatif qu’attendu au niveau de la holding (-375 M€) qui intègre 240 M€ de charges de litiges (qui semblent avoir été souvent ajoutées aux coûts). Les revenus de hol...
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

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch