Societe Generale jumps on Q1 beat driven by strong retail, equities performance By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2025
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Source: Investing.com
Strong Earnings Performance: Societe Generale reported a net income of €1.61 billion for Q1, more than double the previous year and exceeding analyst expectations, driven by gains in retail banking and equities trading.
Operational Efficiency and Growth: The bank's revenue rose 6.6% to €7.1 billion, with a cost-to-income ratio of 65%, reflecting improved efficiency, while return on tangible equity reached 11%, surpassing its full-year target.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
