Société Générale Société anonyme GAAP EPS of €0.64, revenue of €6.6B
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 03 2024
0mins
Source: SeekingAlpha
Société Générale Q1 Earnings:
- Q1 GAAP EPS of €0.64.
- Revenue of €6.6B, down 0.4% year-over-year.
- Cost-to-income ratio at 74.9% in Q1.
- CET 1 ratio of 13.2% at end-Q1, exceeding regulatory requirement by around 300 basis points.
- Liquidity Coverage Ratio at 159% at end-Q1.
State Street and Société Générale:
- State Street reportedly exploring potential purchase of SocGen's custody business.
Debt Refinancing:
- Banks holding X debt discussed refinancing options with Elon Musk.
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.
