Brief: BRD Groupe Societe Generale Q1 Net Profit At 326 Million Lei, Down 4.6% YoY

BRD Groupe Societe Generale SA

02/05/2024 16:06

May 2 (Reuters) - BRD Groupe Societe Generale SA
 ROBRD.BX :
    * Q1 NET PROFIT 326 MILLION LEI VERSUS 342.1 MILLION LEI
YEAR AGO
    * Q1 NET BANKING INCOME 984.7 MILLION LEI VERSUS 935.3
MILLION LEI
YEAR AGO
    * Q1 ROE AT 14.5% VERSUS 18.8% IN Q1 2023
    * NET LOANS INCLUDING LEASING RECEIVABLES AT END-MARCH AT
43.4
BILLION LEI UP 12.3% YOY
    * BQ1 NPL RATIO AT 2.1% VERSUS 2.6% IN Q1 2023
    * Q1 NET COST OF RISK AT 54.3 MILLION LEI VERSUS 9 MILLION
LEI
YEAR AGO
    * TOTAL CAPITAL RATIO OF 24.1% AT END-MARCH VERSUS 21.9% AT
END-MARCH 2023
    * TIER 1 CAPITAL RATIO AT END-MARCH AT 20.4%

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