Brief: Societe Generale Hikes 2026 Outlook
BRIEF-Societe Generale Hikes 2026 Outlook July 30 (Reuters) - Societe Generale SA SOGN.PA:
Q2 GROUP NET INCOME EUR 1.79 BILLION (CONSENSUS: EUR 1.57 BILLION)
Q2 NET BANKING INCOME EUR 7.10 BILLION (COMPANY-COMPILED CONSENSUS: EUR 7.00 BILLION)
UPS 2026 OUTLOOK: ROTE TARGET FOR 2026 OF ABOUT 11% (VERSUS. MORE THAN 10% PREVIOUSLY)
Q2 FIXED INCOME AND CURRENCIES REVENUES DOWN 11.3% AT EUR 545 MILLION
UPS 2026 OUTLOOK: COST REDUCTION OF ABOUT -4% Y/Y (VERSUS. ABOUT -3% PREVIOUSLY)
EXTRAORDINARY SHARE BUY-BACK OF EUR 1.5BN TO BE LAUNCHED ON 3 AUGUST 2026 AT EARLIEST
H1 COST OF RISK AT 26BPS; END-Q2 CET1 RATIO OF 13.2%
INTERIM CASH DIVIDEND OF EUR 0.75 PER SHARE
Q2 OPERATING INCOME EUR 2.55 BILLION (CONSENSUS: EUR 2.37 BILLION)
Source text: ID:nGNERJrzk
Further company coverage: SOGN.PA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Societe Generale SA
See all newsJ.P. Morgan Sec PLC Abu Dhabi Future Abu Dhabi Future Eng - Stabilisation Notice
Brief: Czech Central Bank Lending Survey: Demand For Corporate Loans Expected To Continue Growing
Deutsche Bank AG Ln - Post Stabilisation Notice - Ford EUR 3.1yr
Deals of the day-Mergers and acquisitions
Societe Generale SA - Stabilisation Notice-ORANO