Societe Generale Reports Strong Q1 2025 Results

Societe Generale ( (SCGLY) ) has released its Q1 earnings. Here is a breakdown of the information Societe Generale presented to its investors.

Societe Generale is a leading European bank offering a wide range of financial services, including retail banking, private banking, insurance, and global banking solutions, with a strong presence in international markets and a commitment to sustainability.

In the first quarter of 2025, Societe Generale reported robust financial results, surpassing its annual targets. The bank achieved a net income of EUR 1,608 million, a significant increase from the previous year, driven by strong performances across its business segments, including French Retail Banking, Global Banking and Investor Solutions, and International Retail Banking.

Key highlights from the earnings report include a 6.6% increase in net banking income to EUR 7.1 billion, a reduction in operating expenses by 4.4%, and a cost-to-income ratio of 65.0%, all of which are ahead of the bank’s 2025 targets. Additionally, the bank maintained a solid capital position with a CET1 ratio of 13.4% and a liquidity coverage ratio of 140%. Strategic asset disposals contributed positively to the bank’s capital ratios.

The bank’s strategic focus on cost management and risk control has resulted in a low cost of risk at 23 basis points, below the target range. Societe Generale’s diversified business model and disciplined execution have positioned it favorably to achieve its 2025 objectives and continue its sustainable growth trajectory.

Looking ahead, Societe Generale’s management remains confident in delivering sustainable and profitable growth, supported by its strong capital position and strategic initiatives aimed at enhancing operational efficiency and expanding its ESG offerings.