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Societe Generale (SCGLY)
OTHER OTC:SCGLY
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Societe Generale
(OTC:SCGLY)
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Rating:72Outperform
Price Target:
$18.00
â–²(30.53% Upside)
Societe Generale's overall stock score reflects strong financial performance and positive earnings call highlights, supported by a robust capital position and disciplined cost control. Technical indicators suggest bullish momentum, although potential overbought conditions warrant caution. Valuation metrics indicate reasonable pricing, while concerns about cash flow management and external risks such as regulatory changes and increasing bankruptcy rates in France temper the outlook.
Positive Factors
Strong Revenue Growth
The company's ability to exceed revenue growth targets indicates robust business operations and effective market strategies, enhancing its competitive position.
Cost Efficiency
Effective cost management improves profitability and operational efficiency, providing a stronger financial foundation for future growth.
Strong Capital Position
A strong capital position enhances financial stability and provides a buffer against economic uncertainties, ensuring long-term resilience.
Negative Factors
Cash Flow Challenges
Negative cash flow can limit the company's ability to invest in growth opportunities and meet financial obligations, posing a risk to financial health.
Market Volatility Concerns
Market volatility and economic slowdown can impact revenue streams and profitability, challenging the company's ability to maintain growth momentum.
Limited Growth in Certain Areas
Limited growth in key segments may hinder overall revenue expansion and affect the company's market competitiveness in those areas.
Societe Generale (SCGLY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$54.52B
Dividend Yield0.6%
Average Volume (3M)68.44K
Price to Earnings (P/E)12.0
Beta (1Y)0.81
Revenue Growth-13.59%
EPS Growth182.59%
CountryUS
Employees111,754
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)0.40
Shares Outstanding3,834,473,900
10 Day Avg. Volume157,458
30 Day Avg. Volume68,442
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)0.31
Price to Sales (P/S)0.86
P/FCF Ratio-1.01
Enterprise Value/Market Cap0.00
Enterprise Value/Revenue0.00
Enterprise Value/Gross Profit0.00
Enterprise Value/Ebitda0.00
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Societe Generale Business Overview & Revenue Model
Company DescriptionSociété Générale Société anonyme provides financial services to individual, business, and institutional investors in Europe and internationally. It offers retail banking services under the Societe Generale, Credit du Nord, and Boursorama brand names; and insurance, investor, and other financial services. The company was founded in 1864 and is based in Paris, France.
How the Company Makes MoneySociete Generale generates revenue through multiple key streams. Primarily, the company earns income from interest on loans and credit products provided to individual and corporate clients through its retail banking and corporate banking divisions. Additionally, it generates substantial revenue from its investment banking activities, including advisory services for mergers and acquisitions, capital market transactions, and trading operations. Asset management and private banking services also contribute to the company’s earnings by charging management fees and performance fees. Furthermore, Societe Generale benefits from partnerships with other financial institutions and corporations, enhancing its service offerings and expanding its customer base, ultimately contributing to its overall profitability.
Societe Generale Earnings Call Summary
Earnings Call Date:Oct 30, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:Feb 06, 2026
Earnings Call Sentiment Positive
The earnings call highlights strong financial performance with significant revenue growth, improved cost efficiency, and a robust capital position. However, there are concerns about increasing bankruptcy rates in France, a decline in equities revenues, and potential regulatory and tax changes that could impact future performance.Q3-2025 Updates
Positive Updates
Strong Revenue Growth
Revenues grew by 6.7% over the first nine months of 2025 compared to last year, reaching EUR 20.5 billion, excluding asset disposals.
Improved Cost Efficiency
Costs decreased by more than 2% for the first nine months of 2025 versus the same period in 2024, leading to a cost-to-income ratio of 63.3%, better than the 2025 target of below 65%.
Solid Capital Position
CET1 ratio increased by 20 basis points this quarter and stands at 13.7%, above the Basel IV target of 13%.
High ROTE Achievement
Group return on tangible equity reached 10.5%, a 3.4 percentage point increase versus the same period in 2024.
Successful Share Buyback
Completed a EUR 1 billion additional share buyback program, contributing to a strong capital position.
BoursoBank Client Growth
BoursoBank gained 1.5 million clients since Q3 2024, reaching its CMD target of 8 million clients 18 months ahead of schedule.
Negative Updates
Increased Bankruptcy Rates in France
Slight increase in bankruptcy rates impacting SME segment cost of risk, though overall risk remains contained.
Equities Revenue Decline
Equities revenues decreased by 7% due to a strong comparison base from Q3 2024 and negative impacts from FX and day one accounting adjustments.
Pressure from Potential Tax Changes
Concerns regarding potential tax changes on share buybacks and dividends, which might affect capital distribution strategies.
Regulatory Challenges
Potential cap on banking fees in France discussed in Parliament, which could impact revenues in the French retail segment.
Company Guidance
During the Societe Generale conference call, CEO Slawomir Krupa and CFO Leopoldo Alvear detailed the bank's impressive third-quarter and nine-month results for 2025. The bank achieved a 6.7% revenue increase over the first nine months, totaling EUR 20.5 billion, while costs decreased by over 2%, resulting in a cost-to-income ratio of 63.3%, better than the 2025 target of below 65%. The group reported a net income of EUR 4.6 billion, and the return on tangible equity rose by 3.4 percentage points to 10.5%. The CET1 ratio improved by 20 basis points to 13.7%, exceeding the target of 13%, despite a slight rise in organic RWA. The call highlighted significant positive jaws, disciplined cost control, and robust asset quality, with a cost of risk in line with guidance at 25 basis points. These strong financials have supported a EUR 1 billion share buyback program, further boosting shareholder value.Societe Generale Financial Statement Overview
Summary
Societe Generale shows strengths in revenue growth and profitability despite mixed cash flow results. The balance sheet remains strong with improved equity ratios and reduced leverage, enhancing financial stability. However, cash flow management poses a concern, highlighting a need for improved liquidity strategies.Income Statement
Societe Generale's revenue growth rate from 2023 to 2024 is approximately 18.37%, indicating a reasonable growth trajectory. The gross profit margin is 100%, showing effective cost management. However, net profit margin decreased slightly from 5.62% in 2023 to 8.00% in 2024, which is still strong. The absence of EBIT and EBITDA figures for 2024 could indicate a shift in reporting or operational challenges.65
Positive
Balance Sheet
The equity ratio improved to 4.46% in 2024 from 4.24% in 2023, reflecting a stable equity base. The debt-to-equity ratio is virtually zero due to the absence of reported total debt in 2024, potentially indicating conservative financial management. Return on equity decreased from 3.78% in 2023 to 5.98% in 2024, suggesting improved profitability relative to shareholder equity.78
Positive
Cash Flow
The operating cash flow turned negative in 2024, indicating cash management challenges. Free cash flow also turned negative, impacting financial flexibility. The free cash flow growth rate is negative, pointing to potential liquidity issues. However, the company managed to reduce the financing cash outflows, suggesting efforts to stabilize cash flow.50
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 51.80B | 97.64B | 87.14B | 53.99B | 46.12B | 42.27B |
| Gross Profit | 51.80B | 52.51B | 44.36B | 36.10B | 36.25B | 32.02B |
| EBITDA | 8.35B | 16.82B | 12.84B | 9.58B | 13.48B | 6.66B |
| Net Income | 5.47B | 4.20B | 2.49B | 1.82B | 5.64B | -258.00M |
Balance Sheet | ||||||
| Total Assets | 1.55T | 1.57T | 1.55T | 1.49T | 1.46T | 1.44T |
| Cash, Cash Equivalents and Short-Term Investments | 212.56B | 273.13B | 327.40B | 289.83B | 179.97B | 236.07B |
| Total Debt | 172.72B | 183.09B | 179.81B | 89.00B | 151.28B | 154.66B |
| Total Liabilities | 1.47T | 1.49T | 1.48T | 1.41T | 1.39T | 1.38T |
| Stockholders Equity | 68.29B | 70.26B | 65.97B | 66.97B | 65.10B | 61.71B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -21.53B | 25.56B | 29.50B | 13.83B | 75.20B |
| Operating Cash Flow | 0.00 | -10.10B | 37.42B | 39.09B | 20.29B | 80.79B |
| Investing Cash Flow | 0.00 | -13.74B | -12.07B | -9.01B | -10.12B | -6.86B |
| Financing Cash Flow | 0.00 | -1.27B | -3.90B | -214.00M | -3.63B | 2.13B |
Societe Generale Technical Analysis
Positive
13.79
Price Trends
14.58
Positive
13.70
Positive
12.27
Positive
Market Momentum
0.48
Positive
64.76
Neutral
27.16
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SCGLY, the sentiment is Positive. The current price of 13.79 is below the 20-day moving average (MA) of 16.04, below the 50-day MA of 14.58, and above the 200-day MA of 12.27, indicating a bullish trend. The MACD of 0.48 indicates Positive momentum. The RSI at 64.76 is Neutral, neither overbought nor oversold. The STOCH value of 27.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SCGLY.
Societe Generale Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $24.68B | 12.38 | 11.43% | 3.74% | 4.00% | 28.54% | |
73 Outperform | $83.26B | 13.70 | 11.31% | 3.11% | 1.79% | 30.93% | |
72 Outperform | $54.52B | 12.02 | 7.25% | 0.60% | -13.59% | 182.59% | |
71 Outperform | $79.72B | 18.19 | 8.36% | 3.19% | -20.94% | -18.71% | |
69 Neutral | $77.64B | 10.77 | 19.90% | 9.77% | 11.82% | 3.41% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | $105.59B | 15.43 | 9.14% | 2.31% | -2.84% | 25.48% |
* Financial Sector Average
SCGLY
Societe Generale
16.49
10.70
184.90%
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64.51%
PNC
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11.11%
RF
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28.14
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.