HALISTER: SocGen 2Q Net Income Beats, Rises 8.1% Y/y; CET1 Ratio Stable

SocGen 2Q Net Income Beats, Rises 8.1% Y/y; CET1 Ratio Stable

(Bloomberg) -- SocGen 2Q net income EU1.46b; est. EU1.36b, year-earlier EU1.35b.
  • Fully loaded CET1 ratio 11.1% vs 11.1% end-March
  • Net banking income EU6.98b vs EU6.87b y/y
  • Operating costs EU4.12b vs EU4.12b y/y
  • Cost of risk EU664m vs EU724m y/y
  • ROE after tax 11.7% vs 11.2%
  • Adj. ROE 11.0% vs 10.6%
  • FICC rises 2.8% y/y
  • NOTE: Stock down 33% YTD vs SX7P down 31%
  • PREVIEW here
  • Statement
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
GLE FP (Societe Generale SA)

To de-activate this alert, click here

UUID: 7947283