Societe Generale


Tax burden

Societe Generale (BUY, TP EUR41) Investment catalyst: According to French press local government want to take back part […]


Better than expected results

Societe Generale (BUY, TP EUR41) Investment catalyst: Net profit was EUR1.099bn versus our estimate of EUR723m and consensus […]


Better-than-expected results

Societe Generale (BUY, TP EUR41) Net profit was EUR1.099bn vs our estimate of EUR723m and consensus of EUR745m. If […]



Strong results

Societe Generale (BUY, TP EUR41) Net profit was EUR1.461bn versus our EUR787m, largely due to the fact that […]


Rewards outweigh risks

European banks We believe that there could be an acceleration in term of small public support and M&A […]




Strong results, cost savings

Societè Generale (BUY, TP EUR54.6) Q2 2015 net profit was Eur1351m compared to our estimate of Eur920m and consensus […]


Amundi and Boursorama

Societè Generale (BUY, TP EUR54.6) Societe Generale announced two relevant transactions: 1) IPO of Amundi within FY15: the purpose […]


Investment case update

Societe Generale (BUY, TP EUR54.6)   (click for PDF with full financials) Societe Generale confirmed ambitious targets for the […]