Societe Generale Societe anonyme Q3 2025 Earnings Recap

Societe Generale delivered solid third-quarter results with a group net income of EUR 1.5 billion, showcasing strong revenue growth and continued cost discipline, driving improved operational leverage.

Key Takeaways

• Nine-month revenues grew by 6.7% year-over-year to EUR 20.5 billion, demonstrating robust commercial performance.
• Cost-to-income ratio improved significantly to 63.3%, below the 2025 target of 65%, reflecting effective cost management initiatives.
• Return on tangible equity (ROTE) increased to 10.5%, up 3.4 percentage points from the previous year, underscoring enhanced profitability.
• CET1 ratio strengthened to 13.7%, supporting the bank’s solid capital position while facilitating shareholder returns through buybacks.
• Q3 revenues increased by 3% year-over-year, driven by positive contributions across all business lines, as operational efficiency continues to improve.