Société Générale Société Anonyme (SCGLY) Analyst/Investor Day - Slideshow (OTCMKTS:SCGLY) 2026-09-21
13 Articles
13 Articles
Société Générale Société anonyme (SCGLY) Analyst/Investor Day Transcript
Slawomir KrupaCEO & Director All right. Good morning, everyone. I would like to extend my thanks and a warm welcome to our shareholders, bondholders and analysts joining us here in the room in person, but also online. We deeply appreciate and value your continued commitment and engagement with Societe Generale. Today is an important milestone [...]
The French bank Société Générale presented on Monday its road map for 2029 with which the entity plans to increase profitability on tangible assets (RoTE) between 13% and 14%, as well as to reduce its expenses up to 2%, including the departure of part of its employees. Thus, the bank estimates [...] The entry Société Générale aims to raise its profitability to 14% and reduce its costs, with staffing cuts appearing first in Forbes Spain.
Société Générale Shares Gain 3.4% After Bank Maps Up to €21 Billion in Payouts
Paris, September 21, 2026, 10:25 (CEST) Shares traded 3.39% higher at €75.05 during Monday's Paris session.The bank targets 13%-14% tangible return on equity in 2029.Potential 2026-2029 distributions could exceed €21 billion. Société Générale (EPA:GLE) shares gained 3.39% after the French bank raised its long-term profitability goal. The stock traded at €75.05 at 10:22 CEST, against…
French major bank Société Générale expects that increased use of AI can reduce the bank's costs by 500-600 million euros, equivalent to 5.6-6.8 billion SEK, in the future.
In addition, he noted that he expects to benefit from a strategic partnership with the US company Anthropic that includes a “repeated development” of the Claude model.
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