Financial Results
Societe Generale Says Group Net Income Rises; Private Banking Inflows Grow
The bank's shares have more than doubled over the past year, highlighting what has – so far – been a buoyant year for European bank stocks.
Group net income at Paris-headquartered Societe Generale
rose by 13.9 per cent to €1.812 billion ($2.1 billion) in the
third quarter of this year, it said today.
Private banking saw net inflows of €1.9 billion in the quarter,
with annualised inflows for the nine months of 2025 accounting
for 7 per cent of assets under management (AuM).
AuM in private banking rose by +7 per cent from a year earlier in
the quarter, reaching a record €135 billion. Private banking net
banking income amounted to €312 million for Q3, rising 1.5 per
cent.
“We are releasing today a very good set of results, which are
again driven by strong revenue growth and continued improvement
in our operational efficiency and profitability,” Slawomir Krupa,
group CEO, said.
The lender’s Common Equity Tier 1 ratio stood at 13.7 per cent at
the end of September, up from 13.3 per cent at the end of 2024,
the French bank added.
Since the start of 2025, shares in Societe Generale have more
than doubled (102.9 per cent), to €54.96 per share.