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Societe Generale SA (ADR) (PK:SCGLY)

Business Focus: Banks

Sector:  Financials Industry:  Banks
 
Company Contact
Address: 29 Boulevard Haussmann
PARIS 75009
Tel: N/A
Website: https://www.societegenerale.com
IR: See website
Key People
Slawomir Krupa
Chief Executive Officer, Executive Director, Member of the Executive Committee
Marie-christine Ducholet
Head of the SG French Retail Banking Network, Member of the Group Executive Committee
Philippe Aymerich
Deputy Chief Executive Officer, Member of the General Management and Executive Committee
Pierre Palmieri
Deputy Chief Executive Officer, Member of the General Management and Group Executive Committee
Claire A. Dumas
Group Chief Financial Officer, Member of the Group Executive Committee
Laura Mather
Group Chief Operating Officer, Member of the Group Executive Committee
Anne-Sophie Chauveau-Galas
Group Chief Human Resource Officer, Member of the Group Executive Committee
Gregoire Simon-Barboux
Group Chief Compliance Officer, Member of the Group Executive Committee
Stephane Landon
Group Chief Risk Officer, Member of the Group Executive Committee
Anne-Christine Champion
Co-Head of Global Banking and Investor Solutions, Member of the Group Executive Committee
   
Business Overview
Societe Generale SA is a France-based financial services group. The Group offers a wide range of advisory services and tailored financial solutions to secure transactions, protect and manage assets and savings, and help its clients finance their projects. It operates through three segments: French Retail Banking, International Retail Banking & Financial Services and Global Banking and Investor Solutions. French Retail Banking includes the domestic networks Societe Generale, Credit du Nord and Boursorama. International Retail Banking & Financial Services consists of International Retail Banking (consumer finance activities), Financial Services to Corporates (operational vehicle leasing and fleet management, equipment and vendor finance) and Insurance Activities. Global Banking and Investor Solutions comprises Global Markets and Investors Services, Financing and Advisory, Asset and Wealth Management. The Group is active globally.
Financial Overview
For the three months ended 31 March 2024, Societe Generale SA (ADR) interest income was not reported. Net interest loss after loan loss provision totaled to EUR400M. Net income applicable to common stockholders decreased 27% to EUR514M. Net income was partially offset by International Retail Banking & Financial Services segment income decrease of 52% to EUR272M, French Retail Banking segment income decrease of 80% to EUR27M.