Société Générale Reports Record Q3 Net Income and Increased Banking Revenue

Société Générale reported strong third-quarter financial results, highlighted by a record group net income of EUR 1,888 million. The bank's net banking income for the quarter rose to EUR 7,173 million, representing a 7.8% increase compared to the same period last year. The company demonstrated improved profitability with a Return on Tangible Equity (RoTE) of 13.0%. These results reflect robust performance across its core banking operations and contribute to a strengthened financial position for the group.

By Deepa Sarvaiya, SA News Editor · Seeking Alpha ·

Société Générale Reports Record Q3 Net Income and Increased Banking Revenue

Tickers: $SCGLY

Topics: net banking income net income return on equity

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