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French universal bank covering retail banking, corporate & investment banking, and international retail/leasing operations.
French universal bank covering retail banking, corporate & investment banking, and international retail/leasing operations.
Earns from French retail and online banking, including Boursorama, from investment banking centred on equity derivatives, and from leasing and fleet finance through Ayvens, in which it holds the majority. After leaving Russia in 2022 it sold a string of African subsidiaries and its Swiss private bank to trim down to core businesses.
In one line: A more volatile French Citigroup.
Moat: narrow (scale, distribution). Large domestic branch network and equity derivatives franchise, but thinner margins than peers.
Headquarters: Paris, France · Founded: 1864 · Employees: 110,000
Size Societe Generale (GLE.PA) is a France Financials company (Major Banks) with a market value of $52.0B, the 17th largest of 206 France companies the cockpit tracks. Shares closed at €64.41 on 6 Nov 2026.
Performance Over six months the shares fell 4.5%, against +9.9% for the median peer and -0.4% for the France market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue grew 8.6% over the last twelve months (peer median -5.3%); the operating margin is 20.9% (peer median 39.9%).
Valuation It trades at 0.78× book value against a peer median of 1.73× (3rd cheapest of 21).
Price implies The share price implies a return on equity of about 10.0%; Societe Generale delivers 9.5%, so the price asks more than the business earns today.
Credit Societe Generale has 119 bonds outstanding ($112B), rated BBB by the agencies and trading like BBB at a weighted spread of 139 bp.
Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €75.5B | €89.1B | €94.7B | €83.7B | €45.9B |
| Revenue growth | — | -6% | +13% | +82% | — |
| Net income | €5.72B | €5.28B | €3.48B | €1.74B | €1.23B |
| Free cash flow | -€24.2B | -€55.7B | -€14.8B | €20.3B | €25.9B |
| Capital expenditure | €8.77B | €9.36B | €11.4B | €11.9B | €9.58B |
| Total debt | n/a | €295B | €309B | €323B | €309B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Societe Generale GLE.PA | $52.0B | -5% | +9% | 9% | 0.78× | 10.0% |
| BNP Paribas BNP.PA | $114B | 0% | +8% | 11% | 0.84× | 10.4% |
| Credit Agricole ACA.PA | $53.7B | -8% | -1% | 9% | 0.68× | 8.1% |
| Deutsche Bank Aktiengesellschaft DBK.DE | $65.0B | +15% | 0% | 10% | 0.87× | 8.6% |
| Barclays BARC.L | $75.1B | +1% | +7% | 11% | 0.88× | 13.5% |
| UniCredit UCG.MI | $130B | +6% | +2% | 17% | 1.77× | 25.8% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | GLE.PA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.1% | +0.5% | 8th highest of 21 |
| 6-month return | -4.5% | +9.9% | 2nd lowest of 21 |
| Return on equity | 9.5% | 13.7% | 4th lowest of 21 |
| Price / book | 0.78× | 1.73× | 3rd cheapest of 21 |
| Trailing P/E | 8.5× | 12.9× | 4th cheapest of 21 |
| ROE the price implies | 10.0% | 13.8% | 8th least demanding of 21 |
| ROE delivered | 9.5% | 13.9% | 3rd lowest of 20 |
| Bond spread | 139 bp | 79 bp | widest of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Societe Generale GLE.PA | France | $52.0B | -5% | +9% | 9% | 0.78× | 10.0% | 9.5% |
| Kotak Mahindra Bank KOTAKBANK.NS | India | $50.5B | +27% | +12% | 12% | 2.45× | 29.5% | 11.8% |
| DNB Bank DNB.OL | Norway | $50.0B | +16% | -8% | 15% | 1.76× | 11.2% | 15.1% |
| United Overseas Bank U11.SI | Singapore | $47.6B | 0% | -10% | 10% | 1.23× | 9.2% | 9.8% |
| Swedbank SWED-A.ST | Sweden | $46.0B | +25% | -5% | 14% | 2.09× | 13.2% | 14.3% |
| National Bank of Canada NA.TO | Canada | $59.3B | +4% | +8% | 14% | 2.62× | 20.1% | 14.3% |
| Standard Chartered STAN.L | United Kingdom | $60.9B | +14% | -10% | 13% | 1.37× | 16.9% | 12.8% |
| Axis Bank AXISBANK.NS | India | $43.6B | +2% | +7% | 14% | 1.78× | 25.1% | 13.9% |
| Nordea Bank Abp NDA-FI.HE | Finland | $62.3B | +6% | +3% | 15% | 1.77× | 14.6% | 14.9% |
| NatWest NWG.L | United Kingdom | $62.3B | +4% | +3% | 16% | 1.21× | 15.8% | 15.9% |
| Skandinaviska Enskilda Banken SEB-A.ST | Sweden | $42.9B | +20% | -8% | 14% | 1.80× | 9.5% | 13.5% |
| Danske Bank A/S DANSKE.CO | Denmark | $42.4B | +11% | +8% | 14% | 1.68× | 6.1% | 14.1% |
| Boc Hong Kong 2388.HK | Hong Kong | $67.4B | +13% | -8% | 12% | 1.47× | 8.1% | 11.8% |
| China CITIC Bank 601998.SS | China | $71.5B | +9% | -6% | 9% | 0.67× | 2.5% | n/a |
| Lloyds Banking LLOY.L | United Kingdom | $73.7B | +2% | -2% | 14% | 1.37× | 17.2% | 14.3% |
| PKO Bank Polski PKO.WA | Poland | $36.5B | +18% | -2% | 20% | 2.56× | 31.9% | 20.1% |
| Ping An Bank 000001.SZ | China | $34.4B | +3% | -9% | 9% | 0.48× | 3.6% | 9.0% |
| Svenska Handelsbanken SHB-A.ST | Sweden | $32.6B | +23% | -14% | 12% | 1.68× | 9.0% | 12.2% |
| ANZ ANZ.AX | Australia | $84.2B | +17% | -5% | 8% | 1.71× | 14.4% | 8.3% |
| Itau Unibanco Holding S.A. Sponsored ADR Pfd ITUB | United States | $84.9B | -12% | +8% | 22% | 1.84× | 11.8% | 21.7% |
| National Australia Bank NAB.AX | Australia | $86.2B | +9% | -8% | 10% | 2.02× | 20.2% | 10.0% |
Societe Generale has 119 bonds outstanding with $112B face value. The agencies rate it BBB; its bonds trade like BBB. Weighted yield 5.29%, a spread of 139 bp over government bonds.