Core Viewpoint - Societe Generale has appointed Jerome Niddam as the Chief Executive Officer for the Asia-Pacific region, indicating a strategic move to strengthen its leadership in this key market [1] Group 1 - Jerome Niddam will be based in Hong Kong, reflecting the importance of this location for the bank's operations in Asia [1] - He will report to Anne-Christine Champion and Alexandre Fleury, who are co-heads of Global Banking and Investor Solutions, highlighting the collaborative leadership structure within the bank [1] - Niddam will also become a member of the Group Management Committee, which signifies his elevated role and influence within the organization [1]

法国兴业银行上涨8%。 ...

智通财经7月31日电，法国兴业银行(Societe Generale)公布超预期盈利后股价大涨8%。 ...

Core Viewpoint - Société Générale has raised its target for tangible net asset return to approximately 9% by 2025, indicating a positive outlook for the company's financial performance and strategic direction [1] Group 1 - The new target reflects an increase from previous estimates, showcasing the company's confidence in achieving higher profitability [1] - This adjustment aligns with the broader trend in the banking sector, where institutions are focusing on improving returns amid competitive pressures [1] - The decision is expected to enhance investor sentiment and could lead to increased interest in the company's stock [1]

Societe Generale SA increased the amount of money it wants to return to investors and improved its profitability guidance, highlighting how it has turned a corner under Chief Executive Officer Slawomir Krupa. https://t.co/OqO8FP9bdJ ...

Group 1 - The core point of the article is that Société Générale reported a net profit of €1.45 billion in the second quarter, representing a year-on-year increase of 31% [1] Group 2 - The significant growth in net profit indicates strong performance and potential resilience in the banking sector [1] - The reported figures suggest effective cost management and possibly increased revenue streams contributing to the profit rise [1] - The year-on-year comparison highlights a positive trend in the company's financial health, which may attract investor interest [1]

法国兴业银行二季度净利润14.5亿欧元，同比+31%。 ...

Group Financial Performance - Group net income for H1 2025 reached EUR 3.1 billion, representing a 71% increase compared to H1 2024 [2][5][17] - Revenues for H1 2025 totaled EUR 13.9 billion, up 8.6% excluding asset disposals, exceeding the annual target of over 3% [5][11] - Operating expenses decreased by 2.6% in H1 2025 compared to H1 2024, ahead of the annual target of a decrease greater than 1% [5][12] - Cost-to-income ratio improved to 64.4% in H1 2025, below the initial target of less than 66% for the year [5][13] Shareholder Returns - The company announced a share buy-back program of EUR 1 billion, to commence on August 4, 2025 [5][19][20] - An interim cash dividend of EUR 0.61 per share will be paid on October 9, 2025, marking the introduction of a new distribution policy [5][18] Business Segment Performance - French Retail, Private Banking, and Insurance revenues increased by 6.5% in Q2 2025 compared to Q2 2024, with net interest income growing by 14.8% [8][29] - Global Banking and Investor Solutions reported revenues of EUR 2.6 billion in Q2 2025, up 0.7% year-on-year, driven by strong performance in Fixed Income and Currencies [9][42] - Mobility, International Retail Banking, and Financial Services saw revenues of EUR 2.0 billion in Q2 2025, up 7.2% compared to Q2 2024 [10][61] Cost Management - Operating expenses for Q2 2025 were EUR 4.3 billion, down 5.2% from Q2 2024, reflecting strong cost control measures [12][39] - The cost of risk remained low at 25 basis points in Q2 2025, below the target range of 25 to 30 basis points for the year [14][68] Capital and Liquidity - The Common Equity Tier 1 (CET1) ratio stood at 13.5% at the end of Q2 2025, significantly above the regulatory requirement [23][24] - The Liquidity Coverage Ratio (LCR) was 148% at the end of Q2 2025, indicating strong liquidity position [23][24]

Group 1 - The total number of shares composing the current share capital as of 28 July 2025 is 785,180,327 [2] - The total number of voting rights is reported as 874,777,040 [2] - This information is disclosed in compliance with the French Commercial Code and AMF General Regulations [1] Group 2 - Societe Generale is a leading European bank with approximately 119,000 employees serving over 26 million clients in 62 countries [3] - The bank has been operational for 160 years, providing a wide range of advisory and financial solutions [3] - Societe Generale emphasizes its commitment to environmental transition and sustainability, embedding ESG offerings across its business [4] Group 3 - The Group operates three complementary business segments: Retail, Private Banking and Insurance; Global Banking and Investor Solutions; and Mobility, International Retail Banking and Financial Services [7] - It is recognized in major socially responsible investment indices, including DJSI, FTSE4Good, and MSCI Low Carbon Leaders Index [4]

法国兴业银行股价上涨1.2%，触及2011年2月以来最高水平。 ...