Globenewswire·2026-02-06 05:25Core Insights - Societe Generale achieved record revenues of EUR 27.3 billion in 2025, representing a 6.8% increase compared to 2024, exceeding the annual target of over 3% growth [1][5] - The Group's net income reached a record EUR 6 billion in 2025, marking a 43% increase from 2024, with a return on tangible equity (ROTE) of 10.2% [1][17] - Total distribution to shareholders for 2025 amounted to EUR 4.7 billion, a significant increase of 169% compared to 2024 [1][20] - The ROTE target for 2026 has been upgraded to more than 10% [1] Financial Performance - The Group's net banking income for Q4 2025 was EUR 6.725 billion, up 1.6% from Q4 2024, and 6.8% excluding asset disposals [7][8] - Operating expenses decreased by 5.5% in Q4 2025 compared to Q4 2024, leading to a cost-to-income ratio of 64.6% for the quarter [13][30] - The cost of risk for 2025 was 26 basis points, at the lower end of the guidance range of 25 to 30 basis points [14][18] Business Segments - French Retail, Private Banking, and Insurance revenues increased by 4.6% in Q4 2025 compared to Q4 2024, with net interest income growing by 8.5% [9][27] - Global Banking and Investor Solutions reported revenues of EUR 2.408 billion in Q4 2025, a decrease of 2.3% from Q4 2024, but an overall increase of 2.6% for the year [10][29] - Mobility, International Retail Banking, and Financial Services saw revenues of EUR 1.966 billion in Q4 2025, down 4.9% from Q4 2024, but up 7.3% for the year [31][33] Shareholder Returns - The proposed ordinary distribution for 2025 is EUR 2.679 billion, with a cash dividend of EUR 1.61 per share, representing a 48% increase compared to 2024 [19] - The Group also executed two extraordinary capital distributions totaling EUR 2 billion through share buy-backs in 2025 [20] Strategic Outlook - The Group aims for revenue growth of over 2% and a cost reduction of approximately 3% in 2026, targeting a cost-to-income ratio of less than 60% [18] - The Group's CET1 ratio stood at 13.5% at the end of 2025, significantly above the regulatory requirement [23][26]