Company Profile
Société Générale is one of the largest French banking groups. Net interest income breaks down by activity as follows:
- financing and investment banking (36.8%): specialized financing (for acquisitions, projects, etc.), activity on the stock, interest rate, currency exchange, and raw material markets, brokerage operations, merger-acquisition consulting, commercial banking activities, etc.;
- retail banking in France (30.7%; SG). The group also develops asset management and private banking activities (EUR 143 billion in assets under management in 2023), and provides online banking and online brokerage services (Boursorama Banque) as well as an economic and financial information Website (boursorama.com);
- provision of specialized financial and insurance services (16.5%): consumer loan, leasing, management of car fleets, professional equipment financing and insurance;
- international retail banking (16%).
At the end of 2023, Société Générale managed EUR 533.8 billion in current deposits and EUR 485.4 billion in current credits.
Net interest income is distributed geographically as follows: France (40.2%), Europe (37.4%), the Americas (8.3%), Africa (8%) and Asia/Oceania (6.1%).
- financing and investment banking (36.8%): specialized financing (for acquisitions, projects, etc.), activity on the stock, interest rate, currency exchange, and raw material markets, brokerage operations, merger-acquisition consulting, commercial banking activities, etc.;
- retail banking in France (30.7%; SG). The group also develops asset management and private banking activities (EUR 143 billion in assets under management in 2023), and provides online banking and online brokerage services (Boursorama Banque) as well as an economic and financial information Website (boursorama.com);
- provision of specialized financial and insurance services (16.5%): consumer loan, leasing, management of car fleets, professional equipment financing and insurance;
- international retail banking (16%).
At the end of 2023, Société Générale managed EUR 533.8 billion in current deposits and EUR 485.4 billion in current credits.
Net interest income is distributed geographically as follows: France (40.2%), Europe (37.4%), the Americas (8.3%), Africa (8%) and Asia/Oceania (6.1%).
Source: Cofisem - Last Update: 2024-03-22
Key Executives
| Chief Executive Officer | |
| Deputy CEO | |
| Deputy CEO | |
| Group Operations Director | |
| Chief Financial Officer | |
| Chief Human Resources Officer | |
| Chief Risk Officer | |
| Chief Communication Officer | |
| Chief Compliance Officer |
Source: Cofisem - Last Update: 2024-03-22
Key Figures
| Millenium | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Net banking income | 25,104 | 27,155 | 25,798 | 22,113 | 24,671 |
| General operating costs | 18,524 | 17,994 | 15,945 | 15,110 | 16,240 |
| Gross Operating Income | 6,580 | 9,161 | 8,208 | 5,399 | 6,944 |
| Cost of risk | -1,025 | -1,647 | -700 | -3,306 | -1,278 |
| Operating profit | 5,555 | 7,514 | 7,508 | 2,093 | 5,666 |
| Equity-accounted companies contribution to income | 24 | 15 | 6 | 3 | -129 |
| Current profit before tax | 5,128 | 4,239 | 8,035 | 1,400 | 5,210 |
| Net income | 3,449 | 2,756 | 6,338 | 196 | 3,946 |
| Net income (Group share) | 2,493 | 1,825 | 5,641 | -258 | 3,248 |
| Fiscal year end | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Length of fiscal year (month) | 12 | 12 | 12 | 12 | 12 |
| Currency & Unit | EUR - millions | EUR - millions | EUR - millions | EUR - millions | EUR - millions |
| Account Standards | IFRS | IFRS | IFRS | IFRS | IFRS |
Source: Cofisem - Last Update: 2024-03-22
Shareholder information
| Amundi | |
| Group-owned stock | |
| BlackRock, Inc. | |
| BNPP AM | |
| Caisse des Dépôts et Consignations (CDC) | |
| Free float | |
| Employees | |
| The Capital Group Companies, Inc. |
Source: Cofisem - Last Update: 2024-03-22
Address
Contact
Hans van Beeck
Phone number: 25741818
investor.relations@socgen.com
Phone number: 25741818
investor.relations@socgen.com
Source: Société Générale - Last Update: 2024-03-22
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