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home / news releases / DB - Societe Generale - You Can't Shrink To Glory


DB - Societe Generale - You Can't Shrink To Glory

Societe Generale's (OTCPK: OTCPK:SCGLF) share price has recovered somewhat in recent months and is essentially flat since I last wrote on the stock in May (article here). This is better than European banks in aggregate, which are down 8% over the period, and is similar to the performance of SG's closest peer, BNP ( OTCQX: OTCQX:BNPQF).

However, the longer view is still very poor with SG down 6% year-to-date, against a 15% rally enjoyed by BNP, and down 31% over 1 year against BNP -17% and the European banking index -19%.

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Stock Information

Company Name: Deutsche Bank AG
Stock Symbol: DB
Market: NYSE

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