SCGLF News and Press, Societe Generle Ord From 02/08/24

2024-02-08 16:55:47 ET Summary Societe Generale delivered a paltry 1.7% RoTE in Q4 (2023: 4.2%). 2024 RoTE outlook is set at over 6%. The weak 2023 performance was largely due to lackluster results in the French Retail, Private Banking and Insurance division, as well as 720 millio...

2023-12-07 10:12:13 ET More on Société Générale Societe Generale Could Be A Value Trap Societe Generale: A Longer Than Expected Re-Rating Journey Societe Generale: 2026 RoTE Target Shows Structurally Lower Profitability, Still Attractive Risk-Rewa...

2023-11-30 17:44:19 ET Summary Societe Generale offers a high-dividend yield and low valuation, but weak fundamentals and poor earnings momentum justify its low price. The bank's recent earnings and strategic update showed a decline in revenues and poor operating performance. ...

2023-10-05 02:54:15 ET Summary Société Générale investors were not pleased with the company's growth targets. Here at the Lab, we positively view the new CEO's intention to reset expectations, but we believe the company's objectives are too conservative, given ...

2023-09-27 05:34:23 ET Summary The Flaherty & Crumrine Total Return Fund is a fixed-income fund that primarily invests in preferred stock. The fund has experienced disappointing performance due to rising interest rates, but its high current yield is attractive. FLC's lever...

2023-09-19 03:31:45 ET Summary Societe Generale unveils a 9-10% RoTE target for 2026 at its Investor Day, some 2.5% lower than peers. The new 40-50% payout ratio is set to be based on reported rather than underlying numbers from 2023, potentially lowering payouts. Basel IV imp...

2023-09-03 03:17:41 ET Summary Societe Generale continues to beat market expectations, and we expect a re-rating with the imminent new strategic plan. The bank confirmed the buyback (€440 million) and a tasty dividend per share, which is our downside protection. ALD and...

2023-08-10 00:33:54 ET Summary Societe Generale reported strong Q2 results, surpassing analyst expectations for both revenue and earnings. The bank announced an EUR 440 million share buyback program, indicating confidence in its financial position. The new CEO aims to focus on...

2023-08-08 10:26:49 ET On Tuesday, the Securities and Exchange Commission continued to bring charges in its wide-sweeping investigation into Wall Street firms' failures to maintain and preserve their employees' electronic communications on personal devices through such platforms as Whatsapp...

2023-07-27 18:00:00 ET Summary The investment portfolio I am presenting in today’s article includes 10 carefully selected dividend growth companies and 10 high dividend yield companies in addition to two ETFs. This portfolio provides you with a Weighted Average Dividend Yie...