Société Générale S.A. (SCGLF) Research

Société Générale S.A., established in Paris, France, in 1864, is a prominent banking and financial services group. It caters to a diverse clientele, including individuals, companies, and institutional investors, both within Europe and across global markets. The company's operations are divided into three main divisions: French Retail Banking, International Retail Banking and Financial Services, and Global Banking and Investor Solutions. Within its retail banking operations, which include brands like Societe Generale, Credit du Nord, and Boursorama, it delivers a range of offerings such as consumer loans, vehicle leasing, fleet management, and financing for professional equipment. Additionally, it provides various insurance products, covering home, auto, family, health, and mortgage needs. Beyond retail, Société Générale offers comprehensive corporate and investment banking services, encompassing securities, capital markets, investor solutions, financing, advisory services, asset management, and private banking. Its extensive suite of services also features security brokerage, equipment financing, cash management, payment processing, factoring, and supply chain finance. The group reaches its customers through an expansive network of 1,849 branches.

Market snapshot

Symbol
SCGLF
Price
$88.04
Day change
0.00%
Market cap
$56.9B
P/E ratio
7.60x
52-week range
55.17-90.75
Sector
Financial Services
Industry
Banks - Regional
Next earnings
in 1 month

Recent news

  • TNR Gold highlights royalty position as McEwen Copper taps Societe Generale for Los Azules financing

    TNR Gold Corp (TSX-V:TNR, FRA:TNW, OTC:TRRXF) said that McEwen Copper has retained Societe Generale as sole financial advisor for project debt financing at the Los Azules copper project in Argentina, a development the royalty holder called a significant step toward construction. TNR holds a 0.4% net smelter returns royalty on Los Azules, which is owned by McEwen Copper, a company 46.3% held by McEwen Mining Inc (TSX:MUX, NYSE:MUX).

  • French regulator fines SocGen $23 mln for failing to disclose information to retail customers

    A French financial regulator said on ​Monday it imposed a 20 million euro ($23.31 ‌million) fine on Societe Generale bank for failing to disclose crucial information to some of its ​retail customers.

  • Societe Generale takes on more crypto firms as clients, SG-FORGE CEO says

    French bank Societe Generale is taking on more crypto companies as customers and expects the use of stablecoins by its corporate clients to grow, SG-Forge CEO Jean-Marc Stenger told ​Reuters, although take-up so far is limited.

Peer companies

  • BOC Hong Kong (Holdings) Limited (BHKLY)
  • BOC Hong Kong (Holdings) Limited (BNKHF)
  • Commerzbank AG (CRZBY)
  • DNB Bank ASA (DNBBF)
  • DNB Bank ASA (DNBBY)
  • KBC Group N.V. (KBCSF)
  • Standard Chartered PLC (SCBFF)
  • Standard Chartered PLC (SCBFY)

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