Societe Generale raises 2026 profit target after strong retail performance offsets trading slump

The bank beat quarterly forecasts and raised its 2026 profit goal. Strong retail sales and cost cuts helped offset a notable drop in trading revenue today.

洞察:
Societe Generale reported today, 6 February 2026, that its fourth-quarter group net income reached €1.42 billion, surpassing analyst forecasts and marking a 36 percent increase year-on-year. The result was bolstered by significant cost cuts and stronger sales within the retail bank (Societe Generale) , which helped offset a decline in revenue from the investment banking division (Societe Generale) . Under the leadership of Slawomir Krupa slawomir krupa, the lender in France FRFR has also raised its 2026 return-on-tangible-equity target to above 10 percent, a move that fundamentally alters its near-term profitability and shareholder return plans.
FILE PHOTO: The logo of French bank Societe Generale is seen outside a bank building in Paris, France, April 25, 2025. REUTERS/Stephanie Lecocq/File Photo
FILE PHOTO: The logo of French bank Societe Generale is seen outside a bank building in Paris, France, April 25, 2025. REUTERS/Stephanie Lecocq/File Photo
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