Revenues (net of liabilities re-evaluated and DVA) were rather in line with expectations (€6,026m). So were operating expenses. Provisions being 4.5% lower than expected, PBT is 6% higher than expectations (at €1,477m). The CET1 ratio is now 10.5% (10bp higher than in Q2 15).
05 Nov 2015
Good results in the stable retail banking divisions
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Good results in the stable retail banking divisions
Societe Generale S.A. Class A (GLE:WBO) | 0 0 0.9% | Mkt Cap: 37,685m
- Published:
05 Nov 2015 -
Author:
Farhad Moshiri -
Pages:
2
Revenues (net of liabilities re-evaluated and DVA) were rather in line with expectations (€6,026m). So were operating expenses. Provisions being 4.5% lower than expected, PBT is 6% higher than expectations (at €1,477m). The CET1 ratio is now 10.5% (10bp higher than in Q2 15).