SocGen released this morning its numbers for Q4 21. This was another good quarter for the company, easily beating consensus expectations. SocGen therefore reached a record-high level of net profit for FY2021. The level of capital is well above requirements enabling a more than decent dividend and the outlook for FY2022 looks bright as well (C/I ratio expected below expectations). We remain very positive on SocGen and will revise upwards our EPS for 2022 and 2023.
10 Feb 2022
Looking forward to 2022
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Looking forward to 2022
- Published:
10 Feb 2022 -
Author:
Farhad Moshiri | Sylvain Perret -
Pages:
2
SocGen released this morning its numbers for Q4 21. This was another good quarter for the company, easily beating consensus expectations. SocGen therefore reached a record-high level of net profit for FY2021. The level of capital is well above requirements enabling a more than decent dividend and the outlook for FY2022 looks bright as well (C/I ratio expected below expectations). We remain very positive on SocGen and will revise upwards our EPS for 2022 and 2023.