Societe Generale reported strong financial results for the third quarter of 2025 with a net income of EUR 1.52 billion, up 11.3% from the same period in 2024. The Return on Tangible Equity (ROTE) was 10.7%, exceeding the target set for 2025. Group revenues increased by 8.1% to EUR 1.56 billion.

In the French Retail, Private Banking, and Insurance sector, net banking income was up 0.9% in Q3 25, reaching EUR 2.28 billion. Operating expenses decreased by 5.5%, resulting in a cost-to-income ratio of 65.7%. The cost of risk was at 33 basis points, lower than in Q3 24.

Global Banking and Investor Solutions saw a 1.6% increase in net banking income to EUR 2.47 billion in Q3 25. Operating expenses were down by 0.8%, with a cost-to-income ratio of 60.0%. The cost of risk was 13 basis points, a significant improvement from Q3 24.

Mobility, International Retail Banking, and Financial Services reported a 6.2% decrease in net banking income in Q3 25, totaling EUR 1.98 billion. Operating expenses fell by 17.3%, resulting in a cost-to-income ratio of 50.8%. The cost of risk was at 37 basis points.

The Corporate Centre reported a net banking income of -EUR 83 million in Q3 25. Operating expenses were at -EUR 70 million, resulting in a cost-to-income ratio of 0.0%. Net profits from other assets were EUR 67 million, leading to a group net income of -EUR 45 million.

Societe Generale’s financial structure remains strong, with a Common Equity Tier 1 ratio of 13.7%, well above regulatory requirements. The liquidity coverage ratio was at 147% at end-September 2025. The Group continues to focus on sustainable finance and creating value for all stakeholders.

Read more at GlobeNewswire: Societe Generale: Third quarter 2025 earnings