The technical chart pattern of stocks in Société Générale suggests a continuation of the underlying downward trend, which has already been in place for a number of trading sessions.
Strengths
● The company returns high margins, thereby supporting business profitability.
● The group usually releases upbeat results with huge surprise rates.
● The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
● This company will be of major interest to investors in search of a high dividend stock.
Weaknesses
● According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
● For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
● For the past year, analysts have significantly revised downwards their profit estimates.
● The technical configuration over the long term remains negative on the weekly chart below the resistance level at 27.04 EUR
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Société Générale is one of the largest French banking groups. Net interest income breaks down by activity as follows:
- financing and investment banking (37.2%): specialized financing (for acquisitions, projects, etc.), activity on the stock, interest rate, currency exchange, and raw material markets, brokerage operations, merger-acquisition consulting, commercial banking activities, etc.;
- retail banking in France (31.8%; SG). The group also develops asset management and private banking activities (EUR 154 billion in assets under management in 2024), and provides insurance services, online banking and online brokerage services (Boursorama Banque) as well as an economic and financial information Website (boursorama.com);
- provision of specialized financial and insurance services (15.8%): consumer loan, leasing, management of car fleets, professional equipment financing and insurance;
- international retail banking (15.2%).
At the end of 2024, Société Générale managed EUR 525 billion in current deposits and EUR 454.6 billion in current credits.
Net interest income is distributed geographically as follows: France (41.5%), Europe (36%), Americas (9.4%), Africa (7.5%) and Asia and Oceania (5.6%).
