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Societe Generale SA (SOGN.PA)

SOGN.PA on Paris Stock Exchange

35.25EUR
20 Aug 2018
Change (% chg)

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€35.25
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4,134,416
52-wk High
€49.87
52-wk Low
€34.81

Latest Key Developments (Source: Significant Developments)

Komercni Banka confirms outlook of broadly flattish 2018 revenue
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - Komercni Banka as ::KOMERCNI BANKA CFO REITERATES BROADLY FLATTISH 2018 REVENUE GUIDANCE.  Full Article

Komercni Banka reports higher Q2 profit, confirms dividend outlook
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - Komercni Banka as ::KOMERCNI BANKA SAYS H1 RECURRING NET PROFIT CZK 6.8 BILLION.KOMERCNI BANKA SAYS H1 ATTRIBUTABLE NET PROFIT CZK 6.75 BILLION, DOWN 12.3 PERCENT.KOMERCNI BANKA Q2 ATTRIBUTABLE NET PROFIT CZK 3.76 BILLION VERSUS CZK 3.41 BILLION SEEN IN REUTERS POLL.KOMERCNI BANKA Q2 NET BANKING INCOME CZK 7.83 BILLION VERSUS CZK 7.68 BILLION SEEN IN REUTERS POLL.KOMERCNI BANKA Q2 COST OF RISK CZK 319 MILLION.KOMERCNI BANKA SAYS LENDING VOLUME EXPANDED 4.2 PERCENT Y/Y IN H1.KOMERCNI BANKA SAYS MANAGEMENT EXPECTS THE ANNUAL GROWTH RATE OF THE LOAN PORTFOLIO IN 2018 WILL REMAIN IN THE MID- TO LOW- SINGLE DIGITS.KOMERCNI BANKA SAYS LOAN GROWTH IN 2018 WILL BE SOMEWHAT FASTER THAN THE 2% PACE ACHIEVED IN 2017.KOMERCNI BANKA SAYS BUSINESS LENDING MAY NOT GROW MUCH, GIVEN INCREASING BOND ISSUANCE AND INTENSE COMPETITION, AS WELL AS STILL-ABUNDANT LIQUIDITY AT MANY COMPANIES.KOMERCNI BANKA SAYS TOTAL DEPOSITS WILL PROBABLY GROW FASTER THAN LOANS.KOMERCNI BANKA SAYS TOTAL NET OPERATING INCOME FOR 2018 SHOULD END AT A SIMILAR LEVEL AS IN 2017.KOMERCNI BANKA SAYS EXPECTS TO PAY 65% OF 2018 CONSOLIDATED NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS IN DIVIDENDS.  Full Article

OTP Bank says signed deal to buy SocGen's Bulgarian unit
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - Hungary's OTP Bank says in statement on Budapest Stock Exchange web site::SIGNED DEAL WITH SOCIETE GENERALE <<>> TO ACQUIRE SOCGEN'S BULGARIAN SUBSIDIARY.EXPECTS TO CLOSE TRANSACTION TO TAKE OVER SOCGEN'S BULGARIAN UNIT BY Q4.AGREED TO PROVIDE MUTUAL SERVICES WITH SOCGEN IN ALBANIA, BULGARIA, CROATIA AND HUNGARY.  Full Article

Car leasing group ALD buys Spain's Reflex Alquiler Flexible de Vehículos
Monday, 2 Jul 2018 

July 2 (Reuters) - ALD SA ::* Acquisition of Reflex Alquiler Flexible de Vehículos, S.A., totalling c. 2,000 vehicles, strengthening ALD’s flexible renting offering in Spain .  Full Article

SocGen CEO Says Expects To Reach Settlements Over LIA And Ibor Cases Within Days
Wednesday, 23 May 2018 

May 23 (Reuters) - Societe Generale SA ::SOCGEN CEO SAYS HOLDS ACTIVE DISCUSSIONS WITH THE RELEVANT AUTHORITIES TO REACH A SETTLEMENT ON THE LIA AND IBOR CASES WITHIN THE COMING DAYS.  Full Article

Societe Generale nearing an agreement to pay about $1 bln to resolve two U.S. probes- Bloomberg
Wednesday, 2 May 2018 

May 2 (Reuters) - :SOCIETE GENERALE SA IS NEARING AN AGREEMENT TO PAY AS MUCH AS $1 BILLION TO RESOLVE TWO U.S. PROBES- BLOOMBERG CITING SOURCES.  Full Article

Komercni Banka AGM approves dividend of CZK 47/share
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Komercni Banka as ::KOMERCNI BANKA AGM APPROVES DIVIDEND OF CZK 47/SHARE.  Full Article

Goldman, Barclays Interested In Buying Commerzbank's ETF Unit- Handelsblatt‍​
Thursday, 25 Jan 2018 

Jan 25 (Reuters) - :GOLDMAN, BARCLAYS, SOCIÉTÉ GÉNÉRALE HAVE EXPRESSED INTEREST IN BUYING EQUITIES AND COMMODITIES DIVISION OF COMMERZBANK- HANDELSBLATT, CITING SOURCES‍​.  Full Article

SocGen to book 456 mln eur additional charges in Q4
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Societe Generale Sa ::‍US TAX REFORM (TAX CUTS AND JOBS ACT) ENACTED ON 22 DECEMBER 2017 REDUCED STATUTORY RATE OF US FEDERAL CORPORATE TAX RATE TO 21% WITH IMMEDIATE EFFECT FROM JANUARY 2018​.‍SHORT TERM ACCOUNTING IMPACT OF THIS CHANGE IN RATE AND VALUATION OF DEFERRED TAX ASSETS OF US TAX GROUP WILL RESULT IN A CHARGE OF USD -307 MILLION ((1)) TO BE RECORDED IN Q4 17​.SAYS GOT RECEIPT OF A PROPOSAL FOR RECTIFICATION FOLLOWING A TAX AUDIT OF FRENCH TAX ADMINISTRATION ON VARIOUS OPERATING TAXES AND FINANCIAL CONSEQUENCES OF JUDGMENT OF PARIS COURT OF APPEAL OF 21 DECEMBER 2017 RESULT IN A CHARGE OF AROUND EUR -200 MILLION IN OPERATING EXPENSES IN Q4 17​.SAYS ‍THESE ITEMS WILL NOT AFFECT DIVIDEND POLICY PREVIOUSLY COMMUNICATED​.  Full Article

Cegedim ‍Sells Cegelease Business to Société Générale​
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - CEGEDIM SA ::‍SALE OF CEGELEASE BUSINESS​.DEAL IS EXPECTED TO CLOSE DURING Q1 OF 2018.GROUP IS NOT PLANNING ANY OTHER DIVESTMENT.SIGNS A SALES AGREEMENT WITH SOCIÉTÉ GÉNÉRALE.SALE PRICE IS EUR 57.5 MILLION, PLUS REIMBURSEMENT OF SHAREHOLDER'S LOAN ACCOUNT, WHICH AMOUNTED TO EUR 13 MILLION ON JUNE 30..WILL USE EUR 30 MILLION TO PAY DOWN ITS DEBT.  Full Article

Italy - Factors to watch on Aug. 8

The following factors could affect Italian markets on Wednesday.