Understanding our 2013 Q4 & annual results

Frédéric Oudéa's editorial

2013 provided confirmation of the robustness of Societe Generale’s universal banking model, which was both resilient and a generator of growth, in a still challenging environment.

Net banking income amounted to EUR 22.8 billion, an increase of +4.3% compared with 2012. The cost savings plan already helped secure EUR 350 million in 2013. Group net income amounted to EUR 2.2 billion and virtually trebled compared with 2012.

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2013 Annual Results: key figures

  • EUR 22.8bn (+4.3%* vs. 2012)
    Group revenues

  • EUR 3.9bn** (+15.4% vs. 2012)
    Group net income

  • EUR 2.2bn (x 2.8 vs. 2012)
    Book Group net income


    *  When adjusted for changes in Group structure and at constant exchange rates. The variations for revenues excluding the effect of the revaluation of own financial liabilities disregard any currency impact of this revaluation.

  • EUR 1.00 per share
    Proposed dividend, paid in cash

  • 8.4%**
    Return on equity (ROE)

  • 10.0% Basel 3 Common Equity Tier 1 Ratio
    End-2013 target exceeded


    ** Excluding non-economic items (revaluation of own financial liabilities), legacy assets, and non-recurring items.

Results by business

The Group produced a good operating performance in all its businesses, with a solid revenue base that is evenly balanced between its three strategic pillars.

French Retail Banking
International Retail Banking & Financial Services
Global Banking & Investor Solutions
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Strategy: A new Private bank in France

Societe Generale is radically developing its private banking relationship model in France and extending its offer to a larger number of clients.

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Expert opinion: Emerging markets, looking for new momentum

At a time when the economic and financial situation in developed countries appears to be gradually improving in the US, the eurozone, the UK and Japan, new questions have arisen, this time from the emerging world. An analysis by Ariel Emirian, Economist at Societe Generale.

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CSR: Environmental efficiency rewarded at Societe Generale

Societe Generale, which since 2007 has embarked on a proactive process of reducing its CO2 emissions, was one of the first banks to introduce an internal carbon tax.

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Citizen Commitment: Financial education projects

To raise awareness among young people and adults about the challenges of balancing a budget and to promote understanding of banking products, Societe Generale employees around the world have developed various financial education initiatives.

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25/06/2019

Measuring our performance

Find below our previous Letters to Shareholders

Date Title Link
February 2019 Letter to Shareholders #114 - Understanding our 2018 Annuals Results Go to the page
Mai 2019 Letter to Shareholders #115 - Understanding our 2019 Q1 Results Go to the page
June 2019 Letter to Shareholders #116 - Annual General Meeting held on 21 May 2019 Download PDF
Date Title Link
November 2018 Letter to Shareholders #113 - Understanding our 2018 Q3 Results Go to the page
August 2018 Letter to Shareholders #112 - Understanding our 2018 Q2 Results Go to the page
June 2018 Letter to Shareholders #111 - Annual General Meeting held on 23 May 2018 Download PDF
May 2018 Letter to Shareholders #110 - Understanding our 2018 Q1 Results Go to the page
February 2018 Letter to Shareholders #109 - Understanding our 2017 Annuals Results Go to the page
Date Title Link
November 2017 Letter to Shareholders #108 - Understanding our 2017 Q3 Results Go to the page
August 2017 Letter to Shareholders #107 - Understanding our 2017 Q2 Results Go to the page
June 2017 Letter to Shareholders #106 - Annual General Meeting held on 23 May 2017 Download PDF
May 2017 Letter to Shareholders #105 - Understanding our 2017 Q1 Results Go to the page
February 2017 Letter to Shareholders #104 - Understanding our 2016 Annuals Results Go to the page
Date Title Link
November 2016 Letter to Shareholders #103 - Understanding our 2016 Q3 Results Go to the page
August 2016 Letter to Shareholders #102 - Understanding our 2016 Q2 Results Go to the page
June 2016 Letter to Shareholders #101 - Annual General Meeting held on 18 May 2016 Download PDF
May 2016 Letter to Shareholders #100 - Understanding our 2016 Q1 Results Go to the page
February 2016 Letter to Shareholders #99 - Understanding our 2015 Annual Results Go to the page
Date Title Link
November 2015 Letter to Shareholders #98 - Understanding our 2015 Q3 Results Go to the page
August 2015 Letter to Shareholders #97 - Understanding our 2015 Q2 Results Go to the page
June 2015 Letter to Shareholders #96 - Annual General Meeting held on 19 May 2015 Download PDF
May 2015 Letter to Shareholders #95 - Understanding our 2015 Q1 Results Go to the page
February 2015 Letter to Shareholders #94 - Understanding our 2014 annual Results Go to the page
Date Title Link
November 2014 Letter to Shareholders #93 - Understanding our 2014 Q3 Results Go to the page
August 2014 Letter to Shareholders #92 - Understanding our 2014 Q2 Results Go to the page
June 2014 Letter to Shareholders #91 - Annual General Meeting held on 20 May 2014 Download PDF
May 2014 Letter to Shareholders #90 - Understanding our 2014 Q1 Results Go to the page
February 2014 Letter to Shareholders #89 - Understanding our 2013 Q4 & annual Results Go to the page
Date Title Link
November 2013 Letter to Shareholders #88 - 2013 Q3 Results (in French only) Download PDF
August 2013 Letter to Shareholders #87 - 2013 Q2 Results (in French only) Download PDF
June 2013 Letter to Shareholders #86 - 2013 Q1 Results (in French only) Download PDF
February 2013 Letter to Shareholders #85 - 2012 Q4 & annual Results (in French only) Download PDF
Date Title Link
November 2012 Letter to Shareholders #84 - 2012 Q3 Results (in French only) Download PDF
August 2012 Letter to Shareholders #83 - 2012 Q2 Results (in French only) Download PDF
June 2012 Letter to Shareholders #82 - 2012 Q1 Results (in French only) Download PDF
February 2012 Letter to Shareholders #81 - 2011 Q4 & annual Results (in French only) Download PDF
Date Title Link
November 2011 Letter to Shareholders #80 - 2011 Q3 Results (in French only) Download PDF
August 2011 Letter to Shareholders #79 - 2011 Q2 Results (in French only) Download PDF
June 2011 Letter to Shareholders #78 - 2011 Q1 Results (in French only) Download PDF
March 2011 Letter to Shareholders #77 - 2010 Q4 & annual Results (in French only) Download PDF