Understanding our third quarter 2019 results

Frédéric Oudéa's editorial

Once again this quarter, we have achieved results very much in line with our objectives and priorities. We continued to strengthen our capital, with a substantial increase in the CET1 ratio to 12.5%. We have already provisioned a dividend per share of EUR 1.65 in respect of the first 9 months of 2019, corresponding to 75% of EUR 2.20. We are also making satisfactory progress in the adaptation of the businesses and our business model. The underlying profitability of our tangible equity (ROTE) stood at 8.1% for the first nine months of the year. Finally, Societe Generale has confirmed its position as a leading bank in combating climate change.

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News

eCAC40 Awards 2019: Societe Generale again ranked first bank in digital transformation maturity

This year again, and for the sixth consecutive year, Societe Generale is in the small circle of the most mature CAC 40 companies in terms of digital transformation. The 2019 eCAC40 Awards* recognised Societe Generale as 1st bank and 4th of the most advanced CAC 40 companies in terms of digital maturity. In addition, Societe Generale was awarded this year the “strategic continuity” Award for its digital transformation.

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Worldwide Partner of the Rugby World Cup 2019

With Rugby World Cup 2019 held from 20 September to 2 November, the Group reinforces its prestigious partnership status as a Worldwide Partner and Official Bank, which dates back to Rugby World Cup 1991. With the tournament in Japan now over, Societe Generale continues to bring people together and encourages all to celebrate the biggest rugby event in the world!

Follow all the Rugby World Cup news

Societe Generale reinforces its commitments to building a more sustainable future

Societe Generale is a Founding Signatory of the Principles for Responsible Banking and joins the Collective Commitment on Climate. As a demonstration of this commitment, the Group is making a new commitment of raising €120 billion for the energy transition between 2019 and 2023, of which €100 billion in sustainable bonds issues and €20 billion dedicated to the renewable energy sector through advisory and financing.

read the press release on our new commitments

Positives transformations

Best bank worldwide for the environment

RobecoSAM's annual sustainability ranking puts Societe Generale in 1st place worldwide on environmental matters and 6th place in Europe for all ESG (Environmental, Social and Governance) factors, out of the 175 banks analysed. “These results are proof of our determination to incorporate our CSR policy into the Group’s strategy to continue making a positive contribution in meeting environmental and social challenges,” Diony Lebot, Societe Generale Group's Deputy CEO

Find out more about the RobecoSAM sustainability ranking

Enel electrifies sustainability market with inaugural green-linked bond and swap

Societe Génerale supported Enel, the leading Italian energy company, in raising US$1.5bn for sustainable development from an innovative “green”bond that breaks new ground for environmental financing.

Find out more about Enel and the green-linked bond

Commitments

Promoting gender equality

For the second year in a row, Societe Generale is among the top 3 French banks in the international ranking by the NGO Equileap on gender equality. Once again, it recognises our Group’s policy which aims to promote diversity.

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27/08/2019

Measuring our performance

Find below our previous Letters to Shareholders

Date Title Link
February 2019 Letter to Shareholders #114 - Understanding our Annuals Results 2018 Go to the page
Mai 2019 Letter to Shareholders #115 - Understanding our Q1 2019 Results Go to the page
June 2019 Letter to Shareholders #116 - Annual General Meeting held on 21 May 2019 Download PDF
August 2019 Letter to Shareholders #117 - Understanding our Q2 2019 Results Go to the page
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