Societe Generale SA
GLE: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| sf% | LOCK|Gj | LOCK|&!%?&Q |
Société Générale Earnings: Cost Discipline Fuels Substantial Earnings Growth
Société Générale delivered strong results, showing impressive cost management that contributed to a 30% quarter-over-quarter and 70% half-over-half increase in net income. The bank announced a share buyback program and an interim dividend. Shares rose 7% on the market open on July 31.
