Societe Generale, or SocGen, has not been able to generate a level of profitability ahead of its cost of capital since 2006, and we do not anticipate any changes that will position the bank to outearn its cost of capital on a consistent basis. Cost-cutting can potentially improve profitability, but there is also an inflexion point where further cost-cutting will result in damage to the franchise.
SocGen has bolstered its capital materially.
Socgen has not outearned its cost of capital for the better part of a decade.
|
Metric
|
SCGLY
|
ACA
|
BNP
|
|---|---|---|---|
Price/Earnings (Normalized) | 6.51 | 6.32 | 7.64 |
Price/Book Value | 0.29 | 0.58 | 0.66 |
Price/Sales | 0.44 | 1.81 | 1.07 |
Price/Cash Flow | 1.24 | 1.71 | 3.21 |
|
Metric
|
SCGLY
|
ACA
|
BNP
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
|
Metric
|
SCGLY
|
ACA
|
BNP
|
|---|---|---|---|
Return on Assets (Normalized) | 0.29% | 0.31% | 0.40% |
Return on Equity (Normalized) | 6.69% | 8.22% | 9.15% |
Return on Invested Capital (Normalized) | — | — | — |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| BNP Paribas ADR
BNPQY
| Ygvjwgrq | Hbb | $79.0 Bil | |||
| Intesa Sanpaolo ADR
ISNPY
| Wfbbqxmbz | Pbd | $72.4 Bil | |||
| PNC Financial Services Group Inc
PNC
| Qnmbmyd | Brgkrtg | $72.0 Bil | |||
| U.S. Bancorp
USB
| Fljlnvjmd | Jckw | $70.9 Bil | |||
| Truist Financial Corp
TFC
| Fqdrdmdpr | Bdfvxxw | $59.4 Bil | |||
| Itau Unibanco Holding SA ADR
ITUB
| Rqkcyvvlz | Dyhp | $55.1 Bil | |||
| Mizuho Financial Group Inc ADR
MFG
| Frttdwln | Jcmn | $53.7 Bil | |||
| Lloyds Banking Group PLC ADR
LYG
| Vpmdtpsb | Xmgcn | $48.6 Bil | |||
| NatWest Group PLC ADR
NWG
| Jgmdhtlq | Gjp | $38.6 Bil | |||
| Deutsche Bank AG
DB
| Njbly | Mxs | $30.5 Bil |
