General presentation of Societe Generale
To help you with your analysis of Societe Generale shares, here is a detailed presentation of the company and its activities.
Founded in 1864, Société Générale is one of the major French banking groups. The group offers a wide range of banking and financial services for individuals, businesses and financial institutions. Société Générale's Net Banking Income (NBI) is divided into five major activities.
Corporate and investment banking is Société Générale's major source of income, accounting for 35.9% of NBI. This activity includes specialised financing such as acquisition and project finance, equity, interest rate, foreign exchange and commodity market interventions, equity transactions, as well as M&A advisory.
Retail banking in France is Société Générale's second most important activity, with a 31.5% share of NBI. This activity includes commercial banking services such as current accounts, credit cards and personal loans, as well as online banking and online brokerage services through the subsidiary Boursorama Banque.
International retail banking represents 18.4% of Societe Generale's NBI. This activity includes commercial banking services for individuals and companies in several foreign countries.
Specialised financial and insurance services abroad represent 14.1% of Société Générale's NBI. This activity includes consumer credit, leasing, car fleet management, equipment financing and insurance services in several foreign countries.
Finally, other activities represent a marginal 0.1% of NBI.
At the end of 2022, Société Générale managed €523.9 billion in deposits and €495.6 billion in loans. The geographical breakdown of NBI is as follows: 48.4% in France, 32.4% in Europe, 7.2% in America, 6.6% in Africa and 5.4% in Asia and Oceania.
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