Business
Societe Generale Raises 2026 Profitability Target
Societe Generale GLE -2.21%decrease; red down pointing triangle raised its profitability target for this year, projecting higher revenue and lower costs, after reporting a stronger net profit for the fourth quarter.
The French bank said Friday that it expects a return on tangible equity—a key profitability metric for banks—of more than 10% this year, up from a previous target range of 9% to 10%.
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