BofA expects solid third-quarter results for Societe Generale stock
Published on 10/22/2026 at 09:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSResults and capital measures
- BofA forecast solid third-quarter results on October 19, 2026.
- Second-quarter revenue rose 4.50 percent year over year and the cost/income ratio was 58.60 percent.
- Societe Generale stock trades at EUR 60.69 at 9:37 a.m. CEST at Lang & Schwarz on October 22, 2026, 2.96 percent below the Xetra close of October 21, 2026.
- Third-quarter and nine-month 2026 results are scheduled for October 29, 2026.
Societe Generale (FR0000130809) stock is trading at EUR 60.69 at Lang & Schwarz on October 22, 2026 at 9:37 a.m. CEST, down 2.96 percent versus the Xetra close of October 21, 2026 at EUR 62.54. According to MarketScreener on October 19, 2026, BofA expected solid third-quarter results, supported by improving net interest income in French retail banking. The October 29 reporting date gives that forecast a concrete test.
BofA's third-quarter view
The bank entered the reporting period with stronger operating figures from the second quarter. Societe Generale said in its October 1, 2026 information note that second-quarter revenue increased 4.50 percent year over year and 6.10 percent at constant perimeter and exchange rates.
The same note put the second-quarter cost/income ratio at 58.60 percent and return on tangible equity at 12.20 percent. French Retail, Private Banking and Insurance revenue reached EUR 2.60 billion, up 12.60 percent year over year, while net interest income in that business rose 14.90 percent, according to Societe Generale.
Three dates shape the story
The recent sequence combines earnings, capital actions and the analyst view. On July 30, 2026, first-half net income reached EUR 3.50 billion, up 13.90 percent year over year, according to Ideal Investisseur. On September 23, 2026, the bank disclosed the cancellation of 11,636,439 treasury shares. On October 19, 2026, BofA's third-quarter assessment became the latest dated analyst signal.
What does second-quarter profitability mean?
The figures leave management with a measurable earnings hurdle. A 12.20 percent second-quarter return on tangible equity stood above the upgraded full-year target of 11.00 percent, while the cost/income ratio remained below the 60.00 percent full-year goal. The counterweight is credit risk: the bank reported a second-quarter net cost of risk of 27 basis points and expects 25 to 30 basis points for 2026.
What comes next for Societe Generale?
The next substantiated dates are October 29, 2026, for third-quarter and nine-month results, and February 4, 2027, for fourth-quarter and full-year 2026 results, both listed in the bank's information note.
Stock price sets the near-term frame
At EUR 60.69, the Lang & Schwarz quote is EUR 1.85 below the Xetra close of October 21, 2026. The primary listing is on Euronext Paris, where the stock's latest quoted price was EUR 60.86 at 7:29 a.m. CEST on October 22, 2026, according to the market data snapshot.
The further course of trading is shown by the continuously updated real-time quote of Societe Generale stock.
Societe Generale stock facts
- Company: Société Générale S.A.
- ISIN: FR0000130809
- Ticker: GLE.PA
- Primary exchange: Euronext Paris
- Price Lang & Schwarz (as of October 22, 2026, 9:37 a.m. CEST): EUR 60.69
- Change versus Xetra close: minus 2.96 percent
- Xetra close (October 21, 2026): EUR 62.54
- Market capitalization: EUR 44.1 billion (as of October 22, 2026)
- 52-week range: EUR 52.38-84.78 (as of October 22, 2026)
- Sector / Industry: Financial Services / Banks - Regional
Market context: Market report CAC 40.
