Société Générale reported a record first-half 2026 net income of €3.5 billion, up 13.9% from the same period last year, and raised its full-year return on tangible equity target to around 11%. The bank also announced an exceptional €1.5 billion share buyback and a 23% increase in its interim dividend to €0.751 per share. Group revenues rose 2.4% to €14.2 billion, while costs fell 5.0%, driving a cost-to-income ratio of 59.7%. The CET1 ratio stood at 13.2% at end-June, about 290 basis points above regulatory requirements. Second-quarter net income reached a record €1.79 billion, with revenues up 4.5% and costs down 4.1%.
Societe Generale S.A.Record net income, raised profitability target, share buyback, and dividend increase