Societe Generale Records Historic Revenue and Net Income in 2025
On February 6, 2026, the banking group Societe Generale announced its annual results for the fiscal year 2025, revealing record levels of revenue and net income attributable to the group, along with an exceeding of the annual profitability target and a significant increase in shareholder distributions.
Financial Performance Overview
Throughout the fiscal year 2025, Societe Generale generated 27.3 billion euros in revenue, up 6.8% from 2024 excluding asset disposals. The net income attributable to the group reached 6.0 billion euros, an increase of 42.9% year-over-year, marking a record level for the group.
The return on tangible equity (ROTE) was 10.2%, or 9.6% excluding net gains on other assets, surpassing the annual target set at around 9%. The group noted that this performance was achieved in a context of cost control and risk management, with operational expenses down 6.1% year-on-year and an operating expense ratio of 63.6%, below the target of 65%.
The risk cost was 26 basis points for the year, at the lower end of the target range of 25 to 30 basis points.
Shareholder Distributions and Financial Stability
For the fiscal year 2025, Societe Generale announced a total distribution of 4.7 billion euros, compared to 1.7 billion euros in 2024, an increase of 169%. This distribution includes a regular distribution of 2.7 billion euros, comprising a cash dividend of 1.61 euros per share and share buybacks worth 1.5 billion euros, as well as two exceptional distributions in the form of additional share buybacks totaling 2 billion euros.
From a balance sheet perspective, the Common Equity Tier 1 (CET1) ratio stood at 13.5% as of December 31, 2025, approximately 320 basis points above the regulatory requirement. Liquidity indicators also remained high, with a Liquidity Coverage Ratio (LCR) of 144% and a Net Stable Funding Ratio (NSFR) of 116%.
Business Growth and Strategic Developments
In terms of business activity, Societe Generale reported growth in managed assets and balances across several divisions. BoursoBank had 8.8 million clients by the end of December 2025, surpassing the target of 8 million clients about 18 months ahead of the strategic plan presented in 2023. The private banking sector reported managed assets of 137 billion euros, up 9% year-over-year, while life insurance savings balances grew by 8% to reach 158 billion euros.
In the mobility sector, Ayvens achieved the targets set for 2025, with approximately 360 million euros in synergies realized, in line with announced goals.
For 2026, Societe Generale has indicated that it has raised its ROTE target to over 10%. The group plans to present the continuation of its strategy at its Capital Markets Day scheduled for September 21, 2026.
