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SocGen lifts annual targets after French retail rebounds

Societe Generale, France's third-largest listed bank, today raised its annual profit target after a strong rebound in its French retail business lifted second quarter results above expectations.

Business • 31 Jul

BNP Paribas cushions profit fall with retail boost

French bank BNP Paribas has today reported a smaller-than-expected drop in second-quarter profit after a jump in fixed income trading revenue and a rebound at its retail bank cushioned the impact of a higher tax burden in the US.

Business • 24 Jul

France's BNP Paribas is the euro zone's biggest bank by assets

BNP Paribas looks past tariff slowdown fears

France's BNP Paribas has today reported first-quarter earnings in line with expectations thanks to rising sales at its investment bank, and stuck with its profit forecasts despite a deteriorating economic outlook prompted by a global trade war.

Business • 24 Apr

SocGen's group net income for the three months ending in December more than doubled from a year earlier to €1.04 billion

Societe Generale doubles its quarterly profit

Societe Generale said it had doubled its fourth-quarter profit thanks to a retail bank rebound and strong equity trading, allowing the French lender to announce shareholder payouts at the high end of expectations.

Business • 06 Feb

Credit Agricole said its quarterly revenue came in at €7.1 billion, up 17%, and above an average forecast of €6.53 billion

Credit Agricole tops estimates in Q4, aided by Amundi

Credit Agricole, France's second-biggest listed bank, exceeded quarterly earnings forecasts today with a 27% jump in profit, driven by insurance and asset management even as gains in its investment banking business lagged rivals.

Business • 05 Feb

BNP Paribas shares buoyed as investment bank shines

France's BNP Paribas has today reported a forecast-beating jump in fourth-quarter net income as its investment bankers rode a surge in trading activity.

Business • 04 Feb

France's BNP Paribas is the euro zone's largest lender

BNP Paribas meets profit forecast due to investment bank

BNP Paribas said today that increased trading activity at its investment banking division helped it meet profit forecasts in the third quarter, after its consumer finance and car-leasing businesses disappointed.

Business • 31 Oct 24

France's BNP Paribas is the euro zone's biggest bank by market value

BNP Paribas beats estimates as trading revenues jump

France's BNP Paribas has today posted better-than-expected quarterly earnings after investment banking revenue jumped due to a surge in equities trading, offsetting a sharp drop in net interest income at its French retail business.

Business • 24 Jul 24

SocGen's net income over the first three months of the year was €680m - down 22% from a year earlier

SocGen's Q1 profit falls less than expected

French bank Societe Generale's net income fell less than expected in the first quarter, as profits on equity derivative sales offset weaknesses at its retail bank and in fixed-income trading.

Business • 03 May 24

BNP Paribas says lower costs offset slump in trading

BNP Paribas has today beaten first quarter profit forecasts as lower expenses and a decent performance in global banking helped offset a steep fall in its fixed income trading.

Business • 25 Apr 24

Societe Generale is France's third-biggest listed bank

SocGen's quarterly sales miss estimates

Societe Generale, France's third-biggest listed bank, missed market expectations on quarterly sales today, as a slump of its French retail added to earnings woes in spite of the resilient performance of its investment bank division.

Business • 03 Nov 23

France's BNP Paribas is the euro zone's biggest bank

BNP Paribas posts in-line Q3 profits as trading slows

BNP Paribas, the euro zone's biggest bank, has today posted in-line quarterly results, as a jump in corporate financing services offset a continued retreat in trading revenue.

Business • 26 Oct 23

SocGen said its group net income rose 5.7% from a year earlier to €868m for the three months ending in March

SocGen earnings beat estimates as bond trading shines

Société Générale, France's third-biggest listed bank, has posted better-than-expected quarterly earnings as turmoil in bond and currency markets boosted its trading business.

Business • 12 May 23

BNP's quarterly profit more than doubled in the first quarter from a year ago

BNP Paribas Q1 revenue beats as trading outperforms

BNP Paribas's first-quarter sales beat market expectations as trading business at the euro zone's biggest bank outperformed most of its peers, while it started to reap the benefits from rising interest rates.

Business • 03 May 23

SocGen's profit tops forecast but French operations lag

Societe Generale, France's third-biggest listed bank, today joined European rivals in posting a higher than expected net income in the third quarter as market volatility boosted trading revenues.

Business • 04 Nov 22

BNP Paribas posted a 44.9% rise in net income from a year ago to €2.31 billion

France's BNP beats profit estimates for fourth quarter

French lender BNP Paribas has today posted fourth-quarter net income that beat analysts' estimates on lower pandemic-related provisions.

Business • 08 Feb 22

Credit Agricole is France's second-biggest listed bank

Credit Agricole posts 64% jump in first quarter profit

France's second-biggest listed bank Credit Agricole has posted a 64% jump in net income in the first quarter as pandemic-related provisions for bad loans dropped while capital markets activities recorded a further quarterly rise.

Business • 07 May 21

SocGen has today posted a €814m net profit for the first quarter compared to a €326m loss a year ago

Rebound in trading boosts earnings at France's SocGen

Société Générale has today recorded a higher than expected first quarter profit as its equities unit rebounded from an earnings wipeout to post its best performance in six years.

Business • 06 May 21

French banks