Societe Generale, or SocGen, has not been able to generate a level of profitability ahead of its cost of capital since 2006, and we do not anticipate any changes that will position the bank to outearn its cost of capital on a consistent basis. Cost-cutting can potentially improve profitability, but there is also an inflexion point where further cost-cutting will result in damage to the franchise.
SocGen has bolstered its capital materially.
Socgen has not outearned its cost of capital for the better part of a decade.
|
Metric
|
GLE
|
ACA
|
BNP
|
|---|---|---|---|
Price/Earnings (Normalized) | 6.03 | 5.90 | 9.23 |
Price/Book Value | 0.27 | 0.54 | 0.56 |
Price/Sales | 0.41 | 1.69 | 1.17 |
Price/Cash Flow | 1.15 | 1.60 | 3.58 |
|
Metric
|
GLE
|
ACA
|
BNP
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
|
Metric
|
GLE
|
ACA
|
BNP
|
|---|---|---|---|
Return on Assets (Normalized) | 0.29% | 0.31% | 0.39% |
Return on Equity (Normalized) | 6.69% | 8.22% | 8.77% |
Return on Invested Capital (Normalized) | — | — | — |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| BNP Paribas ADR
BNPQY
| Jntnnznl | Yhc | $74.3 Bil | |||
| Intesa Sanpaolo ADR
ISNPY
| Hvjhgrsym | Hmrx | $68.4 Bil | |||
| PNC Financial Services Group Inc
PNC
| Dxyfprxl | Dzqxrn | $63.2 Bil | |||
| U.S. Bancorp
USB
| Ttqgssydh | Kmh | $62.4 Bil | |||
| Mizuho Financial Group Inc ADR
MFG
| Crrzkym | Thnxl | $54.4 Bil | |||
| Truist Financial Corp
TFC
| Dslmcxp | Wcltls | $52.9 Bil | |||
| Itau Unibanco Holding SA ADR
ITUB
| Vtfwyxhnm | Zmdc | $52.5 Bil | |||
| Lloyds Banking Group PLC ADR
LYG
| Bdrysndcb | Zwhzqs | $43.3 Bil | |||
| NatWest Group PLC ADR
NWG
| Rmlflgyjl | Jyx | $33.3 Bil | |||
| Deutsche Bank AG
DB
| Dyr | Bwjm | $32.3 Bil |
