Page 4 - Underlying Group News Today

Societe Generale Turns To Profit In Q1 On Strong Net Banking Income Underlying Group net income was 1.30 billion euros, compared to prior years 98 million euros. Operating income for the quarter was 1.22 billion euros, while last years loss was 328 million euros. Net banking income climbed 20.8 percent to 6.25 billion euros from 5.17 billion euros a year ago, with a good performance in all the businesses particularly in Global Markets, Financial Services and Financing & Advisory. Copyright RTT ...