Friday, February 6, 2026 at 7:00 AM
Societe Generale reported record revenues and net income for 2025, leading to an upgraded ROTE target for 2026, indicating improved profitability expectations.
The lender issued more ambitious targets for the period through 2028 and expects revenue to grow more than 5% a year.
The eurozone’s largest lender in terms of assets is banking on cost-cutting and profit-boosting initiatives to drive growth.
FedEx guided for higher annual revenue in fiscal 2029 as it prioritizes its higher-margin businesses.
The lender is looking to strike a balance between expanding its top and bottom lines while continuing to hand excess capital to shareholders.
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