EPS upgrades on stronger trading income resilience
18/06/20 -"We have fine-tuned our forecasts. This has translated into upgrades driven by increased trading income generation (we no longer expect a loss this year) and slightly reduced cost of risk."
Pages
65
Language
English
Published on
18/06/20
You may also be interested by these reports :
10/03/26
In an earlier teaser on Société Générale (REDUCE; France), we argued that French banks suffered from an unjustified valuation discount fueled by ...
06/03/26
We have updated our model following the release of the group’s fourth-quarter results. As announced in our post-release comments, this has translated ...
05/03/26
The fourth quarter results showed accelerated de-risking but also sluggish market recovery. If the latest geopolitical developments are not expected ...
05/03/26
Since they peaked on 03-02-2026, European Banks have lost 10%, somewhat more than Insurers or Property. The following ytd chart confirms this ...