AllAnalyst Report
logoMorningstarNovember 19, 2022

Société Générale Société anonyme: Good Underlying Performance at Societe Generale in Q2, but Loss on Russia Disposal Bites

Symbols
SCGLY
Sector(s)
Financial Services
Rating
Current Price
$5.74
Fair Value
Economic Moat
Stewardship
Summary

Founded in 1884, Societe Generale is one of France's major banks. It was historically viewed as primarily a corporate and investment bank, but it has meaningful retail banking operations in France, Eastern Europe, Russia, and North Africa.

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Analyst Profile

Johann Scholtz

Equity Analyst
Johann Scholtz is an equity analyst for Morningstar, Holland B.V., a wholly owned subsidiary of Morningstar, Inc. He covers European banks. Before joining Morningstar in 2017, Scholtz spent 11 years covering various sectors in South Africa as a buy- and sell-side analyst.Scholtz holds a Bachelor of Commerce degree in Finance from Stellenbosch University. He holds the Chartered Financial Analyst® designation and he is a Chartered Accountant CA(SA).