Romania · Delayed Price · Currency is RON BRD - Groupe Société Générale Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 saw strong profitability, cost reductions, and robust capital and liquidity metrics, with French retail and BoursoBank delivering standout growth. Fixed income faced headwinds, but overall asset quality and risk management remain solid.
Fiscal Year 2025
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Strong lending and deposit growth, robust digital and sustainability initiatives, and resilient asset quality drove solid financial results in 2025, with net profit above EUR 1.5 billion and ROE at 17% excluding turnover tax.
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Strong nine-month results with 14% loan and 10% deposit growth, 6% higher net profit, and 16% ROE, despite macroeconomic and regulatory challenges. Digital and ESG initiatives advanced, while risk and capital metrics remained robust.
Fiscal Year 2024
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Strong lending and deposit growth, robust digital engagement, and improved market share drove a net result of RON 1.5 billion and ROE of 16.6% in 2024, despite new tax impacts. Liquidity and capital remain solid, with continued focus on green financing and digital transformation.
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Strong H1 2024 performance with lending up 14%, net profit at RON 700 million, and ROE at 16%. Asset quality remains robust, digital engagement is rising, and capital ratios are solid despite new taxes and regulatory changes.