Société Générale Société anonyme (OTCMKTS:SCGLY) Releases Quarterly Earnings Results

Société Générale Société anonyme (OTCMKTS:SCGLY) released its quarterly earnings results on Thursday. The financial services provider reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.01, Zacks reports. The firm had revenue of $7.20 billion for the quarter. Société Générale Société anonyme had a return on equity of 3.30% and a net margin of 9.04%.

Société Générale Société anonyme Stock Performance

SCGLY stock traded down $0.20 during trading on Friday, reaching $4.54. The stock had a trading volume of 268,926 shares, compared to its average volume of 303,050. Société Générale Société anonyme has a 52 week low of $4.32 and a 52 week high of $6.11. The stock’s 50 day moving average is $5.18 and its two-hundred day moving average is $5.24. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 3.73. The firm has a market cap of $18.23 billion, a PE ratio of 9.66, a PEG ratio of 0.10 and a beta of 1.43.

Société Générale Société anonyme Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 13th. Stockholders of record on Friday, May 24th were issued a dividend of $0.194 per share. The ex-dividend date of this dividend was Thursday, May 23rd. Société Générale Société anonyme’s payout ratio is currently 25.53%.

Société Générale Société anonyme Company Profile

Société Générale Société anonyme provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally. It operates through French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. It offers retail banking services, such as consumer credit, vehicle leasing and fleet management, online banking, wealth management, and equipment and vendor finance services; and insurance products, including home, vehicle, family, health, and mortgage insurance.