Societe Generale sets 2029 targets with cost base under €16.3B
Societe Generale announced 2029 targets including a cost base below €16.3B, revenue CAGR ~3% (2026e-2029), RWA CAGR ~2%, and expected net cost of risk of 25—30bps.
3B, revenue CAGR of about 3% for 2026e-2029, RWA CAGR of about 2%, and an expected net cost of risk of 25—30bps.