{"id":48992,"date":"2021-08-03T11:38:09","date_gmt":"2021-08-03T07:38:09","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=48992"},"modified":"2021-08-03T11:38:11","modified_gmt":"2021-08-03T07:38:11","slug":"societe-generales-quarterly-profit-beats-expectations","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/societe-generales-quarterly-profit-beats-expectations\/08\/03\/market-updates\/","title":{"rendered":"Societe Generale&#8217;s Quarterly Profit Beats Expectations"},"content":{"rendered":"\n<p>France&#8217;s Societe Generale reported a net income of 1.44 billion euros (about $1.71 billion) for the second quarter of the year, buoyed by a recovery in retail banking in France.<\/p>\n\n\n\n<p>Analysts had expected a net profit of 704 million euros for the three-month period, according to Refinitiv data.<\/p>\n\n\n\n<p>The latest results come on the heels of a &#8220;record&#8221; quarter at the beginning of 2021, when the first-quarter profit was \u20ac814 million.<\/p>\n\n\n\n<p>It is noteworthy that the bank&#8217;s shares rose by 49% since the beginning of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>France&#8217;s Societe Generale reported a net income of 1.44 billion euros (about $1.71 billion) for the second quarter of the year, buoyed by a recovery in retail banking in France. Analysts had expected a net profit of 704 million euros for the three-month period, according to Refinitiv data. The latest results come on the heels &hellip;<\/p>\n","protected":false},"author":9,"featured_media":48993,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[7412],"class_list":["post-48992","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-societe-generale"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=48992"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48992\/revisions"}],"predecessor-version":[{"id":48994,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48992\/revisions\/48994"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/48993"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=48992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=48992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=48992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}