A emblem outdoors a Societe Generale SA bank department in Paris, France.
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LONDON — French bank Societe Generale reported internet earnings that beat analyst expectations for the first quarter of 2021, getting a lift from a powerful efficiency in its world markets division.
Net earnings for the first quarter got here in at 814 million euros ($977 million), the lender mentioned Thursday. Analysts have been anticipating a internet earnings of 204 million euros.
The firm additionally stunned markets on the finish of the 4 quarter with a internet earnings of 470 million euros, and properly above the 252 million euros estimated by analysts forward of the outcomes.
The inventory is up almost 40% year-to-date.
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