1309 GMT - Societe Generale's online bank BoursoBank is well placed to benefit from increased participation in equity markets by French households, driven by digital natives, Jefferies writes. Intentions of French households to invest in stocks were at their highest level on record, according to a barometer used by regulator AMF, which was set up in 2017. This trend creates another fee-growth opportunity for the French bank and will help BoursoBank hit its target of 8 million clients by 2026 by attracting new users seeking better returns for their savings, analyst Joseph Dickerson and associate Theo Massing say. BoursoBank also recently moved into mass affluent wealth and is likely to offer longer-run synergies with other SocGen divisions, such as the corporate and investment bank, they note. Shares trade at 28.68 euros, having gained 23% on a 12-month basis. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
January 16, 2025 08:09 ET (13:09 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。