BRD - Groupe Société Générale Future Growth
Future criteria checks 1/6
BRD - Groupe Société Générale is forecast to grow earnings and revenue by 6.6% and 5.8% per annum respectively. EPS is expected to grow by 8% per annum. Return on equity is forecast to be 15.4% in 3 years.
Key information
6.6%
Earnings growth rate
7.95%
EPS growth rate
| Banks earnings growth | 8.4% |
| Revenue growth rate | 5.8% |
| Future return on equity | 15.41% |
| Analyst coverage | Low |
| Last updated | 08 Jun 2026 |
Recent future growth updates
Recent updates
Narrative Update • Jun 05
BRD: Dividend Will Support An Overvalued P/E Despite Unchanged Earnings Outlook
Analysts have kept their RON 25.08 price target for BRD - Groupe Société Générale broadly unchanged, citing only minor tweaks to the discount rate, revenue growth outlook and future P/E assumptions in their updated models. What's in the News BRD - Groupe Société Générale S.A. announced an annual dividend of RON 1.0752 per share, with an ex-date on May 18, 2026, a record date on May 19, 2026, and payment scheduled for June 5, 2026.Narrative Update • May 11
BRD: Dividend Support Will Sustain An Overstretched P/E Multiple
Analysts have nudged their price target for BRD – Groupe Société Générale to RON 25.08, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E that they see as better aligned with the bank's current risk and earnings profile. What's in the News BRD - Groupe Société Générale S.A. announced an annual dividend of RON 1.0752 per share, payable on June 05, 2026, with an ex-date on May 18, 2026, and a record date on May 19, 2026 (Key Developments).Narrative Update • Apr 24
BRD: Dividend Payout Will Sustain An Overstretched P/E Multiple
Analysts now keep their RON 25.08 price target for BRD - Groupe Société Générale unchanged, citing steady assumptions on fair value, discount rate, revenue growth, profit margin, and future P/E to support this view. What's in the News BRD, Groupe Société Générale S.A. scheduled a Special and Extraordinary Shareholders Meeting for April 29, 2026 at 11:30 E.Narrative Update • Apr 10
BRD: Dividend And Steady Assumptions Will Maintain An Overextended P/E
Analysts have kept their RON fair value estimate for BRD – Groupe Société Générale steady at RON 25.08, citing only slight refinements to assumptions around discount rate, revenue growth, profit margin and future P/E in their updated price target work. What's in the News BRD - Groupe Société Générale S.A. has scheduled a Special and Extraordinary Shareholders Meeting for April 29, 2026 at 11:30 E.Narrative Update • Mar 27
BRD: Dividend And Slight Assumption Tweaks Will Sustain An Overextended P/E
Analysts have kept their RON 25.08 price target for BRD - Groupe Société Générale unchanged, citing only very small adjustments in the discount rate, revenue growth and future P/E assumptions that do not materially change their overall view. What's in the News Special and extraordinary shareholders meeting scheduled for April 29, 2026 at 11:30 E.Narrative Update • Mar 12
BRD: Mild Assumption Shifts Will Likely Sustain An Overextended Future P/E
Analysts have lifted their RON fair value estimate for BRD - Groupe Société Générale from RON 23.68 to RON 25.08, reflecting updated assumptions on the discount rate, revenue growth, profit margin and future P/E. Valuation Changes Fair Value: RON 25.08 vs RON 23.68, with the updated figure modestly higher than before.
New Narrative • Mar 08
Digital And Sustainable Lending Strength Will Support This Fairly Valued Bank Narrative
Catalysts About BRD, Groupe Société Générale BRD is a universal bank in Romania, providing lending, deposit, digital banking and asset management services to retail, SME and corporate clients. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 26
BRD: Slight Assumption Tweaks Will Likely Sustain An Overextended Future P/E
Analysts have kept their RON 23.68 price target for BRD Groupe Société Générale broadly unchanged, reflecting only very small tweaks to inputs such as the discount rate, long term revenue growth, profit margin, and future P/E assumptions rather than any shift in their core view. Valuation Changes Fair Value: RON 23.68 remains unchanged, indicating the central valuation estimate is stable.
New Narrative • Feb 21
Digital Investments And Rising Fiscal Charges Will Pressure Margins And Future Profitability
Catalysts About BRD - Groupe Société Générale BRD - Groupe Société Générale is a Romanian universal bank offering retail, corporate and investment banking services. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 11
BRD: Higher Earnings Assumptions Will Likely Sustain An Overextended Future P/E
Analysts have lifted their RON 21.14 fair value estimate for BRD - Groupe Société Générale to RON 23.68, citing updated assumptions for revenue growth, profit margins and future P/E levels. Valuation Changes Fair Value: RON 21.14 raised to RON 23.68, a moderate uplift in the central value estimate used for the shares.Narrative Update • Jan 28
BRD: Higher Profit Assumptions Will Likely Mask An Overstretched P/E
Analysts have nudged their price target on BRD – Groupe Société Générale higher to €21.14 from about €19.89, reflecting updated assumptions around slightly different discount rates, modestly adjusted revenue growth and profit margin forecasts, and a marginally lower future P/E multiple. Valuation Changes Fair value estimate increased slightly from €19.89 to €21.14 per share.New Narrative • Jun 22
Digital Banking And Green Financing Will Shape Romania's Resilient Future
Rapid digital banking adoption and branch optimization are projected to increase efficiency, lower costs, and support stronger profit margins and returns.Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 5,182 | 1,980 | N/A | N/A | 3 |
| 12/31/2027 | 4,870 | 1,816 | N/A | N/A | 4 |
| 12/31/2026 | 4,757 | 1,685 | N/A | N/A | 1 |
| 3/31/2026 | 4,140 | 1,564 | -4,829 | -4,548 | N/A |
| 12/31/2025 | 4,133 | 1,546 | -5,154 | -4,883 | N/A |
| 9/30/2025 | 4,062 | 1,586 | -2,906 | -2,726 | N/A |
| 6/30/2025 | 4,003 | 1,599 | -3,146 | -2,954 | N/A |
| 3/31/2025 | 3,935 | 1,551 | -7,863 | -7,659 | N/A |
| 12/31/2024 | 3,874 | 1,524 | -8,585 | -8,355 | N/A |
| 9/30/2024 | 3,897 | 1,521 | -7,299 | -6,943 | N/A |
| 6/30/2024 | 3,930 | 1,576 | -8,734 | -8,385 | N/A |
| 3/31/2024 | 3,913 | 1,627 | -3,477 | -3,131 | N/A |
| 12/31/2023 | 3,900 | 1,640 | -4,727 | -4,402 | N/A |
| 9/30/2023 | 3,723 | 1,537 | -4,368 | -3,984 | N/A |
| 6/30/2023 | 3,627 | 1,473 | -267 | 37 | N/A |
| 3/31/2023 | 3,519 | 1,405 | -1,070 | -783 | N/A |
| 12/31/2022 | 3,368 | 1,328 | -760 | -490 | N/A |
| 9/30/2022 | 3,396 | 1,404 | -1,662 | -1,507 | N/A |
| 6/30/2022 | 3,281 | 1,296 | -3,485 | -3,297 | N/A |
| 3/31/2022 | 3,324 | 1,349 | -5,216 | -4,997 | N/A |
| 12/31/2021 | 3,247 | 1,310 | -6,351 | -6,139 | N/A |
| 9/30/2021 | 3,038 | 1,141 | -5,805 | -5,592 | N/A |
| 6/30/2021 | 3,011 | 1,175 | -4,576 | -4,356 | N/A |
| 3/31/2021 | 2,726 | 943 | -2,378 | -2,191 | N/A |
| 12/31/2020 | 2,734 | 962 | -2,124 | -1,926 | N/A |
| 9/30/2020 | 2,887 | 1,004 | N/A | N/A | N/A |
| 6/30/2020 | 3,020 | 1,119 | 64 | 252 | N/A |
| 3/31/2020 | 3,382 | 1,434 | N/A | N/A | N/A |
| 12/31/2019 | 3,486 | 1,492 | N/A | 226 | N/A |
| 9/30/2019 | 3,540 | 1,641 | N/A | N/A | N/A |
| 6/30/2019 | 3,465 | 1,586 | N/A | -996 | N/A |
| 3/31/2019 | 3,279 | 1,442 | N/A | N/A | N/A |
| 12/31/2018 | 3,346 | 1,556 | N/A | -587 | N/A |
| 9/30/2018 | 3,273 | 1,483 | N/A | N/A | N/A |
| 6/30/2018 | 3,171 | 1,414 | N/A | -35 | N/A |
| 3/31/2018 | 3,248 | 1,490 | N/A | N/A | N/A |
| 12/31/2017 | 3,145 | 1,406 | N/A | -320 | N/A |
| 9/30/2017 | 2,877 | 1,214 | N/A | N/A | N/A |
| 6/30/2017 | 2,752 | 1,124 | N/A | -4,135 | N/A |
| 3/31/2017 | 2,572 | 1,014 | N/A | N/A | N/A |
| 12/31/2016 | 2,294 | 758 | N/A | -2,124 | N/A |
| 9/30/2016 | 2,215 | 706 | N/A | N/A | N/A |
| 6/30/2016 | 2,088 | 612 | N/A | 120 | N/A |
| 3/31/2016 | 1,919 | 453 | N/A | N/A | N/A |
| 12/31/2015 | 1,937 | 466 | N/A | -2,216 | N/A |
| 9/30/2015 | 1,902 | 391 | N/A | N/A | N/A |
| 6/30/2015 | 1,662 | 169 | N/A | -267 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BRD's forecast earnings growth (6.6% per year) is below the savings rate (6.8%).
Earnings vs Market: BRD's earnings (6.6% per year) are forecast to grow slower than the RO market (8.2% per year).
High Growth Earnings: BRD's earnings are forecast to grow, but not significantly.
Revenue vs Market: BRD's revenue (5.8% per year) is forecast to grow faster than the RO market (5.8% per year).
High Growth Revenue: BRD's revenue (5.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BRD's Return on Equity is forecast to be low in 3 years time (15.4%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/18 22:08 |
| End of Day Share Price | 2026/06/18 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
BRD - Groupe Société Générale S.A. is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andreas Markou | Berenberg |
| Thomas Unger | Erste Group Bank AG |
| Manuela Ogrinja | Eurobank Equities Investment Firm S.A. |