FACTBOX: How BNP and Societe Generale measure up
(Reuters) - BNP Paribas is reviewing internally whether to make a tie-up approach to smaller rival French bank Societe Generale, hit hard by rogue trading losses and subprime debt writedowns, a person familiar with the matter said. .
BNP made a failed takeover bid for SocGen in 1999.
Below are details of how the two banks measure up.
BNP PARIBAS SOCIETE GENERALE
MARKET CAP (AT CLOSE JAN. 29)
59.5 billion euros 33.1 billion euros
EARNINGS
estimated 2007 net income estimated 2007 net income
7.8 billion euros, up 7 percent 600-800 million euros
Q4 1.0 billion, down 42 percent
2008 PRICE/EARNINGS (MARKET EXPECTATION)
7.5 6.9
TOTAL RISKED WEIGHTED CAPITAL (2006)
462.500 billion euros 285.525 billion euros
TIER ONE CAPITAL (2006)
7.4 percent 7.82 percent
ESTIMATED TIER ONE CAPITAL (2007)
7.2 percent 6.6 percent
8.0 percent after 5.5 billion euro capital increase and raised Rosbank stake.
ASSETS UNDER MANAGEMENT (2006)
491.5 billion euros 421.8 billion euros
STAFF
161,200 120,000
CHAIRMAN
Michel Pebereau Daniel Bouton
CHIEF EXECUTIVE
Baudouin Prot Daniel Bouton
RATINGS
S&P AA+ stable outlook AA, credit watch negative
Moody's Aa1, stable outlook Aa2, stable
Fitch AA stable outlook AA-, stable
SUBSIDIARIES
Cetelem consumer credit SGAM asset management
BancWest in US Boursorama
BNL Italy Credit du Nord
Klepierre real estate 20 percent Rosbank (Russia)
(agreed to buy another 30 percent)
BRANCHES IN FRANCE
2,200 2,700
MAIN SHAREHOLDERS
AXA 5.82 percent SocGen ESOP 6.16 percent
BNP ESOP 3.96 percent SGAM 5.51 percent
Ecureuil 2.17 percent Societe Generale 4.92 percent
BNP Paribas 2.13 percent Capital Research 3.02 percent
Capital Research 1.91 percent Groupama 2.94 percent
Credit Agricole 1.89 percent Meiji Yasuda Life 2.37 percent
Natixis 1.53 percent Ecureuil 2.25 percent
FOUNDED
1820 Paribas 1864
1869 Banque de Paris
2000 BNP Paribas
SOURCES - companies, Reuters data
(Reporting by Marcel Michelson; Editing by Louise Ireland/Quentin Bryar)
