The French bank expects results to recover in 2010 with lower bad risk write-downs after it rattled markets last month with a toxic asset warning. Societe Generale has had to trim back much of its previously-booming investment banking activities after taking bigger hits than many of its rivals from the global credit crisis. France's second-biggest listed bank on Thursday reported fourth-quarter net profit of 221 million euros ($303.4 million), up from 87 million a year earlier and ahead of a consensus forecast of 150 million euros, but below its third-quarter net profit of 426 million euros.