(ANSA) - MILAN, 11 MAY - In the first nine months, Mediobanca recorded record results with revenues of €2,420 million (+13%) above the plan's targets of €3 billion for the full year.
Net profit rose 10% to €791 million. In the third quarter, net profit was €235 million and revenues amounted to €759.4 million, above expectations.
In the nine months, the group was able to maintain the highest level ever achieved in revenues (around 2,420 million), profit (over 790 million) and profitability (ROTE of 13% on the maximum levels of European banks), optimizing the management of passive assets and benefiting from the strong positioning in businesses responsible for long-term growth. The diversification of the business portfolio has boosted growth across all indicators and confirmed our ability to generate value in different market scenarios while preserving prudent risk-taking and strong capital generation and endowment," said Mediobanca CEO Alberto Nagel commenting on the results. (ANSA).
Mediobanca, net profit of €791 million in the first nine months
2023-05-11T11:37:34.941Z
Highlights: In the first nine months, Mediobanca recorded record results with revenues of €2,420 million (+13%) above the plan's targets of €3 billion for the full year. Net profit rose 10% to €791 million. In the third quarter, net profit was €235 million and revenues amounted to €759.4 million, above expectations. The group was able to maintain the highest level ever achieved in revenues, profit and profitability (ROTE of 13% on the maximum levels of European banks)
In the first nine months, Mediobanca recorded record results with revenues of €2,420 million (+13%) above the plan's targets of €3 billion for the full year. Net profit rose 10% to €791 million. (ANSA)