Banca Mediolanum Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	1,302	1,248	1,464	1,332	552.93	406.3
Interest Income on Investments	4.37	22	36.13	28.34	25.42	22.66
Total Interest Income	1,307	1,270	1,500	1,360	578.35	428.96
Interest Paid on Deposits	280.18	368.91	589.33	505.77	78.49	53.76
Net Interest Income	1,026	900.59	911.05	854.33	499.86	375.21
Net Interest Income Growth	20.03%	-1.15%	6.64%	70.91%	33.22%	15.93%
Income From Trading Activities	11.16	21.26	8.79	37.16	-15.18	62.51
Gain (Loss) on Sale of Assets	-0.02	-0.02	-0.01	-0.01	-0.01	-
Gain (Loss) on Sale of Investments	3,143	881.67	2,693	1,849	-2,800	2,006
Other Non-Interest Income	-1,584	593.57	-1,224	-837.84	3,715	-817.51
Total Non-Interest Income	1,572	1,498	1,478	1,049	900.22	1,251
Non-Interest Income Growth	0.76%	1.37%	40.91%	16.50%	-28.05%	36.88%
Revenues Before Loan Losses	2,598	2,399	2,389	1,903	1,400	1,626
Provision for Loan Losses	37.71	26.63	31.44	33.14	22.6	27.08
Revenue	2,560	2,372	2,357	1,870	1,377	1,599
Revenue Growth	7.04%	0.62%	26.07%	35.75%	-13.87%	31.64%
Salaries and Employee Benefits	362.31	349.47	328.73	286.4	267.29	257.72
Occupancy Expenses	22.02	19.68	24.15	26.77	33.66	17.78
Amortization of Goodwill & Intangibles	35.12	29.7	35.09	39.88	33.54	-
Selling, General & Administrative	463.54	454.55	450.08	413.82	370.71	355.31
Other Non-Interest Expense	113.57	81.14	54.78	24.31	8.39	46.89
Total Non-Interest Expense	996.55	934.54	892.82	791.17	713.59	677.7
EBT Excluding Unusual Items	1,564	1,437	1,465	1,079	663.89	921.59
Asset Writedown	-2.9	-2.9	-	-	-	-31.12
Legal Settlements	-3.49	-4.09	-2.79	-1.41	-2.29	-
Other Unusual Items	-0.77	-0.78	-11.11	-10.21	-10.47	-
Pretax Income	1,557	1,430	1,451	1,067	643.84	890.47
Income Tax Expense	240.58	191.75	331.07	245.32	137.01	177.41
Earnings From Continuing Operations	1,316	1,238	1,120	821.85	506.83	713.06
Earnings From Discontinued Operations	-	-	-	0.02	-	-
Net Income	1,316	1,238	1,120	821.87	506.83	713.06
Net Income to Common	1,316	1,238	1,120	821.87	506.83	713.06
Net Income Growth	14.75%	10.56%	36.23%	62.16%	-28.92%	64.12%
Basic Shares Outstanding	739	738	739	740	737	736
Diluted Shares Outstanding	745	745	747	744	744	739
Shares Change	-0.27%	-0.37%	0.49%	-0.06%	0.72%	0.16%
EPS (Basic)	1.78	1.68	1.51	1.11	0.69	0.97
EPS (Diluted)	1.77	1.66	1.50	1.10	0.68	0.96
EPS Growth	15.09%	11.02%	35.57%	62.26%	-29.43%	63.84%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.650	1.250	0.750	0.700	0.500	0.460
Dividend Growth	-33.67%	66.67%	7.14%	40.00%	8.70%	-41.03%
Effective Tax Rate	15.45%	13.41%	22.82%	22.99%	21.28%	19.92%