Italy · Delayed Price · Currency is EUR FinecoBank Banca Fineco Earnings Call Transcripts
Fiscal Year 2026
-
Net profit held steady year-on-year at €162 million, with revenues up 4% and net sales surging 44%. Upgraded 2026/2029 guidance reflects strong client growth, robust brokerage, and new initiatives in securities lending, ETFs, and AI-driven services.
-
The company is leveraging its disruptor positioning, proprietary technology, and AI integration to accelerate growth in banking, investing, and brokerage, with a focus on scalable efficiency and transparent fee models. Pan-European expansion, enhanced ETF and lending platforms, and a strong brand are set to drive double-digit growth and shareholder value through 2029.
Fiscal Year 2025
-
Net profit and revenues remained stable year-over-year, with record client growth and strong net sales. Capital ratios are robust, and all business areas are expected to drive further growth in 2026, supported by ongoing innovation and market opportunities.
-
Net profit and revenues showed strong double-digit growth year-on-year, driven by robust client acquisition, record net sales, and expanding brokerage and investing activities. Capital ratios remain high, and 2025 guidance was raised, with further growth expected in 2026.
-
Strong H1 2025 growth with net profit of €317.8M and revenues of €644.4M, driven by recurring income, robust client acquisition, and expanding asset management and brokerage. AI initiatives and ETF strategies are set to further boost productivity and recurring revenues.
-
Q1 2025 saw net profit rise 11.7% YoY to €164.2M and revenues up 0.7% to €329.3M, driven by strong client growth, robust brokerage, and investing performance. Guidance for 2025 remains positive, with record revenues expected and continued investment in growth and technology.
Fiscal Year 2024
-
Record 2024 net profit and revenues were driven by strong client growth, robust net sales, and expanding brokerage and investing businesses. 2025 guidance points to continued revenue growth, higher operating costs for strategic initiatives, and a payout ratio of 70–80%.
-
Net profit rose 7.9% year over year to €490 million, with revenues up 7.3% and record client acquisition driving strong net sales. Outlook remains positive with expected record revenues, higher dividends, and robust capital ratios, while excess capital distribution is delayed to assess deposit growth.
-
Net profit and revenues grew nearly 10% year-on-year in H1 2024, driven by strong client acquisition, robust investing and brokerage performance, and strict cost control. Capital ratios remain high, with improved 2024 guidance and a focus on organic growth and share buybacks.