Italy's Mediobanca beat forecasts with its first-half net profit thanks to a rise in net interest income benefiting from high rates, and its wealth management business, the financial group said on Friday. First-half net profit came in at 611 million euros ($657.99 million), 10% higher from a year ago, beating an analyst consensus provided by the bank of 596 million euros. Revenues grew 4% to 1.73 billion euros, broadly in line with estimates, with net interest income (NII) of 997 million euros, 18% higher year-on-year.
The board of directors of Mediobanca Spa on Wednesday announced that it has approved the guidelines of the 2023-26 Plan. As syleged in the released note, the group sets challenging targets and. | May 24, 2023
Mediobanca will embark on a hiring spree to boost its wealth management sales force by a quarter under a new three-year strategy, as it strives to make the division its main growth driver. . | May 24, 2023
The board of directors of Mediobanca Spa on Wednesday announced that it has approved the guidelines of the 2023-26 plan. As syleged in the released note, the group sets challenging targets and. | May 24, 2023