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1Q2017 Results approved

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The Board of Directors of Banca Generali approved the consolidated results at 31 March 2017.

  • Total assets at €50.1 billion (+18%)
  •  Net banking income at €134.7 million (+42%)
  •  Net profit at €56.2 million (+91%)
  • Net inflows for the month: €692 million (+61%)
  • Net inflows YTD: €2,531 million (+29%)

 

Chief Executive Officer Gian Maria Mossa stated: "This has been an excellent quarter for the strength and quality of the results achieved. We are outperforming our industry trends in terms of growth of total assets, thanks to our clear and distinctive strategy, which enhances the talent of our financial advisors and supports their development with innovative and high-quality solutions. The appreciation of our clients is shown by the new peaks in net inflows and the solidity of recurring revenues. We are looking with confidence towards the current recovery and the challenges posed by the evolution of the industry and aim to become the main point of reference for protecting households’ wealth".”

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