Skip to Main Content
1Q 2019 Results

Press releases

1Q 2019 Results

Growth acceleration in Q1 2019: business expansion, revenue diversification and market recovery.

  • Net profit at €66.6 million (+36%)
  • Total revenues at €133.6 million (+17%)
  • Operating expenses at €50 million (+7.5%)

Sharp growth of assets and net inflows

  • Total assets at €61.1 billion (+8%)
  • Pro-forma total assets1 at over €63.0 billion
  • 1Q 2019 net inflows at €1.4 billion YTD
  • April net inflows at €545 million

Solid capital ratios (including charges related to IFRS 16 first-time adoption)

  • IFRS 16: one-off impact of 87 bps on TCR
  • CET1 ratio at 16.6% and TCR ratio at 18%

Milan, 8 May 2019 – The Board of Directors of Banca Generali, chaired by Giancarlo Fancel, approved the consolidated results at 31 March 2019.

Chief Executive Officer and General Manager Gian Maria Mossa stated: “We are very satisfied with our growth in these first three months of the year, not only for our strong business expansion, which is leading our assets to hit a new record, with very positive signs from net inflows and the acquisition of new clients, but above all in terms of the quality of these numbers, which reflect increasing revenue diversification. We are reaping the benefits of the hard work carried out in recent months, when we laid the foundation for a new model of sustainable growth with a focus on quality and maximum transparency in the financial advisor-client relationship, for which we are being rewarded, as also shown by the existing network’s contribution to net inflows, the response to advanced advisory service and the new diversification solutions, in addition to the new sub-funds of the LUX IM Sicav. We have a series of very interesting new developments in the pipeline in terms of both managed solution and digital dialogue with households, as in the case of the recent launch of an innovative new mobile banking app. In light of the above, we are looking at Bank’s prospects for the coming months with great confidence and optimism.

  • 6 Jun 2023 | h: 11:55

    PR: Net Inflows May 2023

    Total net inflows amounted to €742 million in May (€ 2,742 million YTD); Net inflows of managed solutions at €235 million (€ 1,276 million YTD).
  • 11 May 2023 | h: 12:35

    Financial Results 1Q 2023

    The Board of Directors of Banca Generali approved the consolidated results at 31 March 2023.
  • 5 Apr 2023 | h: 16:50

    Net Inflows March 2023

    Total net inflows amounted to €665 million in March (€ 1,524 million YTD); Net inflows of managed solutions at €158 million (€ 333 million YTD).

Le notizie relative a Sostenibilità, Prodotti e Servizi, Innovazione e altro ancora sono presenti nella sezione News del sito.

I nostri comunicati stampa sono di carattere principalmente finanziario e si suddividono in 6 categorie: Finanziari, Risultati della Banca, Operazioni Straordinarie, Governance, Assemblea degli Azionisti, Eventi e Sponsorizzazioni.

Il nostro Press Kit con tutti gli strumenti di informazione dedicati alla stampa.