Skip to Main Content
1H Results 2020

Press releases

1H Results 2020

H1 result driven by business expansion and revenue diversification

  • Net profit: €131.9 million (-1%)
  • Recurring net profit1: €69.9 million (+2%)
  • Total revenues: €302.2 million (+11%)
  • ‘Core’ operating expenses2: €95.0 million (+3%)

Total assets up to pre-Covid-19 levels

  • Total assets: €68.9 billion (+10%)
  • Assets under Advisory: €5.1 billion (+26%)
  • H1 2020 net inflows: €2.8 billion

Capital solidity confirmed

  • CET1 ratio at 14.3% and TCR Ratio at 15.7%
  • TCR at 20.7% on a pro-forma basis, following the
  • ECB/Bank of Italy’s recommendations

Milan, 29 July 2020 – The Board of Directors of Banca Generali, chaired by Giancarlo Fancel, approved the consolidated results at 30 June 2020.

Chief Executive Officer and General Manager Gian Maria Mossa stated: “We are very proud of the half-year result in terms of business growth and revenue quality, which confirmed the continuing trend towards asset diversification. During an extraordinarily difficult time of health and economic uncertainties, our bankers were able to demonstrate their expertise and their professional value, recording the best net inflows figures for the bank in terms of existing organisation. No less significant was the contribution by all our personnel, who ensured full operation at all times and continued the Bank’s strategic projects with dedication. Among the new initiatives, the range of ESG products and innovative solutions to connect private investors to the real economy is meeting with an increasingly positive response from customers, who recognise the value of our asset management solutions. Despite the complexity and uncertainties on the horizon, thanks to the bank’s flexibility and solidity, we are optimally placed to continue to outpace the growth of our market of reference.”

  • 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).
  • 8 Mar 2023 | h: 17:10

    PR: Net Inflows February 2023

    Total net inflows amounted to €442 million in February (€ 859 million YTD); Net inflows of managed solutions at €122 million (€ 175 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.