Sustainable growth and solidity in 1H 2025 in a high volatility context
- Recurring net profit: €176.3 million (+3%)
- Net profit: €200.2 million (-16%)
- Net interest income: €161.7 million (+3%)
- Net recurring fees: €253.3 million (+8%)
- “Core” operating costs: €133.8 million (+8%)
Highest-ever total assets driven by a solid commercial performance
- Total assets: €106.5 billion (+8% YoY)
- Assets under Advanced Advisory: €10.9 billion (+6%)
- 1H 2025 net inflows: €3.0 billion (-17%)
- 1H 2025 AUI net inflows: €1.6 billion (+12%)
Strong capital solidity and liquidity
- CET1 ratio at 17.7% and TCR at 19.7%
- LCR at 329% and NSFR at 234%
Milan, 29 July 2025 – The Board of Directors of Banca Generali approved the consolidated results at 30 June 2025.
Banca Generali’s Chief Executive Officer and General Manager Gian Maria Mossa stated: “Despite the pressure of geopolitical variables — which lead especially private and institutional clients to adopt a more cautious market approach — and the uncertainty linked to the banking consolidation wave in which we are involved, our assets under investment (AUI) grew double-digit, driven by managed solutions. This confirms the resilience and sustainability of our business model based on the quality of our bankers, which is being further reinforced through the expansion of our solutions. In fact, we are meeting with great interest from entrepreneurial clients who are interested in the opportunities offered by the services and exclusive expertise of Intermonte, already integrated in our service model. In the first half of the year, we accelerated our investments in two strategic projects for the Bank: the insurebanking partnership with Generali Group and the AI integration into the Network's activities and commercial processes. At our annual convention in September, we will announce important developments in terms of products and services, which will significantly enhance net inflows quality as soon as October. We therefore look to the second half of the year with confidence, confirming our utmost commitment towards all stakeholders and to achieving our ambitious growth targets.”
