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An announcement from Banca Profilo SPA ( (IT:PRO) ) is now available.
Banca Profilo S.p.A. reported a consolidated net profit of 9.3 million euros for 2024, showing a 23.4% decline compared to the previous year, which had benefitted from favorable financial conditions. Despite a decrease in net revenues and operating results, the company experienced growth in total client assets, reaching 6.5 billion euros. The bank’s capital solidity was confirmed with a CET 1 ratio of 22.2%, one of the highest in the market, demonstrating resilience amidst increasing operational costs and investments in technological infrastructure.
More about Banca Profilo SPA
Banca Profilo S.p.A. operates in the financial services industry, offering banking and investment services with a focus on Investment Banking and Finance. The company is committed to executing its 2023-2026 industrial plan aimed at development and better valuation of activities.
YTD Price Performance: 2.22%
Average Trading Volume: 345,831
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €120.7M
Find detailed analytics on PRO stock on TipRanks’ Stock Analysis page.