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Banca Profilo Reports 2024 Financial Results and Dividend Approval

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Banca Profilo Reports 2024 Financial Results and Dividend Approval

Confident Investing Starts Here:

The latest announcement is out from Banca Profilo SPA ( (IT:PRO) ).

Banca Profilo’s 2024 financial results show a consolidated net profit of 9.3 million euros, a decrease from the previous year, with a CET 1 ratio of 22.2%. Despite a decline in net revenues and operating results, the bank’s total assets increased by 19.1% to 2.5 billion euros. The company approved a dividend of 0.0128 euros per share, reflecting a 7.5% yield, to be distributed in May 2025. The meeting also addressed personnel remuneration and incentives, aligning with applicable provisions.

More about Banca Profilo SPA

Banca Profilo Group specializes in Private Banking, Investment Banking, and Capital Markets, with a presence in several Italian cities including Milan, Rome, and Genoa.

YTD Price Performance: -10.0%

Average Trading Volume: 18,779

Technical Sentiment Signal: Buy

Current Market Cap: €111.9M

For a thorough assessment of PRO stock, go to TipRanks’ Stock Analysis page.

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