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Banca Profilo SPA ( (IT:PRO) ) has shared an announcement.
Banca Profilo S.p.A. reported a decrease in net profit by 20% year-over-year for the first quarter of 2025, despite an increase in total customer deposits to 6.3 billion euros. The bank’s operating result also declined by 20.6%, mainly due to increased operating costs and personnel expenses. However, the bank maintained a strong CET 1 ratio of 23.2%, indicating solid capital strength. The results reflect the impact of strategic investments in human capital and technological infrastructure, as well as the challenges posed by market volatility and geopolitical factors.
More about Banca Profilo SPA
Banca Profilo S.p.A. operates in the financial services industry, focusing on private and investment banking. The company provides a range of financial products and services, including asset management, investment banking, and fiduciary services, with a strong emphasis on maintaining high capitalization and liquidity indicators.
Average Trading Volume: 1,180,745
Technical Sentiment Signal: Hold
Current Market Cap: €119.1M
For an in-depth examination of PRO stock, go to TipRanks’ Stock Analysis page.