Generalfinance S.p.A.: Strong Financial Performance and Growth Prospects Support Buy Rating

Davide Rimini, an analyst from Intesa Sanpaolo, maintained the Buy rating on Generalfinance S.p.A. (GF – Research Report). The associated price target was raised to €17.70.

Davide Rimini’s rating is based on Generalfinance S.p.A.’s strong financial performance and growth prospects. The company reported a significant increase in revenues for the first quarter of 2025, driven by a rise in turnover and improved commission margins. Despite higher operating expenses and an increased cost of risk, the net income was in line with expectations, showing an 8% year-over-year growth.
Furthermore, Generalfinance’s management has introduced a new guidance for 2025, projecting a net income exceeding EUR 24 million, supported by effective cost management and stable credit quality. The company’s capital position also improved, with a CET1 ratio increase. These positive developments, along with revised earnings per share estimates and a new target price of EUR 17.7, underpin Rimini’s Buy rating for the stock.