Capital StrengthA CET1 ratio of 23.2% provides a substantial regulatory capital buffer that supports organic growth, resilience to stress, and capacity for dividends or buybacks. Over the medium term this reduces solvency risk and enables strategic deployment of capital without needing urgent external financing.
Scale And Customer GrowthCrossing €150bn AUM and 2 million customers with strong net inflows underpins durable fee generation and advisor-driven distribution. Scale improves unit economics, supports higher recurring fees, and strengthens competitive positioning in retail wealth management over multiple quarters.
Recurring Fee Revenue ExpansionRising recurring fee income and a 21% jump in managed asset inflows signal a revenue mix shift away from rate-dependent interest margins toward stable advisory and management fees. This structural diversification enhances margin predictability and lowers earnings sensitivity to interest-rate cycles.