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FinecoBank reports positive 2014 results

  • Viola Caon
  • 11 February 2015
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Italy’s FinecoBank, the multi-channel online and advisory services unit of the UniCredit group, has published its estimate for results as of December 2014.

Net profits seem to have  reached €150m, 75.9% up from 2013.

Related articles

  • FinecoBank reports positive 2014 results
  • FinecoBank posted €629m in December
  • FinecoBank inflows up 48% y/y
  • FinecoBank's AUM up 46%

Total revenues were also up by 21% yoy, hitting total of €448m. The company also reported a pay-out ratio of €0.20 per share.

Asset management products proved to be very successful too, posting total net inflows of €4bn, 61.1% up from previous year.

Finally, FinecoBank, which floated the Italian stock exchange in July 2014, has gained 103,000 new clients over the year.

 

Milan

InvestmentEurope is delighted to announce the Fund Selector Bond Focus Italy to be held on 5 March in Milan

Click here for further details: http://www.investmenteurope.net/event/fund-selector-bond-focus-italy-2015/

 

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