Approved preliminary results for the fiscal year 2022 show growth compared to the previous year and are in line with the Plan objectives. Despite the adverse geopolitical context strongly influencing markets, Banca Profilo’s initiatives outlined in the Industrial Plan and its business model have allowed it to maintain a high level of financial solidity.
Net revenues stand at 70.6 million euros (+6.2% YoY), while net profit amounts to 11.1 million euros (+18% YoY), excluding non-recurring gains related to the sale of the Swiss subsidiary BPdG.
The operating result shows growth, consolidating at 18.4 million euros (+9.6% YoY) with a Cost Income ratio of 74%. Client deposits total 5.6 billion euros (-3.7% YoY) due to market effects.
Financial and capital strength is confirmed with a CET1 ratio of 22.7%.
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*net of non-recurring gains related to the sale of the Swiss subsidiary BPdG.
