Banca Profilo H1 net profit drops 98.9% YoY to EUR 15,000; revenue falls 34.1% YoY to EUR 22.7 million
Reuters2026/08/13 10:06Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Banca Profilo posted net income of EUR 15,000, swinging from a profit a year earlier; operating profit fell 93.4% to EUR 339,000.
- Net revenue dropped 34.1% to EUR 22.7 million, with net interest income down 22.1% to EUR 8.4 million.
- Net fees slid 74.6% to EUR 2.6 million, while net financial income and dividends fell 18.5% to EUR 10.6 million.
- Operating costs declined 23.8% to EUR 22.4 million; cost/income worsened to 98.5% from 85.2% a year earlier.
- CET1 ratio rose 3.01 percentage points to 24.93%; total customer funding including net fiduciary assets fell 42.8% to EUR 3.42 billion.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banca Profilo S.p.A. published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.
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