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FinecoBank Company profile

About FinecoBank Banca Fineco SpA

FinecoBank Banca Fineco SpA is an Italy-based multichannel bank. It operates though three segments: Banking, Brokerage and Investing. Its offering includes banking, trading and investment services, on transactional and advisory platforms developed with proprietary technologies and integrated with a network of financial consultants in Italy. Additionally, the Company is specialized in European brokerage, and Italian private banking, with a range of customized advisory services. The Company is active in Italy and in the UK, with an offer focused on brokerage and banking services.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, FinecoBank Banca Fineco SpA interest income increased 1% to EUR280M. Net interest income after loan loss provision increased 5% to EUR280M. Net income increased 18% to EUR380.7M. Net interest income after loan loss provision reflects increase in interest earning assets and decrease in interest bearing liabilities. Dividend per share totaled to EUR0.92.