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Banca Mediolanum
Earnings Release • Dec 6, 2024
4204_er_2024-12-06_e9b5e133-1c46-43c4-a868-99ee898861da.pdf
Earnings Release
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| Informazione Regolamentata n. 1795-93-2024 |
Data/Ora Inizio Diffusione 6 Dicembre 2024 11:52:24 |
Euronext Milan | |
|---|---|---|---|
| Societa' | : | BANCA MEDIOLANUM | |
| Identificativo Informazione Regolamentata |
: | 199126 | |
| Utenza - Referente | : | BCAMEDIOLANUMN07 - Angelo Lietti -7 LVZJ6XRIE7VNZ4UBX81 |
|
| Tipologia | : | REGEM | |
| Data/Ora Ricezione | : | 6 Dicembre 2024 11:52:24 | |
| Data/Ora Inizio Diffusione | : | 6 Dicembre 2024 11:52:24 | |
| Oggetto | : | Risultati commerciali del Gruppo Mediolanum (Versione in Inglese) |
|
| Testo del comunicato |
Vedere allegato
PRESS RELEASE
YTD inflows at €9.44 billion, surpassing the historical record for the full year 2021.
Banca Mediolanum S.p.A. announces the business results for November 2024: € 1.25 billion, of which:
- Total net inflows: € 912 million, € 9.44 billion YTD
- Net inflows into managed assets: € 517 million, € 6.66 billion YTD
- Loans granted: € 322 million, € 2.71 billion YTD
- General insurance premiums: € 20 million, € 183 million YTD
Massimo Doris, CEO of Banca Mediolanum, commented: "I am extremely proud to have already surpassed in November our historic 12-month record for total and managed assets inflows registered in 2021.
The 517 million in managed assets are a tangible sign of the great work done together with our customers, with year-to-date inflows reaching 6.7 billion, double that of last year. We have also seen great appreciation for remunerated time deposits, partly due to the offer launched last September, which reached 1.9 billion during the promotional period. I would also like to highlight that during this phase of easing interest rates, the granting of mortgages and loans – 2.7 billion in 11 months – has returned to 2023 levels, further confirming that Banca Mediolanum's business model is capable of providing comprehensive solutions and fully meeting the financial needs of our customers".
| € mn | Nov. 2024 |
YTD 2024 |
YTD 2023 |
|---|---|---|---|
| TOTAL BUSINESS RESULTS OF THE GROUP | 1,254 | 12,333 | 8,843 |
| - Total Net Inflows |
912 | 9,436 | 5,918 |
| Net Inflows into Managed Assets | 517 | 6.663 | 3.355 |
| o/w Mutual Funds, U-L & Managed Accounts | 546 | 6,339 | 2,660 |
| Net Inflows into Administered Assets | 394 | 2.773 | 2.563 |
| - Total Loans Granted |
322 | 2,714 | 2,758 |
| - General Insurance Premiums |
20 | 183 | 167 |
Total business results for November 2024:
Preliminary data subject to change
Basiglio - Milano 3 City, December 6, 2024
Contacts: Media & Public Relations Investor Relations Roberto De AgostiniAlessandra Lanzone Tel +39 02 9049 2100 Tel +39 02 9049 2039 Mob +39 348 8100 802 Mob +39 335 5684 808 e-mail: [email protected] e-mail: [email protected]
The Officer responsible for preparing Banca Mediolanum S.p.A accounting documents, Angelo Lietti declares that, in compliance with the requirements of the second paragraph of section 154 bis of the Consolidated Finance Act, the financial information contained herein reflects the accounting entries, records and books. Preliminary data subject to change.
| Fine Comunicato n.1795-93-2024 | Numero di Pagine: 3 |
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