AI Terminal
Banca Mediolanum
Earnings Release • Jan 8, 2025
4204_rns_2025-01-08_4f7c6829-29de-4888-bfd0-2971748f9a06.pdf
Earnings Release
Open in ViewerOpens in native device viewer
| Informazione Regolamentata n. 1795-4-2025 |
Data/Ora Inizio Diffusione 8 Gennaio 2025 08:52:31 |
Euronext Milan | ||
|---|---|---|---|---|
| Societa' | : | BANCA MEDIOLANUM | ||
| Identificativo Informazione Regolamentata |
: | 200146 | ||
| Utenza - Referente | : | BCAMEDIOLANUMN04 - Angelo Lietti -7 LVZJ6XRIE7VNZ4UBX81 |
||
| Tipologia | : | REGEM | ||
| Data/Ora Ricezione | : | 8 Gennaio 2025 08:52:31 | ||
| Data/Ora Inizio Diffusione | : | 8 Gennaio 2025 08:52:31 | ||
| Oggetto | : | Risultati commerciali del Gruppo Mediolanum (Versione in Inglese) |
||
| Testo del comunicato |
Vedere allegato
PRESS RELEASE
New all-time highs reached in 2024: Total Net Inflows of € 10.44 billion (+46% y/y), Net Inflows into Managed Assets of € 7.64 billion (+91% y/y)
Banca Mediolanum S.p.A. announces the business results for December 2024: € 1.41 billion, of which:
- Total net inflows: € 1.01 billion, € 10.44 billion in 2024
- Net inflows into managed assets: € 981 million, € 7.64 billion in 2024
- Loans granted: € 378 million, € 3.09 billion in 2024
- General insurance premiums: € 23 million, € 206 million in 2024
It is further noted that, thanks to the positive performance of the markets and our funds in 2024, the contribution of performance fees to the group's companies in the past year is estimated at approximately € 370 million, of which € 50.9 million have already been accounted for in the first nine months of the year.
Massimo Doris, CEO of Banca Mediolanum, comments: "2024 closes with business results that go far beyond excellence. With the strong contribution from December, we have surpassed the milestone of € 10 billion in total net inflows for the first time and set a new absolute record for net inflows into managed assets, with € 7.6 billion for the entire year, also thanks to strong acceleration in Spain. The growth of the customer base continued at a strong pace, with nearly 200,000 new bank customers acquired during the year, 7% more than last year, and all business lines contributed to sealing a record-breaking year".
Doris continues: "We are proud of these results, born from the full trust that our customers renew in Banca Mediolanum and our Family Bankers every day. We will continue to pursue our goals guided by a strategic vision and a banking model that truly places the individual and their needs at the center. We are ready to begin this 2025 with the enthusiasm and optimism that have always distinguished us".
| € mn | Dec. 2024 |
2024 | 2023 |
|---|---|---|---|
| TOTAL BUSINESS RESULTS OF THE GROUP | 1,408 | 13,742 | 10,284 |
| - Total Net Inflows |
1,007 | 10,443 | 7,134 |
| Net Inflows into Managed Assets | 981 | 7,643 | 4,010 |
| o/w Mutual Funds, U-L & Managed Accounts | 988 | 7,328 | 3,252 |
| Net Inflows into Administered Assets | 27 | 2,800 | 3,124 |
| - Total Loans Granted |
378 | 3,092 | 2,965 |
| - General Insurance Premiums |
23 | 206 | 185 |
Total business results for December 2024:
Preliminary data subject to change
Basiglio - Milano 3 City, January 8, 2025
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.