Earnings Release • Jun 8, 2015
Earnings Release
Open in ViewerOpens in native device viewer
| Informazione Regolamentata n. 1615-36-2015 |
Data/Ora Ricezione 08 Giugno 2015 09:20:38 |
MTA | |
|---|---|---|---|
| Societa' | : | FINECOBANK | |
| Identificativo Informazione Regolamentata |
: | 59436 | |
| Nome utilizzatore | : | FINECOBANKN01 - Spolini | |
| Tipologia | : | IRAG 10 | |
| Data/Ora Ricezione | : | 08 Giugno 2015 09:20:38 | |
| Data/Ora Inizio Diffusione presunta |
: | 08 Giugno 2015 09:35:39 | |
| Oggetto | : | NET SALES | PRESS RELEASE CUSTOMERS_TOTAL |
| Testo del comunicato |
Vedi allegato.
Milan, June 8 th 2015
More than one million customers: an all-time high for Fineco, reflecting the efficiency and solidity of a business model able to gain customers' trust and fully satisfaction, as well as to create value for its shareholders.
Since the beginning of the year more than 51 thousands new customers have been acquired, an increase of 15% compared to the same period of the previous year bringing to 1.003 million of total customers at end of May.
Fineco customers are particularly active, sophisticated and with a high level of attention to the quality of their investments. Customers' habits are confirmed especially by Private sector, currently representing 37% of Fineco's Total Financial Assets (TFAs), with an increase in TFAs of almost 86% over the last four years, classifying Fineco among the leading players in this segment. This extraordinary growth has been mainly driven by advanced advisory services.
"I would like to thank our clients for supporting us in the achievement of this important milestone of which we are very proud. Over 1 million customers have chosen Fineco because of the different and innovative banking experience it can offer; attentive and demanding customers require the bank to be simple and efficient and to offer integrated services to manage clients' assets and banking activities. This is a model that we want to strengthen and continue to evolve together with our customers".
Alessandro Foti, Chief Executive Officer and General Manager of Fineco
Fineco was set up in 1999 and became the benchmark for modern investors in only 15 years. A solid and profitable bank, recognized as a successful story also abroad. A fast growth story, from a purely online bank and pioneer in trading services to a direct multichannel bank, which has further accelerated following the listing on the stock exchange in 2014.
The significant result on number of customers acquired coupled with total net sales confirming the positive trend: Fineco registered total net sales equal to € 2,474 million since the beginning of 2015 with an increase of 39% compared to the same period in 2014.
Total net sales through the Personal Financial Advisors set to € 2,258 million (up to 44% compared to the period January-May 2014).
In May net sales were equal to € 368 million, of which € 160 million of Assets under Management (AuM) bringing total AuM to € 1,698 million since the beginning of the year (with an increase of 52% y/y).
| TOTAL NET SALES | May 2015 |
Jan-May 2015 |
Jan-May 2014 |
|---|---|---|---|
| Assets under management | 159.66 | 1,697.79 | 1,120.46 |
| Assets under custody | -130.01 | -302.06 | -99.84 |
| Direct deposits | 338.25 | 1,078.22 | 758.17 |
| TOTAL NET SALES | 367.91 | 2,473.94 | 1,778.79 |
figures in € million
| May | Jan-May | Jan-May | |
|---|---|---|---|
| PFA NETWORK NET SALES | 2015 | 2015 | 2014 |
| Assets under management | 168.00 | 1,656.60 | 1,103.09 |
| Assets under custody | -46.52 | -238.26 | -124.29 |
| Direct deposits | 227.72 | 840.03 | 589.04 |
| NET SALES PFA NETWORK | 349.19 | 2,258.38 | 1,567.83 |
FinecoBank is UniCredit Group's direct multichannel bank. It has one of the largest advisory networks in Italy, and is the number one broker in Italy for equity trades in terms of volume of orders. FinecoBank offers an integrated business model combining direct banking and financial advice, with a single free-of-charge account including a full range of banking, credit, trading and investment services, which are also available through applications for smartphone and tablet. With its fully integrated platform, FinecoBank is the benchmark for modern investors.
Contact info:
Tel.: +39 02 2887 2256 Tel. +39 02 8862 3820 [email protected] [email protected]
Fineco - Media Relations Fineco - Investor Relations
Barabino & Partners Tel. +39 02 72023535 Emma Ascani [email protected] +39 335 390 334 Tommaso Filippi [email protected] +39 366 644 4093
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.