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FinecoBank Earnings Release 2025
4321_rns_2026-01-12_cc46190a-a4f2-4830-9b99-439c681e283a.pdf
Earnings Release
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Data/Ora Ricezione : 12 Gennaio 2026 10:59:06
Oggetto : CS FINECOBANK_TOTAL NET SALES
DECEMBER 2025
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PRESS RELEASE
RECORD NET SALES IN DECEMBER, WITH VERY STRONG AUM OVER €13.4 BILLION NET SALES IN 2025, CLIENTS EXCEED 1.8 MILLION
- December net sales at € 1.7 bn. AuM at € 862 million, deposits at € 957 million
- Net Sales YTD at € 13.4 billion. AuM at € 5.5 billion, deposits at € 2 billion
- Brokerage: revenues in December at € 16 million, YTD at € 256 billion
- FAM: December retail net sales at € 340 million, assets at € 41.4 billion
Milan, January 12th, 2026
Total net sales in December 2025 reached an all-time high € 1,669 million (+37% compared to € 1,218 million in December 2024), equal to € 13.4 billion since the beginning of the year and overcoming by far the whole 2024 net sales of € 10.1 billion (+33% y/y). Fineco confirmed to be the reference platform for any financial need, with strong client acquisition throughout the year leading to more than 1.8 million clients.
The asset mix saw a strong increase in Asset under Management net sales, which recorded the Bank's best monthly result since April 2021 with € 862 million (up from € 783 million in December 2024), ending the year at €5.5 billion (compared to € 4.1 billion in 2024, +33% y/y). Fineco Asset Management's retail inflows amounted to € 340 million in December.
Deposits net sales were also solid, reaching € 957 million in December and € 2 billion for the full year 2025 (+66% y/y). Assets under Custody were equal to € -150 million, while brokerage revenues, supported by the continued expansion of the active client base, are equal to € 16 million. Year-to-date brokerage revenues are equal to € 256 million (+18% y/y), with 51.8 million executed orders (+22% y/y).
Alessandro Foti, CEO and General Manager of FinecoBank, commented:
"The strong December net sales confirm further growth for Fineco, thanks to a business model that combines an advanced technological platform with the support of our financial advisors, committed to enhancing the role of longterm financial planning. A trend strengthened by the constant expansion of our customers, who show increasing interest in efficient solutions such as those developed by Fineco Asset Management. Today, the Bank is thus in an ideal position to start the new year with optimism, and to continue on its growth and innovation path."
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figures in € million
| TOTAL NET SALES | DEC 2025 | DEC 2024 | JAN-DEC '25 | JAN-DEC '24 |
|---|---|---|---|---|
| Assets under management | 862.2 | 782.9 | 5,456.3 | 4,092.8 |
| Assets under custody | -150.2 | -542.3 | 5,975.1 | 4,779.0 |
| Direct deposits | 957.1 | 977.1 | 2,009.2 | 1,210.9 |
| TOTAL NET SALES | 1.669.2 | 1,217.8 | 13,440.6 | 10,082.7 |
| TOTAL FINANCIAL ASSETS | DEC 2025 | DEC 2024 | ||
| Assets under management | 73,997.3 | 66,382.6 | ||
| Assets under custody | 54,872.6 | 44,715.0 |
Direct deposits 31,681.8 29,668.2
TOTAL FINANCIAL ASSETS 160,551.7 140,765.8
FAM, retail net sales at €340 million, €3.5 billion in 2025
In December, Fineco Asset Management recorded retail net sales equal to € 340 million, bringing the total since the beginning of the year at €3.5 billion. FAM assets as of December 31 st, 2025 reached € 41.4 billion, of which € 29.1 billion retail class (+16% y/y) and € 12.3 billion institutional class (+5% y/y). The penetration rate of FAM retail classes on the Bank's Asset Under Management reached 39.3% compared to 37.7% a year ago.
Total Financial Assets above € 160 billion, Private Banking over € 81 billion
Total Financial Assets were equal to € 160.6 billion, compared to € 140.8 billion in December 2024 (+14% y/y). In particular, TFA related to Private Banking were at € 81.4 billion, compared to € 68.4 billion in December 2024 (+19% y/y).
194 thousand new clients since the beginning of the year, total exceeds 1.8 million
In December, 14,108 new clients were acquired (+4% y/y), bringing the number of new clients since the beginning of the year to 193,804 (+27% y/y). The total number of clients as of December 31st , 2025 stood at 1,800,047.
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figures in € million
| PFA NETWORK NET SALES | DEC 2025 | DEC 2024 | JAN-DEC '25 | JAN-DEC '24 |
|---|---|---|---|---|
| Assets under management | 860.3 | 784.8 | 5,465.5 | 4,128.0 |
| Assets under custody | -293.5 | -558.9 | 3,388.3 | 2,994.7 |
| Direct deposits | 618.0 | 713.5 | 1,108.7 | 711.1 |
| TOTAL NET SALES | 1.184.9 | 939.4 | 9,962.5 | 7,833.8 |
| PFA NETWORK TFA | DEC 2025 | DEC 2024 | ||
| Assets under management | 73,524.8 | 65,913.8 | ||
| Assets under custody | 39,801.0 | 32,963.3 | ||
| Direct deposits | 23,985.3 | 22,863.4 | ||
| TOTAL FINANCIAL ASSETS | 137,311.2 | 121,740.5 |
| EXECUTED ORDERS | DEC 2025 | DEC 2024 |
|---|---|---|
| Equity Italy | 21,246,552 | 15,663,735 |
| o/w internalized | 4,762,992 | 3,803,076 |
| Equity US + other markets | 10,433,006 | 8,587,427 |
| Bonds | 1,437,695 | 1,633,236 |
| Derivatives | 11,867,880 | 10,253,231 |
| o/w internalized Italy | 684,048 | 767,460 |
| CFD | 3,023,608 | 2,546,696 |
| Other | 3,816,158 | 3,734,195 |
| TOTAL EXECUTED ORDERS | 51,824,899 | 42,418,520 |
Contacts:
Tel.: +39 02 2887 2256 Tel. +39 02 2887 2358
[email protected] [email protected]
Fineco - Media Relations Fineco - Investor Relations
Barabino & Partners Tel. +39 02 72023535 Emma Ascani [email protected] +39 335 390 334
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