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FinecoBank Banca Fineco SpA
MIL:FBK

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FinecoBank Banca Fineco SpA
MIL:FBK
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Price: 20.77 EUR -1.33% Market Closed
Market Cap: 12.7B EUR

FinecoBank Banca Fineco SpA
Investor Relations

Founded in 1999, FinecoBank Banca Fineco S.p.A. has emerged as one of Italy's pioneering innovators in the financial sector, weaving technology and finance into a seamless tapestry of services. Initially established as a trading platform, FinecoBank rapidly evolved, embodying the spirit of agility characteristic of online financial institutions. As a direct multichannel bank, it offers an impressive suite of services that cater to retail and institutional clients, including banking solutions, investment services, and a sophisticated trading platform—all accessed through a user-friendly interface. This blend of banking, brokerage, and investment in a single, integrated platform allows clients to manage their financial needs with unprecedented ease and transparency.

The bank derives its revenue through a multifaceted approach that capitalizes on its diverse service offerings. A significant portion of its income stems from commission fees on trading activities and investment products, leveraging its deep-rooted expertise and robust online interfaces to attract a broad customer base. Additionally, FinecoBank earns substantial interest income through its traditional banking operations, including loans and credit services. By focusing on cost efficiency and leveraging its proprietary technology, FinecoBank maintains a competitive edge in the financial marketplace. This strategic positioning enables it to not only serve its customers with excellence but also ensure sustainable growth, cementing its status as a versatile and resilient player in the European banking landscape.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 5, 2025
AI Summary
Q3 2025

Profit & Revenue Growth: Net profit reached EUR 480.5 million and revenues EUR 969.6 million in the first nine months of 2025, both showing solid year-on-year growth.

Client Acquisition: Fineco added around 145,000 new clients YTD, up 33% YoY, with October being the second best month ever for client growth.

Net Sales Surge: Net sales were EUR 9.4 billion for the first nine months, up 36% YoY, and October continued this trend with EUR 1.3 billion in net sales.

Brokerage Record: October brokerage revenues hit a record EUR 31.5 million, with strong structural growth in active investors and assets under custody.

Cost Control: Operating costs were well managed at EUR 259.9 million, up around 6% YoY, and cost/income ratio stayed low at 26.8%.

Capital Strength: CET1 ratio stood at 23.9% and leverage ratio at 5.11%, indicating a strong capital position.

Guidance Raised: 2025 outlook improved, with expected record revenues, cost/income comfortably below 30%, payout ratio between 70–80%, and continued strong client and net sales growth.

AI Initiatives: Fineco is rolling out AI tools to boost adviser productivity and internal efficiency, with early results promising but no specific investment numbers disclosed.

Key Financials
Net Profit
EUR 480.5 million
Revenue
EUR 969.6 million
Investing Revenue
EUR 295.6 million
Brokerage Revenue
EUR 187 million (first 9 months), EUR 31.5 million (October)
Operating Costs
EUR 259.9 million
Cost/Income Ratio
26.8%
New Clients
145,000 (first 9 months), 19,000 (October)
Net Sales
EUR 9.4 billion (first 9 months), EUR 1.3 billion (October)
CET1 Ratio
23.9%
Leverage Ratio
5.11%
Liquidity Coverage Ratio
Over 900%
Net Stable Funding Ratio
Over 400%
Cost of Risk
7 basis points
Assets under Custody
EUR 52 billion
Fineco Asset Management Share of AUM
39%
ETFs in Assets under Custody
Over EUR 15 billion
Earnings Call Recording
Other Earnings Calls

Management

Mr. Alessandro Foti
CEO, GM & Executive Director
No Bio Available
Mr. Fabio Milanesi
Deputy GM and Head of It, Operations & Customer Care
No Bio Available
Mr. Silvio Puchar
Chief Compliance Officer
No Bio Available
Mr. Paolo Di Grazia
Deputy GM & Head of Global Business
No Bio Available
Mr. Mauro Albanese
Deputy GM and Head of Network PFA & Private Banking
No Bio Available
Patrizia Verdesca
Head of Internal Audit
No Bio Available
Mr. Giovanni Boneschi
Chief Risk Officer
No Bio Available

Contacts

Address
REGGIO EMILIA
Reggio nell'Emilia
Via Rivoluzione d'Ottobre, 16
Contacts