(Ticker) – “We come out of the worst year in the history of the markets even stronger, demonstrating in comparison with the industry an excellent stability of the masses which underlies great management skills and merits of the range on offer. In particular, investment services reach new highsfrom asset management to advanced consultancy, confirming the quality of the solutions with greater added value that strengthen our leadership in private banking”. This was stated by the CEO and general manager of Banca Generali, Gian Maria Mossacommenting on the 2022 results.
L’recurring net income rose 25.2% to €221.1 million, a new all-time high, while theconsolidated net profit it fell by 34% to 213 million euros due to the decrease in variable commissions.
“The income statement and balance sheet items capture, with the double-digit growth of recurring assets and the solidity of the capital ratios, the excellence and sustainability of the bank which can count on the growing diversification of revenues and on the value of assets – said Mossa – Despite the economic and geopolitical uncertainties and pressure from the stock exchanges in 2022, after the first year we are in line, and for some voices even ahead, compared to the ambitious objectives of our three-year plan”.
“The attention and determination that comes to us from bankers and the trust from customers make us look forward to the coming months with optimism in which we are convinced that we will continue to grow at a faster rate than that of our reference sector”, added the CEO.