(Finance) – Banco di Desio and Brianza closes the third quarter with a Net income consolidated amount of € 64 million, an increase compared to the same period of 2021 (+ 15.2%) with annualized ROE of 8% (+ 2.7%).
The Operating margin amounted to 151.5 million, a further improvement compared to the third quarter of 2021 (+ 12.9%) driven by the increase in revenues to Euro 350.6 million (+ 5.6%) and by the growth in volumes.
Cost income ratio to 60.8% in the period, down by 2.7% compared to the same quarter of the previous year.
Confirmed the financial solidity of the Banco Desio Group with CET1 at 15.01%.