Banca Generali (LTS:0DQZ)
€ 41.66 -0.52 (-1.23%) Market Cap: 4.78 Bil Enterprise Value: 4.46 Bil PE Ratio: 11.68 PB Ratio: 3.96 GF Score: 80/100

Q1 2023 Banca Generali SpA Earnings Call Transcript

May 11, 2023 / 12:00PM GMT
Release Date Price: €29.75 (-0.65%)
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Banca Generali First Quarter 2023 Results conference call. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Gian Mossa, CEO and General Manager of Banca Generali. Please go ahead, sir.

Gian Maria Mossa
Banca Generali S.p.A. - GM, CEO & Executive Director

Good afternoon, and thank you for participating to our first quarter result conference call. Before starting, I would like just to inform you that we have changed some slight just to better represent the business model of the bank. So the first quarter was pretty impressive on different aspects. First of all, the total assets of our clients achieved the highest level ever and basically thanks to an increasing productivity of our existing sales force. On the financial numbers, pretty impressive, the new eyes of the recurring fees and recurring net profit. Thanks, of course, to very strong net interest income, but also sticky recurring revenues, thanks to diversification and

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot