Q1 2024 Mediobanca Banca di Credito Finanziario SpA Earnings Call Transcript
Good day, and thank you for standing by. Welcome to Mediobanca First Quarter 2023/2024 Results Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded.
I would now like to hand the conference over to Mr. Alberto Nagel, CEO. Please go ahead, sir.
Good afternoon, and welcome to everybody to this first quarter earnings call. I would start saying that I'm very happy with the results of this quarter for 2 reason, both in terms of quantitative, so numbers, number-wise. But what is even more important for me is that we are executing our vision in terms of what the bank should do in the next 3 years.
In terms of numbers, we have reached EUR 860 million of revenues, which is EUR 100 million plus compared to a year ago. And this reverted into new high level of net profit of EUR 350 million, with EPS at EUR 0.41, which is an increase of 1/3 compared to a year ago. Efficiency and risk assessment of the group has been kept
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