Q1 2022 Bper Banca SpA Earnings Call Transcript
[Interpreted] Good evening. This is the Chorus Call conference operator. Welcome, and thank you for joining the presentation on BPER Banca's First Quarter 2022 Results. (Operator Instructions)
At this time, I would like to turn the conference over to Mr. Piero Luigi Montani, CEO of the BPER Banca Group. Please go ahead, sir.
[Interpreted] Thank you. Good evening. Thank you for joining. Briefly, I would say that the quarter that has just been closed reflects strong growth in profitability despite difficult environment. Combined with a sound capital position and excellent liquidity profile, the first quarter results bear witness to the progress achieved in credit quality.
The quarter closed with a net profit of EUR 113 million after payment of almost EUR 45 million -- EUR 46 million in contributions to the Single Resolution Fund. Operating income totaled EUR 883 million (sic) [EUR 884 million], up 16.6% year-on-year, driven by the growth in net commission income amounting to EUR 450
| 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... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
