- Q4 2024 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptAug 01, 2024€14.37 (-4.17%)Earnings
- Half Year 2024 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptFeb 09, 2024€11.64 (-1.73%)Earnings
- Q1 2024 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptOct 26, 2023€10.9 (-1.04%)Earnings
- Full Year 2023 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptJul 27, 2023€11.96 (+3.69%)Earnings
- Mediobanca Banca di Credito Finanziario SpA Capital Markets Day TranscriptMay 24, 2023
- Q3 2023 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptMay 11, 2023€9.69 (-2.75%)Earnings
- Half Year 2023 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptFeb 09, 2023€10.36 (+1.52%)Earnings
- Q1 2023 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptOct 27, 2022€9.09 (+3.11%)Earnings
- Q4 2022 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptJul 29, 2022€8.36 (+2.30%)Earnings
- Q3 2022 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptMay 11, 2022€9.82 (+0.43%)Earnings
- Q2 2022 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptFeb 09, 2022€10.58 (+2.12%)Earnings
- Q1 2022 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptOct 27, 2021€10.44 (+0.10%)Earnings
- Q4 2021 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptJul 29, 2021€9.93 (-0.64%)Earnings
- Q3 2021 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptMay 11, 2021€9.67 (+0.21%)Earnings
- Q2 2021 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptFeb 09, 2021€8.54 (+0.92%)Earnings
- Q1 2021 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptOct 27, 2020€6.36 (-2.63%)Earnings
- Q4 2020 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptJul 30, 2020€6.75 (-2.71%)Earnings
- Q3 2020 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptMay 07, 2020€5.14 (-0.27%)Earnings
- Q2 2020 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptFeb 06, 2020€9.42 (-1.59%)Earnings
- Mediobanca Banca di Credito Finanziario SpA Strategic Plan Meeting (2019-2023) TranscriptNov 12, 2019
- Q1 2020 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptOct 24, 2019€10.77 (+1.03%)Earnings
- Q4 2019 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptJul 31, 2019€9.05 (-0.44%)Earnings
- Q3 2019 Mediobanca Banca di Credito Finanziario SpA Earnings Call TranscriptMay 09, 2019€8.99 (-2.71%)Earnings
Half Year 2024 Mediobanca Banca di Credito Finanziario SpA Earnings Call Transcript
Good morning, and thank you for joining the call. In this first half of the year, we have delivered strong and capital efficient growth. And what is even more important is that we are implementing the new vision of the group. In fact, in this first half, we're increasing TFA by EUR5.5 billion, with the EUR4 billion of net new money, which is a quite a good level compared to the standard of the industry.
We have, in the meantime, reduced by 5% RWA to EUR49 billion through the optimization of CIB. This led to an increase of 4% of revenues to EUR1.7 billion and a 10% increase in overall profitability. CET was at 15.3%, with 150 bps of capital generation, fronting the M&A and the share buybacks. There's been a visible value creation with the ROTE up to 13.3%, a double-digit increase, both in EPS and in tangible book value per share to 12%.
So this strong growth, coupled with the strong capital generation, is allowing a good capital distribution. So we have introduced the first interim dividend, which
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