- Banca Mediolanum reported a net income of €1.12 billion for the fiscal year, surpassing the estimate of €1.1 billion and marking a 36% year-over-year increase.
- The final dividend per share was announced at €1.
- Net interest income came in at €811.1 million, slightly above the estimated €808.1 million.
- The net commission income was reported to be €1.17 billion.
- The total commission income reached €2.04 billion.
- The Common Equity Tier 1 (CET1) ratio was recorded at 23.7%, which fell short of the 24.8% estimate.
- There are currently 14 buy recommendations, and no hold or sell recommendations for Banca Mediolanum.
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A look at Banca Mediolanum Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Banca Mediolanum shows promising long-term potential. With a strong score of 5 in the Dividend category, the company indicates a solid track record of distributing profits to its shareholders, making it an attractive option for income-seeking investors. Additionally, a score of 4 in Growth suggests that Banca Mediolanum has plans for expansion and development in the future, potentially leading to increased market share and profitability. This positive momentum is further supported by a high score of 5 in Momentum, indicating a strong performance trend that could continue in the coming years.
However, it’s worth noting that Banca Mediolanum receives a score of 3 in Value, which may suggest that the stock is currently trading at a fair valuation. With a score of 2 in Resilience, there may be some concerns about the company’s ability to withstand economic downturns or market fluctuations. Despite these factors, Banca Mediolanum‘s overall outlook remains positive, especially for investors seeking dividends and growth opportunities in the banking sector.
Summary: Banca Mediolanum S.p.A. is an Italian company that provides a wide range of banking, financial, insurance, retirement, and real estate products and services through its component companies.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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