Sections

Mediobanca profit drops to 330 mn in quarter

Shares plummet 7% on results

Redazione Ansa

(ANSA) - ROME, NOV 12 - In the first quarter of the 2024/2025 financial year, Italy's premier merchant bank Mediobanca saw its profit fall to 330 million from 351.3 in the same period last year and revenues remain stable at 864. 6 million from 864 million.
    CEO Alberto Nagel said the bank's priority was "organic growth and not mergers and acquisitions".
    Mediobanca shares fell 7% on the Milan stock exchange.
    photo: Nagel (ANSA).
   

Leggi l'articolo completo su ANSA.it