Banca Profilo H1 net profit drops 98.9% YoY to EUR 15,000; revenue falls 34.1% YoY to EUR 22.7 million
Reuters2026/08/13 10:06- Banca Profilo posted net income of EUR 15,000, swinging from a profit a year earlier; operating profit fell 93.4% to EUR 339,000.
- Net revenue dropped 34.1% to EUR 22.7 million, with net interest income down 22.1% to EUR 8.4 million.
- Net fees slid 74.6% to EUR 2.6 million, while net financial income and dividends fell 18.5% to EUR 10.6 million.
- Operating costs declined 23.8% to EUR 22.4 million; cost/income worsened to 98.5% from 85.2% a year earlier.
- CET1 ratio rose 3.01 percentage points to 24.93%; total customer funding including net fiduciary assets fell 42.8% to EUR 3.42 billion.
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