Financial results

The Mediobanca Group closed the 2024/25 financial year with its best-ever results, consolidating the growth of all banking divisions and fully achieving the annual targets of the "One Brand One Culture" Plan to 2028. Group revenues reached a new peak of €3.7 billion (+3% y/y), with resilient net interest income and an impressive growth in fees (+14.2% y/y). Net profit rose to €1.3 billion (+4%), confirming high levels of profitability (ROTE at 14 %). Capital solidity is also confirmed (CET1 at 15.1%) along with significant growth in per-share values (12-month EPS at €1.64, +7%) and a dividend payout to shareholders among the best in the sector (100% payout and 9% yield).

In Wealth Management, revenues grew by 5% to €972 million and profit increases by 11% to over €230 million, driven by double-digit growth in fees. Total assets under management rose to around €112 billion (+13% y/y), while net inflows – among the highest in the sector, also thanks to the success of the Private & Investment Banking model – reached €11 billion, around 60% of which is in managed solutions.

Corporate & Investment Banking closed the twelve months with double-digit revenue growth (€888 million, +26% y/y) and a particularly solid fourth quarter (€211 million). The results reflected increasing synergies with Wealth Management, a focus on low capital absorption activities, and the strengthening of the Group’s international presence. RoRWA rose to 2%, supported by growing net profit (€270 million).

Consumer Finance posted record revenues of €1.277 billion (+7% y/y), supported by a 9% increase in net interest income to €1.134 billion, thanks to the strengthening of proprietary and digital distribution channels.

Mediobanca’s commitment to ESG issues underpinned all Group activities, through operations that demonstrate the Bank’s dedication to projects that contribute to a fairer, more inclusive, and lower-impact future.