Media Relations

Strategic plan 2019-23 Guidelines approved

DISTINCTIVENESS AND SUSTAINABILITY
WILL ENABLE MEDIOBANCA TO CONTINUE TO GROW,
TURNING A CHALLENGING SCENARIO
(NEGATIVE INTEREST RATES AND STRICT REGULATION)
INTO OPPORTUNITIES

MEDIOBANCA WILL INVEST IN TALENT, INNOVATION AND DISTRIBUTION,
LAYING THE FOUNDATIONS TO DELIVER FURTHER ROBUST
GROWTH IN REVENUES, EARNINGS, PROFITABILITY AND SHAREHOLDER REMUNERATION

GROWTH
Revenues (up 4% ) to €3.0bn
Earnings (EPS up 4%¹)
ROTE 11% (10%)
Shareholder remuneration (up 50% ) for a total of €2.5bn over 4 years

PROFITABILITY
High and sustainable, at Group level and by division
Wealth Management: ROAC 25%
Consumer Banking: ROAC 28-30%
Corporate & Investment Banking: ROAC 16%

SHAREHOLDER REMUNERATION:  up to €2.5bn over 4 years
Dividend per share up 10% in 2020, then increasing by 5% each year for a total of €1.9bn
Buyback and cancellation of treasury shares up to a total of €0.3bn/€0.6bn
CET1 ratio phase-in  to be optimized at 13.5% each year
Leaving room for further acquisitions

ESG CRITERIA FULLY INTEGRATED INTO BUSINESS PLAN
Qualitative and quantitative ESG  objectives incorporated into short- and long-term remuneration schemes for senior management

Last update: 12/11/2019 - 12:54