- Amundi’s net inflows for Q2: EU15.5 billion, significantly higher than the estimated EU7.78 billion and last year’s EU3.7 billion.
- Retail net inflows: EU2.2 billion, up 4.8% from last year but below the estimate of EU2.69 billion.
- Institutional net inflows: EU1.7 billion, down 29% year-over-year.
- Joint ventures’ inflows: EU11.6 billion, a massive turnaround from last year’s loss of EU900 million, surpassing the estimate of EU4.22 billion.
- Assets under management: EU2.16 trillion, a 9.9% increase year-over-year, slightly above the estimate of EU2.14 trillion.
- Retail assets under management: EU658 billion, up 12% year-over-year, exceeding the estimate of EU654.88 billion.
- Institutional assets under management: EU1.14 trillion, a 6.4% rise year-over-year, close to the estimate of EU1.15 trillion.
- Joint ventures’ assets under management: EU356 billion, a 19% increase year-over-year, above the estimate of EU338.78 billion.
- Adjusted net income: EU350 million, a 9.4% rise year-over-year, surpassing the estimate of EU334 million.
- Adjusted net revenue: EU887 million, up 7.8% year-over-year, exceeding the estimate of EU860.3 million.
- Cost to Income Ratio: 51.9%, improved from last year’s 52.3% and better than the estimated 52.1%.
A look at Amundi SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
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
Amundi SA, a company that provides investment management services, shows a positive long-term outlook based on its Smartkarma Smart Scores. With a solid score of 4 in Value and an impressive score of 5 in Dividend, Amundi demonstrates strong fundamentals and a commitment to rewarding its investors through dividends. While its Growth score of 3 indicates moderate potential for expansion, the company’s Momentum score of 4 suggests a positive trend in its stock performance.
On the other hand, Amundi’s lower scores in Resilience (2) indicate some vulnerability to market fluctuations. However, given its strengths in Value, Dividend, and Momentum, the company appears well-positioned for sustained growth and value creation over the long term, catering to customers globally with its diverse range of investment solutions and services.
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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