Earnings Alerts

Banca Generali (BGN) Earnings: July Net Inflows Reach €408M, Shares Drop 3%

  • Banca Generali reported €408 million in net inflows for July 2024.
  • Year-to-date (YTD) net inflows reached €4 billion, a 9% increase year-over-year (YoY).
  • Net inflows of Assets under Investment stood at €208 million for July 2024.
  • Year-to-date (YTD) net inflows of Assets under Investment totaled €1.7 billion.
  • Banca Generali‘s shares fell 3%, closing at €37.42 with 125,334 shares traded.
  • The stock has 2 buy ratings, 10 hold ratings, and no sell ratings.

A look at Banca Generali Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE3.4

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

Based on the Smartkarma Smart Scores, Banca Generali shows a promising long-term outlook. With a high dividend score of 5, the company seems to be focused on rewarding its investors. Additionally, a strong momentum score of 5 suggests that Banca Generali is performing well and gaining positive attention in the market. While the value and resilience scores are moderate at 2, indicating some room for improvement, the growth score of 3 shows potential for expansion in the future.

Banca Generali S.p.A. is an Italian asset gathering company that targets affluent and private clients through various financial channels. Offering a wide array of banking services, asset management, and insurance products, the company leverages its in-house expertise along with a diverse range of asset management products. With high scores in dividends and momentum, Banca Generali appears to be well-positioned for continued success in the financial sector.


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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