- Mediobanca reported a 3Q net income of EU334.9 million, exceeding the estimated EU301.6 million.
- Their revenue for the same period was EU897.6 million, surpassing the estimate of EU879.4 million.
- Net interest income amounted to EU495.9 million, higher than the estimated EU494.3 million.
- Fee and commission income for 3Q were reported at EU238.1 million, beating the estimate of EU230.2 million.
- Mediobanca realised a pre-tax profit of EU455.4 million; the estimate was EU409.3 million.
- Operating costs incurred stood at EU388.6 million which is slightly over the estimated EU383.8 million.
- They allocated EU62.8 million for provision for loan losses, less than the estimated EU76 million.
- The market sentiment for Mediobanca currently stands at 7 buys, 7 holds, and 4 sells.
A look at Mediobanca SpA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
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
Mediobanca S.p.A., an investment bank based in Italy, has been given a positive outlook according to Smartkarma Smart Scores. With strong scores in Dividend and Momentum, Mediobanca is showing resilience in its ability to generate returns for investors and maintain positive growth momentum. Investors looking for stable returns through dividends may find Mediobanca an attractive option as it has scored a perfect 5 in this category.
Although the company scored lower in terms of Growth and Resilience, with scores of 3 and 2 respectively, its overall outlook remains positive with a Value score of 4. Mediobanca’s diverse range of services, from traditional banking activities to sophisticated capital market solutions, positions it as a versatile player in the financial sector, catering to both domestic and international clients. This mix of services may contribute to its strong momentum and dividend performance, making it an intriguing long-term investment option for those seeking stability and growth potential.
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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