FinecoBank Banca Fineco (BIT:FBK) Full Year 2023 Results
Key Financial Results
- Revenue: €1.23b (up 32% from FY 2022).
- Net income: €609.1m (up 42% from FY 2022).
- Profit margin: 49% (up from 46% in FY 2022). The increase in margin was driven by higher revenue.
All figures shown in the chart above are for the trailing 12 month (TTM) period
FinecoBank Banca Fineco Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 1.1% growth forecast for the Banks industry in Italy.
Performance of the Italian Banks industry.
The company's shares are down 1.4% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for FinecoBank Banca Fineco (1 can't be ignored) you should be aware of.
Valuation is complex, but we're helping make it simple.
Find out whether FinecoBank Banca Fineco is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About BIT:FBK
FinecoBank Banca Fineco
FinecoBank Banca Fineco S.p.A. provides banking and investment products and services.
Flawless balance sheet with solid track record.
