FinecoBank Banca Fineco Reports Full Year 2024 Earnings

FinecoBank Banca Fineco (BIT:FBK) Full Year 2024 Results

Key Financial Results

• Revenue: €1.31b (up 6.8% from FY 2023).
• Net income: €652.3m (up 7.1% from FY 2023).
• Profit margin: 50% (in line with FY 2023).

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 grow 1.9% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Banks industry in Italy.

Performance of the Italian Banks industry.

The company's shares are down 3.0% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for FinecoBank Banca Fineco that you need to be mindful of.

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