Home Business CheBanca !, archived half year with record growth in volumes and profitability

CheBanca !, archived half year with record growth in volumes and profitability


The first half of the 2021/2022 financial year of CheBanca! closed with record growth for masses (+ 15% approximately, exceeding 34 billion) and the profitability (+ 13% approximately, almost 200 million). This was announced in a press release by the Mediobanca group company active in financial consultancy.

CheBanca !: the growth of the masses

In detail, the masses totals by CheBanca! have reached i 34.2 billion eurosup by 14.5% y / y and 2.4% compared to September 2021, with an increase in AUM / AUA components of 23.7% y / y 17.2 billion (+ 5.8% compared to September 2021).

The growth in volumes sees a balanced contribution from the main distribution channels in the half year. The masses belonging to the proprietary channel they amounted to 26.6 billion, divided into 11.9 billion AUM / AUA and 14.8 billion deposits. As regards the masses referring to i financial advisors reached 7.6bn, divided into 5.3bn AUM / AUA and 2.3bn deposits.

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The increase in revenues

During the first half of 2021/2022 i revenues of the Milanese bank increased by 12.8% (+22.1 million; from 173.3 million a 195.4 million euros) thanks to the positive contribution of the interest margin which grew by 6.8% (+7.6 million; from 111.9 million to 119.5 million) but above all to commissions increased by 24% (+14.5 million; from 60.5 to 75 million) with particular regard to managed / insured component which goes from 43.5 to 57.3 million euros.

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