Banca Akros and Banca Aletti, both banks of the Banco Bpm group, publish their respective accounts, which first of all show the good performance of Akros, which closed 2017 with a net profit up 33% to 8,1 million compared to 6 million a year earlier. Net income from financial management amounted to 58,1 million (+4% compared to 55,6 million as at 31 December 2016, +4%) while net commissions rose to 26,1 million, 66% more compared to 15,7 million in 2016. In Private Banking, assets under management amounted to approximately 1,2 billion euro (+1%).
Aletti's profit, on the other hand, is below 20 million euros, at 19,9, even if this is the result net of the non-recurring component relating to the write-down of goodwill. Without this component, the net profit would be 33,9 million euro and the result from continuing operations before tax would be 47,7 million euro. Banca Aletti ranks 5th among the most active intermediaries on the markets with a gain of four positions compared to the previous year and a market share growth from 4,46% to 5,79% (Assosim data).
