Fineco Bank closed 2014, the year of its listing on the Stock Exchange, with a net income up 76%, to 149,9 million euro, on a net interest margin of 228,2 million (+26,6%). This was announced today by the multi-channel direct bank controlled by Unicredit, adding that the Board of Directors will propose a dividend of 20 cents, equal to a pay-out of 81%.
The net result is slightly higher than analysts' expectations, who had forecast a profit of around 143-144 million.
The Fineco share on the Stock Exchange, which today reached its highest level since the quotation of 5,2 euros before the publication of the results, continued to gain around 2% at the beginning of the afternoon, to 5,155.
