Accounts records for Mediobanca in the first half of the 2017-2018 financial year. L'Net income of the institute, it reads in a note, reached 476 million euros, an increase of 14% on an annual basis.
I revenues, on the other hand, increased to 1,17 billion (+9%), while the interest margin rose to 672 million (+6%) and the commissions they reached 291 million (+23%).
Il Operating income stood at 523 million, an increase of 23%, while the Red recorded an 11% increase.
Also growing masses managed (+1,5 billion in 6 months) and the uses (retail +11%, to 22 billion).
La capital strength and the low risk profile are reflected in the assignment by the ECB of a minimum Srep coefficient for 2018 equal to 7,6% for the Cet1 ratio (phase in) and 11,1% for the Total capital ratio.
The institute therefore says it is certain that it will not suffer any material impact from the introduction of the new regulatory provisions (Npl addendum, Ifrs9, Basel IV, Eba guidelines).
Finally, Mediobanca revised upwards the payout ratio, bringing it to 40-50%, from the previous 40%.
