Banca Mediolanum closed the first nine months of the year with a consolidated net profit of 305 million, a decrease of 2% compared to the result of the same period last year. Total managed and administered assets amounted to 74.282 million, up by 11% compared to the figure as at 30 September 2015. The Common Equity Tier 1 Ratio was 20,4%.
Through Banca Mediolanum, net inflows in Italy were positive for 3,925 billion, 30% more than in the same period of 2015. The bank's Board of Directors, which approved the accounts today, also resolved that starting from 23 November, dividends of 0,16 euro per share will be distributed during the year.
In the afternoon, Banca Mediolanum's share on the Stock Exchange gained around 1%, to 6,20 euros.
