In the first half of 2012 Where's Banca has registered a net profit of 159,5 million euros, down 36,6% compared to the same period last year. Normalized profit, on the other hand, increased by 72,1% to 120,5 million. This was reported in a press release from the institute.
The operating margin of the group amounted to 653,8 million, up by 33,3%. Core Tier 1 is 10,24%, Tier 1 10,75% and Total Capital Ratio 15,01%, exceeding the capitalization targets recommended by the EBA. Core Tier 1 under the European Banking Authority exercise is 9,24%.
At the opening this morning, the UBI share gained 0,85% in Piazza Affari.
