Italy's Banca Mediolanum reports 10% rise in first quarter profit
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 08 2025
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Source: Reuters
Financial Performance: Italy's Banca Mediolanum reported a 10% increase in first quarter net profit, reaching 243.3 million euros ($274.59 million).
Asset Inflows and Guidance: The bank saw net inflows into managed assets exceed 3.1 billion euros in the first four months of the year, with April alone contributing 1.14 billion euros, and it confirmed its guidance for 2025.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
