Finance

Italy's Banca Mediolanum reports 10% rise in first quarter profit

Published by Global Banking & Finance Review

Posted on May 8, 2025

1 min read

· Last updated: January 24, 2026

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(Reuters) -Italy's Banca Mediolanum reported on Thursday a 10% rise in first quarter net profit to 243.3 million euros ($274.59 million). Net inflows into managed assets for the first four months of

Banca Mediolanum's Q1 Profit Rises by 10% in 2023

(Reuters) -Italy's Banca Mediolanum reported on Thursday a 10% rise in first quarter net profit to 243.3 million euros ($274.59 million).

Net inflows into managed assets for the first four months of the year exceeded 3.1 billion euros, with 1.14 billion euros for the month of April.

The bank also confirmed its 2025 guidance.

($1 = 0.8861 euros)

(Reporting by Philippe Leroy Beaulieu in Gdansk; Editing by Susan Fenton)

Key Takeaways

  • Banca Mediolanum's Q1 net profit rose by 10%.
  • Net inflows into managed assets exceeded €3.1 billion.
  • April alone saw €1.14 billion in net inflows.
  • The bank confirmed its 2025 financial guidance.
  • Reported figures are in euros and dollars.

Frequently Asked Questions

What is the main topic?
The main topic is Banca Mediolanum's financial performance, specifically their 10% rise in first quarter profit and net inflows into managed assets.
How much did Banca Mediolanum's profit rise?
Banca Mediolanum's profit rose by 10% in the first quarter, reaching €243.3 million.
What were the net inflows for April?
The net inflows for April were €1.14 billion.

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