Feb 3 (Reuters) - Italy's Banca Mediolanum on Tuesday posted an 11% rise in annual net profit to a record 1.24 billion euros ($1.46 billion) for 2025. Net interest income was reported at 812.1 million
Banca Mediolanum Achieves Record Net Profit of €1.24 Billion in 2025
Banca Mediolanum's Financial Performance Overview
Feb 3 (Reuters) - Italy's Banca Mediolanum on Tuesday posted an 11% rise in annual net profit to a record 1.24 billion euros ($1.46 billion) for 2025.
Net Interest Income and Dividend Proposal
Net interest income was reported at 812.1 million euros, meeting guidance that had been raised in November to "nearly in line" with 2024. The bank said it expects NII to rise by around 10% this year.
Managed Assets and Future Expectations
It proposed a dividend of 1.25 euros per share, confirming expectations that the overall dividend paid for 2025 would increase from the prior year. It sees the 2026 dividend increasing again from 2025's base figure of 0.80 euro per share.
Net inflows into managed assets exceeded guidance at 9.06 billion euros, and are expected to remain around 9 billion euros in 2026.
"We close 2025 with a standout set of results," CEO Massimo Doris said in a statement. "This performance was driven primarily by growth in operating margin, underscoring the solidity of our underlying business."
($1 = 0.8479 euros)
(Reporting by Mirko Miorelli; Editing by Alison Williams, Kirsten Donovan)
