MILAN (ITALPRESS) – Banca Generali closed the exercise 2025 with a consolidated net profit of 445.8 million (+3.4% a/a), the highest level ever achieved in its history. The managed and managed masses for the customers have reached a new peak at 113,5 billion (+9.3% a/a) while the net collection of the period has exceeded 6,8 billion (+2.9% a/a). The solidity of the result also emerges from the increase of the net profit recurring, climbed to 362,5 million (+6.8% a/a), a new historical maximum, and increasing to a double rate regarding the total profit. Recurring profits account for 81% of consolidated net income (79% in 2024), confirming the continued strengthening of the bank’s financial sustainability. The intermediation margin rose to 1,03 billion (+2.0% a/a) driven by the double-digit increase of the net recurring commissions (530 million, +11.3% a/a) and the positive contribution of the financial margin (355.5 million, +5.0% a/a).
Operational costs amounted to 361.2 million (+22.9% a/a), including 38.3 million linked to the change of perimeter and 13.5 million (3.6 million in 2024) of non-recurring expenses mainly related to costs related to Mediobanca’s Ops, the launch of strategic projects and internal efficiency initiatives. The Board has decided to present to the shareholders’ meeting scheduled for 16 April, the proposal to distribute dividends for 338.9 million, amounting to 2.90 per share (to the gross of the bills) for each of the 116.851.637 shares issued and corresponding to a total pay-out of 76% of the consolidated profit of the financial year 2025. At 31 December 2025, the CET1 ratio of Banca Generali stood at 17.1% and the Total Capital ratio (TCR) at 18.9%, including the proposed distribution of the profits described above.
Both asset coefficients are higher than the minimum requirements set by Banca d’Italia (CET1 ratio at 8.7% and Total Capital Ratio at 13.2%) in the periodic SREP review and evaluation process for 2026. At 31 December 2025, the total managed and administered Masses on behalf of Banca Generali customers reached the new historic maximum of 113.5 billion (+9.3% a/a). The total net collection of 2025 was 6.8 billion, above the target of 6.0 billion communicated for the year and up 2.9% compared to 2024.
“We are extremely pleased with the results achieved: profits and masses never so high, accompanied by a commissioning development in double digit growth, confirm the solidity and sustainability of the path undertaken. Despite the impact of extraordinary operations, the bank and its people have maintained a clear direction on strategic objectives, carrying out projects of great importance such as the integration of Intermonte, the launch of inurbanking with Alliance and the development of artificial intelligence platforms to support bankers, which represent fundamental pillars for the future growth of the institute.” Thus the Ad and General Manager of Banca Generali, Gian Maria Mossa, commenting on the data relating to the exercise 2025. “More in general – he adds – we perceive a new energy within the bank, after having definitively exceeded a phase characterized by strong uncertainty and inaugurated a season full of exciting growth prospects.”.
“We believe that this is the most significant message for all stakeholders – primarily employees, consultants and customers, but also institutions and markets. In particular, we consider it essential to address a signal of great attention to our shareholders, through a proposal of constant increase of the coupon and management of risks and business oriented to the creation of sustainable value in the long term. We started this new exercise with the right step and we face it with confidence and ambition, aware of the context characterized by increasing incognite and volatility, but strong opportunities that allow us to further strengthen the distinctiveness of our business model and our development path”, concludes Mossa.
– photo IPA Agency –
(ITALPRESS).
