February 21, 2017 4:59 PM ET

Capital Markets

Company Overview of Banca Generali S.p.A.

Company Overview

Banca Generali S.p.A. distributes financial products for affluent and private customers through financial advisors in Italy. It operates through Affluent Channel, Private Channel, and Corporate Channel segments. The company offers range of asset management products, such as mutual funds and SICAVs, insurance and pension funds, and securities and current accounts; insurance products; wealth management services; third-party asset management products; and banking products and services. It operates 43 bank branches. The company was founded in 1998 and is headquartered in Trieste, Italy. Banca Generali S.p.A. operates as a subsidiary of Assicurazioni Generali S.p.A.

Via Machiavelli, 4

Trieste, TS 34132

Italy

Founded in 1998

Key Executives for Banca Generali S.p.A.

Banca Generali S.p.A. does not have any Key Executives recorded.

Banca Generali S.p.A. Key Developments

Banca Generali Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2016

Banca Generali reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the company reported net interest income of EUR 14.9 million against EUR 14.4 million a year ago. Net banking income was EUR 99.0 million against EUR 80.3 million a year ago. Operating profit was EUR 46.1 million against EUR 36.6 million a year ago. Profit before taxation was EUR 37.2 million against EUR 37.3 million a year ago. Net profit was EUR 37.4 million against EUR 37.3 million a year ago. EBITDA was EUR 48.0 million against EUR 39.0 million a year ago. For the year, the company reported net interest income of EUR 66.2 million against EUR 58.7 million a year ago. Net banking income was EUR 465.9 million against EUR 402.8 million a year ago. Operating profit was EUR 290.3 million against EUR 220.5 million a year ago. Profit before taxation was EUR 238.2 million against EUR 184.8 million a year ago. Net profit was EUR 203.5 million against EUR 155.9 million a year ago. EBITDA was EUR 295.7 million against EUR 226.5 million a year ago.

Banca Generali S.p.A. Proposes Dividend

At the forthcoming Shareholders’ Meeting, in light of the capital position the Board of Directors of Banca Generali S.p.A. will propose a dividend payout of €1.07 per share, with an implied dividend yield of 4.6%.

Banca Generali S.p.A., Q4 2016 Earnings Call, Feb 10, 2017

Banca Generali S.p.A., Q4 2016 Earnings Call, Feb 10, 2017

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Recent Private Companies Transactions

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