Results and presentations
Alberto Nagel, CEO of Mediobanca, said: “The Group has delivered its best-ever results in FY 2023-24, in terms of revenues (€3.6bn), net profit (almost €1.3bn), profitability (ROTE 14%), and shareholder distribution (~€1.1bn in dividends and share buybacks), successfully launching the main initiatives contained in the 2023-26 Strategic Plan. The scenario for the coming months looks uncertain, due to the geopolitical and macro trends, and will require banks to be able to turn the expected volatile environment into opportunities. Mediobanca is in a privileged position on the back of its specialized business model, responsible approach to banking, differentiating product capabilities, and its positioning versus entrepreneurial families which is unique in the Italian landscape. With these distinguishing features, and through increasingly efficient management of both assets and capital, we have started the second year of the “One Brand–One Culture” Strategic Plan, with the objective of being one of the best growth and remuneration stories for all our stakeholders”.