Monte dei Paschi: H1 net profit of E1,159m
(CercleFinance.com) - The bank often referred to as the world's oldest, saw its net interest income rise by 8.
3% to E1,172m at 30 June 2024 (or +E89.4m).
The Siena-based group recorded net fee and commission income of E736m at 30 June 2024, up on the figure for the same period last year (+9.8%).
Group gross operating income totaled E1,106m, up +18.0% on 30 June 2023 (to E937m). At 555 million euros, Q2 2024 earnings were up on the previous quarter (E551m).
Net income stood at E1,159m at 30 June (+87.3% y-o-y), including E827m in Q2.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
3% to E1,172m at 30 June 2024 (or +E89.4m).
The Siena-based group recorded net fee and commission income of E736m at 30 June 2024, up on the figure for the same period last year (+9.8%).
Group gross operating income totaled E1,106m, up +18.0% on 30 June 2023 (to E937m). At 555 million euros, Q2 2024 earnings were up on the previous quarter (E551m).
Net income stood at E1,159m at 30 June (+87.3% y-o-y), including E827m in Q2.
Copyright (c) 2024 CercleFinance.com. All rights reserved.