FinecoBank SpA (MIL:FBK)
€ 15.24 0.115 (0.76%) Market Cap: 9.31 Bil Enterprise Value: 7.63 Bil PE Ratio: 10.29 PB Ratio: 4.24 GF Score: 86/100

Q2 2019 FinecoBank Banca Fineco SpA Earnings Call Transcript

Aug 05, 2019 / 11:30AM GMT
Release Date Price: €8.71 (-2.24%)
Operator

Good afternoon. This is the chorus call conference operator. Welcome and thank you for joining the FinecoBank First Half 2019 Results Conference call. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Alessandro Foti, CEO of Fineco. Please go ahead, sir.

Alessandro Foti
FinecoBank Banca Fineco S.p.A. - CEO, GM & Executive Director

Good morning, everyone, and thanks for joining our second quarter 2019 results conference call. As you know, starting from May 10, Fineco is an independent public company. Let me remind that the exit from UniCredit Group has a small implication on Fineco's strategy and business model, and will actually allow us to be even more flexible and improve our time to market.

Fineco enjoyed the limited synergies with UniCredit and we continued to focus on maximizing shareholders' value through healthy sustainable long-term growth. Let's underline that Fineco's full independence has no [small] implications for its customers and no material impacts on its capital and liquidity strength nor on its

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