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
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Q3 2022 FinecoBank Banca Fineco SpA Earnings Call Transcript

Nov 08, 2022 / 01:00PM GMT
Release Date Price: €14.01 (-1.93%)
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the FinecoBank Third Quarter 2022 Results Conference Call. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Alessandro Foti, CEO of FinecoBank.

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

Good afternoon, everyone, and thank you for joining our third quarter results conference call. Before going into the details of our presentation, let me please remind you that the big change in the structure of the market over the recent months is further enlarging our growth opportunities as a platform.

As you know, our new dimensional growth is underpinned by the recent acceleration of the structural trends that are reshaping the society. This has been further strengthened by the increase in the interest rate scenario since the beginning of the year.

The main outcome is that Fineco is becoming more and more a fast-growing and capital-light business model with a structurally

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