Streetbeat News

FCBBF

Finecobank SpA

https://finecobank.com

CEO

Alessandro Foti

Industry

Commercial Banking

Open

12.95

Mkt cap

8.8B

Volume

2.1K

High

14.48

P/E Ratio

13.16

52-wk high

15.00

Low

12.95

Div yield

0.05

52-wk low

11.61

FinecoBank Banca Fineco S.p.A. is positioned more like a fintech company due to its focus on Brokerage and Investing, making it less cyclical. It boasts strong financials with a CET1 ratio of 27.29% and impressive liquidity. The bank's strategy to attract young investors with favorable conditions and free ETF replay plans is driving growth.

Portfolio Pulse from

November 06, 2024 | 8:30 pm

FinecoBank has raised its 2024 forecast due to expected increased revenue from commissions and plans to offer a higher dividend per share based on 2024 results.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

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