Record profit 511 mn, Banco BPM raises guidance

Record profit 511 mn, Banco BPM raises guidance

Banco Bpm closed the first quarter of the year with a profit of 511 million euros, the best quarterly result ever, up 38% on the same period of 2024 and rising to 549 million including the full integration of Anima. (ANSA)

Best quarter ever and guide 2025 corrected to the rise. Banco Bpm numbers give a sense to the piccata response to Unicredit's Ops. And above all they represent "a key starting point for the stand alone valuation of the bank, and before any M&A operations" emphasizes Piazza Meda in the note with which it presents the accounts of the first quarter, archived with a net profit of 511 million, up 38% on an annual basis. The net result, considering th…

Banco Bpm closes the first quarter of 2025 with a record net profit of 511 million euros, up 38 percent on an annual basis. CEO Giuseppe Castagna defined it, during the presentation of the results to shareholders, as “the best result in our history. We are on the trajectory of our plan to 2027”. Piazza Meda surpasses itself also thanks to the full integration of Anima Holding. The net result thus rises to 549 million euros, already above the tar…