Banca Fideuram S.p.A., together with its subsidiaries, provides banking, insurance, and investment services primarily in Italy. The company operates in three segments: Managed Financial Assets, Life Insurance Assets, and Banking Services and Other. The Banking Services and Other segment offers banking and financial services. The Managed Financial Assets segment is involved in the provision of discretionary accounts and mutual funds business. The Life Insurance Assets is engaged in the life insurance and pension funds business. The company also provides securities brokerage and online securities trading services; current accounts; demand and term deposits; loans; repurchase agreement deposits...
Piazzale Giulio Douhet, 31
Rome, RM 00143
Banca Fideuram S.P.A. Reports Earnings Results for the First Quarter Ended March 31, 2014
May 15 14
Banca Fideuram S.p.A. reported earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported operating income of €240 million, contributing approximately 6% of the consolidated operating income (5% in first quarter of 2013), down 3.8% from €250 million in fourth quarter of 2013 (up 6.7% excluding approximately €25 million performance commissions from fourth quarter of 2013) and up 23.1% from €195 million in first quarter of 2013. Income before tax from continuing operations was €143 million, up 17.3% from €122 million in fourth quarter of 2013 (up 47.4% excluding performance commissions from fourth quarter of 2013) and up 50.5% from €95 million in first quarter of 2013. Net income was €78 million against €13 million in fourth quarter of 2013 (against €42 million excluding €29 million impairment, net of tax, of goodwill and other intangible assets, up 85.7%) and versus €57 million in first quarter of 2013 (up 36.8%).
Banca Fideuram S.p.A. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2012
Nov 13 12
Banca Fideuram S.p.A. announced earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company reported net interest income of EUR 2,317 million against EUR 2,479 million a year ago. Operating income was EUR 4,443 million against EUR 3,800 million a year ago. Income before tax from continuing operations was EUR 962 million against EUR 224 million a year ago. Net income was EUR 414 million or EUR 0.10 per basic and diluted share against EUR 527 million or EUR 0.14 per basic and diluted share a year ago.
For the nine months period, the company reported net interest income of EUR 7,249 million against EUR 7,239 million a year ago. Operating income was EUR 13,387 million against EUR 12,520 million a year ago. Income before tax from continuing operations was EUR 3,224 million against EUR 2,768 million a year ago. Net income was EUR 1,688 million or EUR 0.10 per basic and diluted share against EUR 1,929 million or EUR 0.14 per basic and diluted share a year ago.