FinecoBank SpA (OTCPK:FCBBF)
$ 14.48 0 (0%) Market Cap: 9.95 Bil Enterprise Value: 7.56 Bil PE Ratio: 14.61 PB Ratio: 4.24 GF Score: 81/100
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Q3 2019 FinecoBank Banca Fineco SpA Earnings Call Transcript

Nov 05, 2019 / 12:30PM GMT
Release Date Price: $10.2
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the FinecoBank Third Quarter 2019 Results Conference Call. (Operator Instructions)

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

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

Good afternoon, everyone, and thanks for joining our third quarter 2019 results conference call. Before we start going through the details of the presentation, let me please underline the key messages of the quarter.

First of all, our 9-month results recorded our best net profit ever, confirming once again the sustainability of our sound business model, able to deliver solid results in every market conditions. Second, the growth of our very well diversified stream of revenues has been supported by all business areas. Please note that our brokerage business has strongly performed in the third quarter, the best one since the introduction of ESMA regulation, showing that

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