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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Q4 2021 FinecoBank Banca Fineco SpA Earnings Call Transcript

Feb 09, 2022 / 01:30PM GMT
Release Date Price: $16.69
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the FinecoBank Full Year 2021 Results Conference Call. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Alessandro Foti, CEO of Fineco. Please go ahead, sir.

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

Good afternoon, everyone, and thank you for joining our 2021 results conference call. Last year, compared with our new dimension of growth, thanks to the acceleration of the structural trends, and we are progressively delivering on our 2 strategic discontinuities in order to become more a platform fulfilling the financial needs of our clients than a bank.

First, the growth of our balance sheet is now definitely under control, which is in turn progressively improving our revenue mix in favor of fees and commissions. Second, Fineco Asset Management is now reaching a new dimension and it has accelerated its process of taking more control of the value chain to further increase our

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