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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Q2 2022 FinecoBank Banca Fineco SpA Earnings Call Transcript

Aug 02, 2022 / 12:00PM GMT
Release Date Price: $11.65
Operator

Welcome, and thank you for joining the FinecoBank Second Quarter 2022 Results Conference Call. (Operator Instructions).

At this time, I would like to turn the conference over to Mr. Alessandro Foti, CEO and General Manager of FinecoBank. 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 Second Quarter Results Conference Call. Before going into the details of our presentation, let me please remind you that in recent months, there has been a huge change in the structure of the market, which is further enlarging our growth opportunities as a platform. As you know, our new dimension of growth is underpinned by the recent acceleration of the structural trends that are reshaping the society. This has been further strengthened by the increase in the interest rate scenario since the beginning of the year. The main outcome is that Fineco is becoming more and more a fast-growing and capital-light business model with a structurally higher profitability

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