Mediobanca SpA (OTCPK:MDIBY)
$ 14.335 -0.0923 (-0.64%) Market Cap: 11.81 Bil Enterprise Value: 43.07 Bil PE Ratio: 11.82 PB Ratio: 1.02 GF Score: 81/100
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Q4 2020 Mediobanca Banca di Credito Finanziario SpA Earnings Call Transcript

Jul 30, 2020 / 12:00PM GMT
Release Date Price: $8.06 (-2.12%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Mediobanca 2019 to 2020 Full Year Results Conference Call. (Operator Instructions)

I must advise you that this call is recorded today, Thursday, the 30th of July 2020.

And I would now like to hand over to Mr. Alberto Nagel, CEO. Please go ahead, sir.

Alberto Nicola Nagel
Mediobanca Banca di Credito Finanziario S.p.A. - CEO & Director

Thank you. Good afternoon, and sorry for our being a bit late. But I would like to comment with you the full year results and in particular, the fourth quarter results.

COVID-19 impact was managed successfully, and this clearly confirms the validity and the uniqueness of our business model. We do think that also based on what happened in the last 2 crisis, so 2008, 2011, Mediobanca is uniquely positioned in resilient segment. So is the 2 extreme of the market, households on one hand with compass; and large and mid-caps with, I would say, CID and other activity of wholesale banking, and mainly presence -- and more and more presence

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