Italy's Banca Generali Q1 net profit rises 15%

Banca Generali SpA

06/05/2026 11:54

Overview

Italian wealth management bank's Q1 net profit rose 15% yr/yr

Recurring net profit for Q1 grew 8% yr/yr

Net interest income for Q1 increased 4% yr/yr

Outlook

Company expects momentum in net inflows and investment solutions to strengthen in coming months

Banca Generali says liquidity and capital ratios remain strong amid complex macroeconomic context

Company sees robust demand for investment products and services continuing

Result Drivers

NET RECURRING FEES - Co said double-digit growth in net recurring fees contributed to higher net banking income

ASSET VOLUME EXPANSION - Co attributed net interest income growth to ongoing expansion of asset volumes and their profitability

STRONG NET INFLOWS - Co said robust net inflows from investment products and securities supported Q1 results

Company press release: ID:nBIA79kkWd

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Interest Income
EUR 82.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Banca Generali SpA is €61.25, about 11.6% above its May 5 closing price of €54.90

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 16 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)