Italian bank Popolare Sondrio posts 27.6% rise in H1 net profit
05/08/2025 14:55
Aug 5 (Reuters) - Italy's Banca Popolare di Sondrio BPSI.MI on Tuesday posted a 27.6% rise in its first-half net profit, citing strong core banking revenues, which grew by over 4%. The group, majority-owned by Italy's fourth-largest bank BPER EMII.MI after a 5.44 billion euros ($6.29 billion) takeover bid, reported a first-half net profit of 336.2 million euros ($388.11 million). ($1 = 0.8663 euros) (Reporting by Laura Contemori in Gdansk, editing by) ((Laura.Contemori@thomsonreuters.com;))
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