March 4 (Reuters) - FinecoBank Banca Fineco SpA FBK.MI:
SEES 2026 DIVIDEND PAYOUT RATIO IN A RANGE 70/80%, LEVERAGE RATIO ABOVE 4.5%
SEES LOW DOUBLE-DIGIT CAGR IN BOTH TOTAL CLIENTS AND NET SALES OVER 2025–2029
EPS, NET SALES AND NEW CLIENTS EXPECTED IN LOW DOUBLE-DIGIT 2025/2029 CAGR
SEES 2026 NET FINANCIAL INCOME GROWING THANKS TO POSITIVE DEPOSITS NET SALES
LAUNCH OF NEW PAN-EUROPEAN BROKERAGE PLATFORM WILL INVOLVE FIXED COSTS OF AROUND EUR 5 MILLION IN 2026, AND EUR 5–10 MILLION PER YEAR THROUGH PLAN TO 2029
SEES 2026 OPERATING COSTS GROWTH OF AROUND 6% Y/Y, NOT INCLUDING AROUND EUR 10 MILLION OF ADDITIONAL COSTS FOR GROWTH INITIATIVES
SEES 2029 OPERATING COSTS GROWTH OF AROUND 4% Y/Y, NOT INCLUDING AROUND EUR 5 MILLION/YEAR 2027-29 OF ADDITIONAL COSTS FOR GROWTH INITIATIVES
AI TO CONTRIBUTE BETWEEN 25% AND 35% TO IMPROVEMENT IN ADVISORY NETWORK’S PRODUCTIVITY ON NET SALES BY 2029
Further company coverage: FBK.MI
(Gdansk Newsroom)
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