Italy's Fineco sales jump 35% on strong customer acquisitions
Italy's Fineco sales jump 35% on strong customer acquisitions July 30 (Reuters) - Italian digital bank Fineco FBK.MI on Thursday reported a nearly 35% rise in its half-year net sales to €8.9 billion ($10.2 billion), boosted by strong new customer gains.
In the first half of 2026, the bank acquired 125,594 new customers, up 25.9% from a year ago.
Fineco is "in the sweet spot to capture additional growth opportunities in the years ahead, supported by the Bank’s ability to attract a broad base of high-quality new clients", CEO Alessandro Foti said.
Fineco's net profit stood at €178.2 million in the second quarter of the year, up 16% from last year.
Fineco had said in March it planned to grow the pace at which it gathers new money by using AI and targeting clients from "inefficient" German banks.
($1 = 0.8732 euros)
(Reporting by Anna Uras, editing by Milla Nissi-Prussak)
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