Mediobanca profit exceeds estimates, no direct exposure to Russia

The bank said it had no significant direct exposure to Russia, Ukraine and Belarus. Net profit for the third quarter of its fiscal year was 190.1 million euros ($200.7 million), down marginally from the prior year, but above the average analyst consensus provided. by the bank, which was 170 million euros.

Mediobanca said its core capital ratio remained broadly stable during the quarter, at 14%, after taking into account cash set aside to meet a 70% dividend payout ratio and a share buyback. started in December.

($1 = 0.9471 euros)

Source link -88