(Alliance News) - Mediobanca reported that the board approved its financial report, where in the first nine months of the fiscal year it reported group revenues up 9 percent to EUR2.6 billion. In the first three months 2024 revenues were EUR900 million, up 18% year-on-year.

Net income was EUR946 million, up 20 percent. That for the first quarter 2024, on the other hand, was EUR335 million, up 42% year-on-year.

The board of directors approved the distribution of the first interim dividend, amounting to EUR0.51 per share for a total value of EUR421 million with an ex-dividend date of May 20.

Trading revenues fell slightly to EUR134 million in the first nine months due to lower market volatility.

ROTE registered a value of 13 percent, while among capital ratios CET1 was 15.2 percent.

Mediobanca closed Thursday's session in the green by 0.8 percent to EUR14.11 per share

By Maurizio Carta, Alliance News reporter

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