MPS revenue rises to three.04 billion, new plan on 27 February | EUROtoday

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MPS closes 2025 with a gaggle web revenue of three.036 billion euros, up in comparison with the 1.95 billion of the earlier yr, thanks additionally to the contribution of the consolidation of Mediobanca within the final quarter of the yr and after the unfavourable results of the ‘PPA’ (buy worth allocation). The web revenue of MPS alone stands at 2.75 billion euros, up 17.7% on an annual foundation web of tax results, thus aligning itself with market expectations. Thanks to a capital construction on the high of the system, the financial institution affords shareholders a coupon of 0.86 euros, for a dividend pool of over 2.6 billion euros, with a dividend yield of 10%.

Revenues rising, regardless of the charges

The financial institution led by Luigi Lovaglio information whole revenues of 4.957 billion euros, of which 883 million attributable to Mediobanca. On a like-for-like foundation, revenues stood at 4.074 billion, up 1% in comparison with 2024, confirming the general stability of the enterprise regardless of a part of normalization of the macro and rate of interest context. The state of affairs inevitably weighs on MPS’s curiosity margin, which drops to 2.182 billion euros (−7.4% on an annual foundation).

Confirming themselves as the principle progress driver, consistent with different Italian banks, are the web commissions, which attain 1.586 billion euros on a like-for-like foundation (+8.2%), thanks above all to the contribution of wealth administration and advisory, which recorded double-digit progress (+13.3%), strengthening the income combine.

Stable prices, declining impaired loans

On the fee entrance, working bills amounted to 1.885 billion euros, up 0.8% regardless of the impression of the renewal of the nationwide contract, with a steady price/revenue ratio of 46%.

The enchancment in credit score high quality continues: the inventory of impaired loans falls to 2.9 billion euros, theGross NPE ratio drops to three.5% (from 4.5% in 2024) and the price of danger is diminished to 40 foundation factors, in comparison with 53 bps the earlier yr, because of decrease flows into non-performing loans and higher recoveries.