Bper Banca Spa Unsp/Adr (BPXXY) Q3 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. This is the Coral School Conference Operator. Welcome and thank you for joining the BPARIS Third Quarter 2024 Consolidated Results Conference Call. As a reminder, all participants are in listen-only mode. After the presentation, there will be an opportunity to ask questions. Should anyone need assistance during the conference call, they may signal an operator by pressing star and zero on their telephone. At this time, I would like to turn the conference over to Mr. Nicola Sponghi, Head of Investor Relations of Beeper. Please go ahead, sir. Thank you and good morning, everyone. I'm pleased to welcome you to our third quarter 2024 earnings conference call. Before I give the floor to our CEO, Gianni Franco Papa, please know that our slide set and press release can be found on our corporate website. I would also advise you to take note of the disclaimer on slide two of the presentation document. That said, after the presentation, our CEO and our CFO, Simone Marcucci, will take care of the Q&A session. I will reiterate that this is reserved for financial analysts who might kindly request to ask a maximum of two questions each. So, let everyone have the opportunity to contribute to today's call. Thank you very much. I will now leave the stage to Mr. Papa, CEO of Bipper. Good morning, everyone. Thank you, Nicola, for the introduction. As you can appreciate on slide four, the bank continued to post strong results throughout the first nine months of 2024. Revenues grew by 2.9%, reaching 4.1 billion euros, underlining the resilience of our business model. Adjusted net profit was up by over 2% at €1.1 billion. As I mentioned in Q2, and as a further reminder, net profit has been adjusted excluding the gain on the disposal of the MPE servicing platform in Q1 2024 an...