Banca Mediolanum SpaMIL: BMED

BMED: Net income up 10% YoY, record managed inflows, and strong capital support 2025 outlook

· Issued by Banca Mediolanum Spa

Q1 2025 saw net income rise 10% YoY to €243.3M, with record managed asset inflows and strong customer growth. NII declined 18% due to deposit promotions, but commission income and efficiency offset this. Guidance for 2025 remains unchanged, with robust capital and new initiatives targeting high-net-worth clients.

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