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BMED: Record inflows and robust earnings support higher guidance and increased dividends

BMED: Record inflows and robust earnings support higher guidance and increased dividends

Banca Mediolanum SpaNovember 7, 20243
BMED: Record inflows and robust earnings support higher guidance and increased dividends

About this update from Banca Mediolanum Spa

Record net inflows and double-digit growth in commission and interest income drove a 16% rise in operating margin and a 13% increase in total assets. 2024 guidance for managed asset inflows was raised, with strong capital ratios and higher dividends planned.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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