Banca Profilo’s Internet Banking is renewed
The user experience becomes simpler and more customizable thanks to additional features and an updated, interactive and intuitive interface. The new Internet Banking will be online from 13 December 2022 and you will have the option to switch back to the old view until 13 January 2023. Lots of features and a new design: dashboard, quick actions, team management and lots of other new features such as the ability to customize the Homepage with the content and order you prefer.
MGM buys the Rekord Group
Banca Profilo assisted MGM in the acquisition of the Rekord S.r.l. Group, a leading European manufacturer of high-end technical, sports and outdoor shoes.
The acquisition was carried out through a capital increase carried out by the Foglio/Congiu family jointly with Clessidra Capital Credit, SIP, Smart Capital and Brixia Finanziaria and the issue of a bond loan subscribed by Clessidra Capital Credit, Banca Ifis, Anthilia Capital Partners and the regional finance company Veneto Sviluppo. The new MGM-Rekord Group aims to become the main European production hub in the outdoor technical footwear segment.
Banca Profilo acted as Financial Advisor with a team made up of: Baga Marco, Head of Investment Banking, Alessio Muretti, Deputy Head of Investment Banking, Attilio Domenico Modaffari, Associate and Filippo Serafini, Analyst.
Read more in the press release!
Private Banking Awards 2022
Banca Profilo was awarded in the Top Private Markets category at the Private Banking Awards 2022 for “having distinguished itself for its ability to present – through industrial club deals and also in real estate – new investment opportunities that respond to diversification needs”.
We are happy to have received an award that demonstrates our ability to always find new, exclusive and one-of-a-kind investment opportunities for our customers.
Results for the first nine months of 2022
The results for the first 9 months of 2022 are in line with the period’s budget objectives, despite the unstable geopolitical context that strongly influenced the markets. This success is attributed to the implementation of initiatives outlined in the Industrial Plan, confirming the effectiveness of products and services provided by Banca Profilo and the daily efforts of its team.
Net revenues consolidate at 50.2 million euros (+1.7% YoY), while consolidated net profit amounts to 8.5 million euros (+7.4%* YoY).
The operating result shows growth at 14.2 million euros (+0.3% YoY) with an improved Cost Income ratio at 71.7%. Client deposits total 5.4 billion euros (-7.0% YoY) due to market effects.
Financial and capital strength is confirmed with a CET1 ratio of 22.1%.
Download the press release for more information.
*net of non-recurring gains related to the sale of the Swiss subsidiary BPdG.
NextGems conference
Today concluded the NextGems conference dedicated to companies with a maximum market capitalization of €100 million, sponsored by Banca Profilo. Over 40 companies participated, with more than 100 investors and a total of 420 meetings held.
The future of SCK Group
Sciuker Frames is a leader in Italy in the design and production of eco-sustainable solutions. The Group continues to grow and diversify with a focus on sustainability of the Italian real estate heritage, both in terms of energy retrofitting services with Ecospace and in terms of products such as aluminum windows (GC Infissi), wood windows (Sciuker Frames), and accessories (Teknika) for energy efficiency and savings.
Banca Profilo, as Specialist, Corporate Broker, and EGA, will support the Sciuker Group at the event on October 25th at 11:30 AM, where the company will present its new industrial plan for 2022-2024, along with new strategies and objectives.
Banca Profilo’s Grand Tour continues
The Grand Tour of Banca Profilo and its customers continues among the main art exhibitions just inaugurated in Italy.
The private visit of the exhibition set up at Palazzo Bonaparte in Rome is dedicated to Vincent Van Gogh to tell the tormented life of one of the most famous artists in the world, who committed suicide in 1890 at just 37 years old after having painted masterpieces with a unique and distinctive style.
An opportunity for in-depth study and conviviality.
