Banca Mediolanum SpA (IT:BMED) has released an update.
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Banca Mediolanum SpA reported a robust 18% increase in net profit for the first nine months of 2024, reaching €674.3 million, driven by strong performance in asset management and customer acquisition. The company also announced an interim dividend of €0.37 per share, reflecting its commitment to delivering value to shareholders amid favorable market conditions. With total assets under management growing to €133 billion, Banca Mediolanum continues to expand its market presence and enhance its financial stability.
For further insights into IT:BMED stock, check out TipRanks’ Stock Analysis page.
