Banco BPM Reports Strong Profit Growth and Dividend Increase

Banco BPM S.p.A. (IT:BAMI) has released an update.

Banco BPM S.p.A. has reported a robust financial performance for the first nine months of 2024, with an adjusted net profit of €1,245 million, marking a 25.1% increase year-over-year. The bank has also announced an interim dividend of €600 million, contributing to a total distribution to shareholders of €1.45 billion for the year. Notably, Banco BPM has achieved significant capital strength with a CET 1 ratio of 15.5%, indicating enhanced financial stability.

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