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(Alliance News) – Banco Di Desio e della Brianza Spa let it be known on Friday that its board of directors approved the 2024-2026 Business Plan “Beyond 2026,” which rests on strategic pillars represented by “the optimization of the commercial bank and the creation of growth opportunities through specialization in the Small Business and POE segment, Wealth Management and Personal Finance.”
Specifically, as of 2026, the bank expects a ROE of more than 8 percent, a Cost/Income ratio of about 55 percent, and a CET1 of more than 15 percent.
In addition, it expects solid revenue generation with 2023-2026 CAGR of about 4.5 percent in net banking income and Gross NPL Ratio below 4 percent over the Plan period, with Wealth Management growth to exceed EUR10 billion in assets under management.
The bank also expects the acquisition of 10,000 new Small Business customers through a dedicated model and the doubling, including through extraordinary transactions and acquisitions, of exposure on the Cessione Quinto Stipendio product strengthening the subsidiary Fides’ position among market leaders.
Investments in technological innovation are expected to amount to EUR60 million.
On the ESG front, the bank aspires to position itself “at least in line with best peers” on issues of sustainability and supporting the environmental transition of its customers. Total investments amount to about EUR8 mln.
“The good profitability contribution and the strong capital positioning will allow to propose an increase of the dividend payout to 50 percent,” the note says.
Banco Di Desio e della Brianza’s stock is up 0.5 percent at EUR3.78 per share.
By Chiara Bruschi, Alliance News reporter
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