Italy's Fineco exceeds quarterly profit, revenue forecasts
Yahoo Finance·2025-11-05 14:16
MILAN (Reuters) -Italian online bank and brokerage Fineco reported a higher-than-forecast third quarter profit on Wednesday, with its revenue bucking expectations for a drop from a year earlier. Fineco, which offers online banking and brokerage service and low-cost savings products, said net income for July-September totalled 163 million euros ($190 million), above a Visible Alpha analyst consensus of 154 million euros. Shares in Fineco were up 1.3% at 0811 GMT, outperforming a 0.4% rise in Italy's main ...