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Banca Profilo hopes to be in the black in 2009(20 Nov 2009 11:24:00 EST)20 November 2009 - Italian lender Banca Profilo will post a profit for full-year 2009, under the projections of chairman Matteo Arpe. However, the bank will pass dividend this year and may consider a payout next year, he said upon the presentation of the 2010-2012 business strategy. The bank has set a consolidated revenue target of EUR100m for 2012, the new plan shows. ()
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Banca Profilo returns to profit in Jan-Sep '09(16 Nov 2009 04:58:00 EST)16 November 2009 - Italian lender Banca Profilo SpA swung to a consolidated net profit of EUR899,000 in the nine months ended 30 September from a year-earlier loss of EUR6.8m. Brokerage income gained 44.9% on a consolidated basis to EUR33.3m as interest income lost 33.2% year-on-year to EUR12.1m. Consolidated net income from commissions slipped to EUR8.6m from EUR12.7m. Deposits stayed flat on ...
