Logotype for Banca Generali S.p.A.

Banca Generali (BGN) investor relations material

Banca Generali Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Banca Generali S.p.A.
Q2 2025 earnings summary29 Jul, 2025

Executive summary

  • Recurring net profit reached a record €176.3M (+3% YoY), while reported net profit was €200.2M (-16% YoY) due to lower variable components and performance fees.

  • Client assets hit a new high at €106.5B (+8% YoY), with over €71B in assets under investment and net inflows of €3.0B.

  • Strategic partnership with Generali and new mutual banking business launched, including new insurebanking agreements and FPA model acceleration.

  • Intermonte integration completed, expanding trading, derivatives, and investment banking capabilities.

  • Robust capital and liquidity positions maintained, with CET1 at 17.7%, TCR at 19.7%, LCR at 329%, and NSFR at 234%.

Financial highlights

  • Net profit for Q2 was nearly €90M, with H1 net profit at €176M; variable net profit contributed €23.9M.

  • Net interest income for H1 was €161.7M (+2.7% YoY), supported by asset expansion and higher retail deposits.

  • Gross recurring fees for H1 were €550M (+7% YoY), now 93% of total fees; variable fees dropped 55% YoY.

  • Operating costs rose 20% YoY to €164M, mainly due to Intermonte integration and IT investments.

  • Cost/income ratio (adjusted) at 37.5%, up from 35.6% at year-end 2024.

Outlook and guidance

  • 2025 targets confirmed: net inflows of €6B (with >€3.5B in assets under investment), NIM yield of 200 bps, and management fee margin of 140–142 bps in H2.

  • Strategic plan 2026–2028 focuses on Generali partnership, mutual banking, and long-term value creation.

  • Expecting to onboard at least 2,000 Allianz professionals by end of next year.

  • Confident in delivering all targets despite short-term uncertainties from the pending public offer.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Banca Generali earnings date

Logotype for Banca Generali S.p.A.
Q3 20255 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Banca Generali earnings date

Logotype for Banca Generali S.p.A.
Q3 20255 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Banca Generali S.p.A., a subsidiary of Assicurazioni Generali SpA, specializes in banking services tailored to high-net-worth individuals, focusing on private banking and wealth management. The company's service portfolio includes bank services, administered savings, managed savings, insurance savings, wealth management, and fiduciary services. Additionally, it operates product companies such as BG Fund Management Luxembourg SA, Generfid SpA, BG Saxo SIM, and BG Valeur, with BG Fund Management offering services in real estate, family protection, corporate finance, and art advisory. The company is headquartered in Trieste, Italy, and its shares are listed on the Borsa Italiana.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage