Banca Mediolanum S.p.A. (FRA:ME1)

Banca Mediolanum Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	1,352	1,464	1,332	552.93	406.3	392.3
Interest Income on Investments	38.28	36.13	28.34	25.42	22.66	4.6
Total Interest Income	1,391	1,500	1,360	578.35	428.96	396.9
Interest Paid on Deposits	535.59	589.33	505.77	78.49	53.76	73.25
Net Interest Income	855.16	911.05	854.33	499.86	375.21	323.64
Net Interest Income Growth (YoY)	-8.97%	6.64%	70.91%	33.22%	15.93%	4.29%
Income From Trading Activities	26.27	8.79	37.16	-15.18	62.51	6.35
Gain (Loss) on Sale of Assets	-0.01	-0.01	-0.01	-0.01	-	0.02
Gain (Loss) on Sale of Investments	483.51	2,693	1,849	-2,800	2,006	63.66
Other Non-Interest Income	1,050	-1,224	-837.84	3,715	-817.51	843.99
Total Non-Interest Income	1,560	1,478	1,049	900.22	1,251	914.04
Non-Interest Income Growth (YoY)	34.51%	40.91%	16.50%	-28.05%	36.88%	-22.46%
Revenues Before Loan Losses	2,415	2,389	1,903	1,400	1,626	1,238
Provision for Loan Losses	23.1	31.44	33.14	22.6	27.08	22.77
Revenue	2,392	2,357	1,870	1,377	1,599	1,215
Revenue Growth (YoY)	15.75%	26.07%	35.75%	-13.87%	31.64%	-17.31%
Salaries and Employee Benefits	339.48	328.73	286.4	267.29	257.72	232.45
Occupancy Expenses	20	18.61	26.77	33.66	17.78	17.79
Amortization of Goodwill & Intangibles	35.09	35.09	39.88	33.54	-	-
Selling, General & Administrative	432.22	450.08	413.82	370.71	355.31	329.72
Other Non-Interest Expense	50.77	54.78	24.31	8.39	46.89	74.38
Total Non-Interest Expense	877.56	887.29	791.17	713.59	677.7	654.34
EBT Excluding Unusual Items	1,514	1,470	1,079	663.89	921.59	560.58
Asset Writedown	-3.92	-5.54	-	-	-31.12	-28.33
Legal Settlements	-3.88	-2.79	-1.41	-2.29	-	-0.83
Other Unusual Items	-11.11	-11.11	-10.21	-10.47	-	-
Pretax Income	1,495	1,451	1,067	643.84	890.47	531.42
Income Tax Expense	348.44	331.07	245.32	137.01	177.41	96.96
Earnings From Continuing Operations	1,147	1,120	821.85	506.83	713.06	434.46
Earnings From Discontinued Operations	-	-	0.02	-	-	-
Net Income	1,147	1,120	821.87	506.83	713.06	434.46
Net Income to Common	1,147	1,120	821.87	506.83	713.06	434.46
Net Income Growth	26.26%	36.23%	62.16%	-28.92%	64.12%	-23.16%
Basic Shares Outstanding	738	739	740	737	736	734
Diluted Shares Outstanding	747	747	744	744	739	738
Shares Change (YoY)	0.24%	0.49%	-0.06%	0.72%	0.16%	0.08%
EPS (Basic)	1.55	1.51	1.11	0.69	0.97	0.59
EPS (Diluted)	1.54	1.50	1.10	0.68	0.96	0.59
EPS Growth	25.92%	35.57%	62.26%	-29.43%	63.84%	-23.21%
Dividend Per Share	0.380	0.750	0.700	0.500	0.460	0.780
Dividend Growth	-51.90%	7.14%	40.00%	8.70%	-41.03%	271.43%
Effective Tax Rate	23.30%	22.82%	22.99%	21.28%	19.92%	18.25%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.