FinecoBank Banca Fineco S.p.A. (FBK) Earnings Call Transcripts

FinecoBank Banca Fineco S.p.A.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, FinecoBank reported stable net profit of EUR 162 million, with revenues increasing by approximately 4% year-on-year to EUR 343 million. The bank upgraded its outlook for its 2026 and 2029 plans, driven by strong net sales growth of 44% year-on-year and a solid increase in client acquisition. Management highlighted that all product areas contributed positively to revenue growth, with a notable increase in brokerage revenues expected due to a favorable interest rate environment.

Reported metrics

Guidance from management

FinecoBank expects net financial income to rise, supported by deposits and net sales in a higher interest rate environment. The guidance for 2026 remains optimistic, with expectations for all product areas to contribute to revenue growth.

What management said

Yes. The German launch, as we said, we expect to launch the initiatives by the end of this year in the friends and family phase. And it really depends. It will depend on the friends and family phase. For now, we stay for the final launch to open for everybody in the first quarter 2027. But again, the friends and family phase will give us the exact launch date. We will have more details by then.

Yes. This is totally true. I mean the most -- the product most used from traders like, for example, the most aggressive are commission-free, the ETFs -- basket of ETF are commission-free, certificates where we are issuer, fixed leverage and variable leverage certificates are commission-free. Our own -- we internalize our own products. So we -- on the training side, a big range of clients are already commission-free. ...

What analysts pressed on

Analysts expressed concerns about the slight drop in management fee margins and the impact of market fluctuations on asset management. Additionally, there were questions regarding the sustainability of client growth and the competitive landscape in the brokerage sector.

Main topics on the call

• Revenue Growth Acceleration — FinecoBank's revenues grew by around 4% year-on-year, reaching EUR 343 million, with all product areas contributing positively. CEO Alessandro Foti stated, "The impact of this acceleration is clearly visible in our numbe...
• Upgraded Guidance — Management upgraded its outlook for the 2026 and 2029 plans, citing better-than-expected net sales and client growth. Foti noted, "The better outlook is driven by a combination of better-than-expected net sales and clien...
• Client Acquisition and Net Sales — New client growth accelerated by 18% year-on-year in Q1, with net sales increasing by 44% year-on-year. Foti emphasized that "Fineco is gathering clients because they are truly interested in using our services because th...
• Cost Management — Operating costs increased by 5.2% year-on-year to EUR 95 million, but the cost-income ratio remained strong at 27.7%. Management indicated that they expect costs to grow by around 6%, excluding additional growth-related ...

Read the full FinecoBank Banca Fineco S.p.A. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 57 FinecoBank Banca Fineco S.p.A. earnings call transcripts on record, spanning January 21, 2020 to July 30, 2026. Based on this history, FinecoBank Banca Fineco S.p.A. reports quarterly. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

FBK

Exchange

BIT

Country

IT

Sector

Financials

Industry

Banks

Calls on record

57

First call

January 21, 2020

Most recent

July 30, 2026

Reporting cadence

quarterly