May 11, 2023 / 01:00PM GMT
Operator
Good day. Thank you for standing by. Welcome to Mediobanca Third Quarter 2022 Results Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded.
I would now like to hand the conference over to Mr. Alberto Nagel, CEO. Please go ahead, sir.
Alberto Nicola Nagel - Mediobanca Banca di Credito Finanziario S.p.A. - CEO & Director
Good afternoon, and thank you for joining the call. So basically commenting the 9-month results, we have to highlight that we have reached all-time high revenue and net profit. And this level clearly puts us ahead of our 3 years plan. So revenues were up 13%, 80% of the target of the budget -- of the plan and profit were in the region of EUR 800 million, a 10% year-on-year.
EPS up 12% and ROTE up from 10% to 13%. Even the last quarter results show a sound profitability trend, where revenue were a second best quarter ever at EUR 760 million. NII continued to grow at EUR 455 million, which was up 22% year-on-year and 8% on adjusted basis. We have experienced a very nice rebound
Q3 2023 Mediobanca Banca di Credito Finanziario SpA Earnings Call Transcript
May 11, 2023
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