- FinecoBank has reported stronger-than-expected third-quarter results, driven by steady revenues and a sharp rise in new customer sign-ups. The Italian digital bank continues to show resilience and growth, even as many financial institutions face economic headwinds.
The bank posted a net profit of €163 million for the July to September period. That figure came in well above the €154 million forecast by analysts surveyed by Visible Alpha. Revenue for the quarter reached €325 million, slightly ahead of expectations and consistent with the same period last year.
A key contributor to this performance was a healthy net interest margin (NIM). This margin, which reflects the difference between interest earned on loans and interest paid on deposits, remained stronger than analysts had predicted. It helped FinecoBank maintain stable income despite broader market volatility.
Following the earnings release, Fineco’s shares rose 1.3% in early trading. That gain outpaced the 0.4% increase in Italy’s main stock index, signaling investor confidence in the bank’s direction.
Chief Executive Officer Alessandro Foti said the bank is on track to make 2025 a record-breaking year for customer growth. “We expect to surpass the all-time high set in 2024,” he said. In October alone, FinecoBank added around 19,300 new clients, marking a 30% increase compared to the same month last year.
The bank also reported strong net inflows, which represent the total amount of new money invested by clients. These inflows rose by more than 30% year-on-year, reaching approximately €1.3 billion in October.
FinecoBank noted that 2025 is shaping up to be a standout year for its brokerage business. October’s performance reflected a solid and expanding revenue base in this segment, which continues to attract active investors and traders.
Looking ahead, the bank expects all business units to contribute positively to revenue growth in 2026. More details about its future plans will be shared during its Capital Market Day, scheduled for March 4, 2026.
Investment bank Jefferies responded positively to the update. Analysts noted that Fineco’s guidance suggests a rebound in net interest margins next year. This follows a slight dip seen earlier in 2025. The expected recovery is seen as a key factor in supporting future earnings.
Fineco’s strong performance stands out at a time when many banks are struggling with rising interest rates, inflation, and economic uncertainty. However, Fineco’s focus on digital services, low-cost investment products, and operational efficiency has helped it maintain a competitive edge.
The bank’s ability to attract new customers while keeping revenue steady shows that its strategy is working. While other financial institutions are adjusting to shifting market conditions, Fineco continues to grow.
Operating entirely online, FinecoBank offers a mix of banking, investment, and trading services. Its digital-first approach appeals to customers who value low fees, transparency, and easy access to financial tools. This model has helped the bank expand its customer base while keeping costs under control.
The rise in digital banking has also played a role in Fineco’s success. More people are turning to online platforms for their financial needs. Fineco has positioned itself well to meet this demand, offering a seamless experience for both new and experienced users.
With strong client growth, solid financials, and a positive outlook across all business areas, Fineco appears well-prepared to carry its momentum into 2026. The leadership remains confident that the bank’s business model will continue to deliver strong results in the coming quarters.
As of today, €1 is equivalent to approximately $1.17.
