In July, FinecoBank’s net inflows confirmed the estimates communicated to the market on the occasion of the half-year results and stood at 919 million euros (+ 35% from 679 million a year ago), without resorting to short-term commercial policies and strengthening the new dimension of the growth path undertaken by Fineco. The asset mix sees the managed component at 485 million in the month, the administered component stood at 73 million, the direct component at 360 million. This is learned in a note from the group led by Alessandro Foti.
Brokerage revenues are estimated at around 15 million in July from 19 million a year ago, in a context of lower market volatility than in the past: nevertheless, the comparison with the average revenues between 2017 and 2019 shows a growth of around 30%, thanks to the expansion of the active customer base and the continuous innovation of the offer. Since the beginning of the year, brokerage revenues are estimated at around 130 million (-12% y / y).