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    Pop. Sondrio, in the profit plan of 323 million in 2025

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    (ANSA) – MILAN, 29 JUN – The Popolare di Sondrio business plan foresees a net profit of 323 million in 2025, up 20% compared to 2021. A Roe up to 9.2% in 2025 and on values never less than 8% over the entire plan horizon. The strategic guidelines also indicate a growing shareholder remuneration with over 550 million dividends expected over the plan and a payout ratio of 50% each year.

    New push on managed savings, bancassurance and technology, the latter supported by investments in personnel and digitalization, with a cost base under control, equal to 619 million by 2025. The derisking activity continues with a gross npl ratio down to 3, 8% by 2025 and cost of risk at 47 basis points by 2025. Core profitability is estimated to grow to 1.1 billion in 2025.

    “The industrial plan tells the prospects of a ‘bank that acts as a bank’, focused on its distinctive areas, intending to grow in areas, such as asset management and bancassurance, in which we believe we still have ample potential, evolving in a digital sense the relationship with our customers “, underlines the CEO. Mario Alberto Pedranzini.

    (HANDLE).

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    Source: Ansa

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