This post was originally published on this site
Banco BPM said it expected revenues to grow 2.4% annually on average over the 2021-2024 period, driven by a projected 6.3% increase in net fees from it asset management business and an 8% rise in revenue from the insurance business.
Banco BPM reported a third-quarter net profit of 110.7 million euros, down 30% from a year earlier and down 58% from the previous three months. ($1 = 0.8658 euros)
