
Banca Generali
Italian bank of Generali Group.
- Finance
- banking
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
N/A | €0.0 | round | |
* | €6.3b Valuation: €6.3b 6.7x EV/Revenue | Acquisition | |
Total Funding | 000k |
EUR | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | 15 % | (10 %) | 6 % | 45 % | (17 %) | 3 % | 5 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | 40 % | 29 % | 42 % | 38 % | 41 % | 40 % | 41 % |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Equity research estimates
Related Content
Banca Generali was established in 1998 as an online bank, a strategic move by its parent company, Assicurazioni Generali, to expand into the financial services sector. The bank was founded by the Generali Group, which itself was founded by Giuseppe Lazzano Morpurgo in 1831. Banca Generali's creation marked a significant step in Generali's evolution from a traditional insurance company to a diversified financial services provider.
Initially, Banca Generali focused on providing online banking services, a novel concept at the time. This innovation allowed the bank to quickly gain traction in the market. Over the years, Banca Generali shifted its focus towards private banking and wealth management, catering to high-net-worth individuals. This strategic pivot enabled the bank to carve out a niche in the competitive financial services industry.
In 2006, Banca Generali went public, listing its shares on the Italian Stock Exchange. This IPO was a pivotal moment in the bank's history, providing it with the capital needed to expand its operations and enhance its service offerings. The public listing also increased the bank's visibility and credibility in the financial markets.
Today, Banca Generali is recognized as a leading player in the wealth management sector in Italy. Its journey from an online banking pioneer to a trusted advisor for affluent clients underscores its ability to adapt and thrive in a rapidly changing financial landscape. The bank's success is a testament to its strategic foresight and commitment to innovation.