Italian digital bank Fineco reported a nearly 35% increase in first-half net sales to €8.9 billion ($10.2 billion), driven by strong customer growth, as it expressed confidence in its business outlook for the rest of 2026.
Chief Executive Officer Alessandro Foti told analysts the bank’s robust net sales performance would remain the primary driver of revenue and profit growth this year, reflecting the strength of its business model and expanding customer base.
While Fineco does not provide numerical guidance for its key financial results, it said all business divisions are expected to contribute positively to revenue growth in 2026, supported by favourable long-term trends and continued business momentum.
Foti said Fineco has one of the highest proportions of stable deposits among European banks, positioning it to benefit from higher interest rates.
Earlier this year, the bank unveiled plans to accelerate customer asset inflows by deploying artificial intelligence and targeting clients of less efficient banks in Germany.
Speaking after the results, Foti said the bank was already seeing clear evidence that investments in AI and the modernisation of its core banking infrastructure were beginning to deliver tangible results.
Fineco also announced plans to increase its marketing budget by an additional €5 million this year to support customer acquisition and strengthen its market position.
During the first six months of 2026, Fineco attracted 125,594 new customers, marking a 25.9% increase from the same period a year earlier, while its half-year net profit climbed approximately 7% to €340.4 million.
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