FinecoBank Banca Fineco S.p.A. (FBK.MI)
FinecoBank Banca Fineco S.p.A. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Reggio Emilia, RE, IT. The stock last traded at $24.45, down 0.61% on the session, giving a market capitalisation of $14.96B. Its beta of 0.72 implies it has historically moved less than the broad market.
FinecoBank Banca Fineco S.p.A., founded in Reggio Emilia, Italy, in 1999, is a financial institution offering a comprehensive suite of banking and investment solutions. The company's operations are divided into three main divisions: Banking, Brokerage, and Investing. Its banking arm provides essential services such as current and savings accounts, payment processing, home loans, personal credit, and various card options (debit, credit, prepaid). Through its brokerage division, FinecoBank enables clients to execute trades directly on global stock markets and engage in transactions involving a diverse range of financial instruments, including foreign exchange, indices, equities, fixed income securities, commodities, derivatives (futures, options), exchange-traded funds (ETFs), and structured products (certificates). For investment needs, the company delivers asset management services, covering the placement and distribution of mutual funds, SICAV sub-funds, insurance, and pension plans, alongside offering expert investment advisory. FinecoBank primarily interacts with its clientele through a dedicated network of personal financial advisors, supported by robust online and mobile platforms. As of December 31, 2021, the company operated 424 physical advisory centers.
FinecoBank Banca Fineco S.p.A. is most often compared with the following Financial Services names: