Bper closed the first quarter with a net profit of 112.7 million euros. The interest margin stood at 376.4 million, up by 9.6% compared to the first quarter of 2021.
“Unfortunately, the first quarter of the year was characterized by the outbreak in late February of the war in Ukraine following the Russian invasion, with serious humanitarian, social and economic repercussions. The picture was further aggravated by growing inflationary pressures, which risk heavily impacting the national production fabric and household consumption. In this context, the Bank’s first quarter results showed strong growth in profitability “. Thus the CEO of Bper Piero Luigi Montani, commenting on the bank’s accounts for the quarter, which recorded a net profit for the period of 112.7 million euros, after having spent 45.7 million euros relating to the contribution to the Single Resolution Fund.
The current market context, “characterized by high uncertainty and growing inflationary pressures, presents us with new challenges, which the Bper Group will be able to face effectively thanks to the progress made in terms of revenue generation, solid capital and financial position. liquidity and the significant improvements achieved in credit quality. These aspects will also be further strengthened with the actions and measures envisaged in the new Business Plan which will be presented to the market in June “, he announces.