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BRIEF-Italy's Banca Profilo targeting 9 bln euros of assets in 2019
March 30, 2017 / 5:57 PM / 6 months ago

BRIEF-Italy's Banca Profilo targeting 9 bln euros of assets in 2019

MILAN, March 30 (Reuters) - Italy’s Banca Profilo says in its 2017-2019 plan:

* Targets total assets of 9 billion euros in 2019, 6.6 billion euros of which from private banking

* Aims for 70 million euros of revenues in 2019 with private and investment banking revenue rising to 25 million euros

* Targets operating profit of more than 10 million euros and net profit of more than 6 million euros in 2019

* Targets CET1 capital ratio above 18 percent over the next three years

* Expects dividend payout of more than 70 percent (Reporting by Valentina Za)

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