Fineco’s net sales for the first half surged by 35%, driven by customer growth that enhances the outlook for the full year

Fineco reports a 35% increase in net sales for the first half, bolstered by customer acquisitions and investments in AI, enhancing confidence in its outlook for 2026.

Italian digital bank Fineco reported a nearly 35% increase in first-half net sales to €8.9 billion ($10.2 billion), fueled by robust customer growth, as it conveyed optimism regarding its business outlook for the remainder of 2026.

Chief Executive Officer Alessandro Foti informed analysts that the bank’s strong net sales performance would continue to be the main catalyst for revenue and profit growth this year, highlighting the resilience of its business model and the increasing customer base.

Although Fineco does not offer numerical guidance for its key financial results, it indicated that all business divisions are anticipated to positively impact revenue growth in 2026, bolstered by favorable long-term trends and sustained business momentum.

Foti stated that Fineco boasts one of the highest ratios of stable deposits among European banks, positioning it to take advantage of rising interest rates.

Earlier this year, the bank announced its strategy to enhance customer asset inflows by utilizing artificial intelligence and focusing on clients from less efficient banks in Germany.

Speaking after the results, Foti noted that the bank was already observing clear evidence that investments in AI and the modernization of its core banking infrastructure were starting to yield tangible results.

Fineco has also revealed intentions to boost its marketing budget by an extra €5 million this year to enhance customer acquisition and solidify its market position.

In the first half of 2026, Fineco welcomed 125,594 new customers, representing a 25.9% rise compared to the same timeframe the previous year, while its net profit for the half-year increased by around 7% to €340.4 million.