Banca Mediolanum

Banca Mediolanum S.p.A. is the parent business of Gruppo Mediolanum (Mediolanum Group) and is an Italian banking, insurance, and asset management conglomerate. After incorporating its parent business, Mediolanum S.p.A., at the end of 2015, the bank became publicly traded on the Borsa Italiana and a component of the FTSE MIB index under the leadership of CEO Massimo Antonio Doris.

Ennio Doris, the current second-largest stakeholder of the Mediolanum Group, started the company. Customers in Italy, Spain (under the names Banco Mediolanum and Fibanc), and Germany (under the name Bankhaus August Lenz & Co.) benefited from the conglomerate's asset management, banking, and insurance services.

Despite being the sixth largest financial services company by market capitalization (behind Intesa Sanpaolo, UniCredit, Assicurazioni Generali, UnipolSai, and Mediobanca in 2016), the conglomerate (Mediolanum S.p.A.) was ranked 13th by total assets among banks (2014 data) and was much smaller in size by risk-weighed assets. However, the European Central Bank began a detailed study to analyze the conglomerate when Banca Mediolanum revoked the merger with Mediolanum. Banca Mediolanum survived, but as a smaller institution that was eventually exempt from direct regulation by the European Central Bank.

In April 2023, the market value of Banca Mediolanum was $6.92 billion. Based on its current market capitalization, Banca Mediolanum is the 1910th most valuable corporation in the world. Recent financial filings for Banca Mediolanum show a trailing twelve-month (TTM) revenue of $6.39 billion. The company's revenue in 2021 was $6.51 billion, significantly higher than the $3.72 billion it made in 2020.

Founded: 1991
Headquarters: Basiglio, Metropolitan City of Milan, Italy
Website:bancamediolanum.it