- Business
- Banca Profilo S.p.A. (PRO.MI) is an Italy-based investment bank specializing in private and investment banking services for private, institutional, and corporate clients. Founded in 1988 and headquartered in Milan at Via Cerva 28, the bank, a subsidiary of Arepo BP S.p.A., operates primarily in Italy through a network of seven branches and focuses on four core segments: private banking and investment banking; finance; digital channels; and activities abroad. It provides asset management including portfolio advisory, third-party funds, customized insurance solutions for estate planning and asset protection, and the Idea Profile investment club for entrepreneurs, managers, and professionals; private banking services such as Lombard-type credit facilities backed by financial instruments, family office administration of movable assets, insurance policies, corporate participations, and trusts, including escrow agreements and corporate representation; investment banking encompassing corporate finance, capital markets advisory for initial public offerings (IPOs), secondary offerings (SPOs), public purchase offers (OPAs), and exchanges (OPS), mergers and acquisitions (M&A), private equity, pre-IPO equity, hybrid products, and secured lending; finance activities involving equity and fixed income sales, trading of shares, bonds, equity derivatives, over-the-counter (OTC) solutions for yield enhancement and portfolio insurance, treasury risk management, collateralized funding at rates below ECB refinancing, and real estate portfolio management via Sator Real Estate SGR; as well as research and analysis on Italian mid-small cap companies, macroeconomic studies on the US and Euro Area, digital banking, and internet/mobile services. In its 2024-2026 business plan approved in late 2023, the bank emphasizes highly profitable niches with organic growth in private banking targeting EUR6.5 billion in client assets via net inflows and focus on private markets placements; expansion of investment banking into a One Stop Bank model for Italian SMEs including M&A, extraordinary finance, and sustainability vehicles for green initiatives like photovoltaics; finance consolidation with brokerage development and structured products; digital bank profitability enhancements; and a digital transformation plan leveraging AI and fintech partnerships; reporting a nine-month net profit of EUR9.4 million in 2025.