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Investor Relations

The EQUITA stock

EQUITA Euronext STAR Milan
EQUITA Euronext STAR Milan

EQUITA, the leading independent investment bank in Italy, is listed on the STAR segment of the Italian Stock Exchange through its parent company EQUITA Group S.p.A. (EQUI, ISIN code: IT0005312027).

After its admission in November 2017 on Euronext Growth Milan (formerly known as AIM Italia), in October 2018 the management completed the translisting to the regulated market by joining the Euronext STAR Milan market - the segment dedicated to mid-sized companies committed to excellence in terms of transparency, liquidity and corporate governance - as promised to investors.

Latest financial results


1H 2025
(as of June 30th, 2025)

54.1

Consolidated
Net Revenues

12.2

Consolidated
Net Profits

30

Return on Tangible Equity (ROTE)

Milan, September 11th, 2025 - Andrea Vismara, Chief Executive Officer at EQUITA, commented“EQUITA recorded €54 million in Net Revenues and €12 million in Net Profits in the first half of 2025, marking the strongest semester since IPO. This is the result of a more diversified business model compared to the past and the consequence of recent investments in technology and people”.

“Double-digit growth in all divisions, strong operating leverage and solid capital ratios confirm how successful our business model is. We continue to believe that EQUITA is well positioned to benefit from buoyant market conditions while remaining resilient in difficult environments”.

“During these months, EQUITA has further strengthened its positioning as the leading independent investment bank in Italy. If we look to domestic market conditions – which should remain relatively positive in the next months – we remain optimistic about our future, confirming diversification strategy and growth trajectory”.

The Board of Directors of EQUITA Group S.p.A. (the “Company” and, together with its subsidiaries, “EQUITA” or the “Group”) approved the first half consolidated results as of 30 June 2025.

Read the press release

Go to "Results and Presentation"

Dividends

EQUITA benefits from a particular business model that invests in capital-light initiatives. This allows the Group to use the cash generated from net profits to finance distributions to shareholders, M&A transactions and investments in new initiatives aimed at accelerating organic growth, keeping at the same time strong financial soundness as demonstrated by the rock-solid capital ratios, well above minimum capital requirements.

105

dividends
distributed
since IPO

2.23

per share
distributed
since IPO

0.35

per share
the dividend
2024

Figures referred to total dividends and per share dividends include the two tranches of the 2024 dividend.

Historically, EQUITA has always distributed to shareholders 100% of net profits. Since 2017, following the admission to AIM Italia (today Euronext Growth Milan) and the translisting to Euronext STAR Milan in 2018, the management has decided to retain each year a portion of net profits, to pursue a more conservative approach aimed at promoting increasing dividends and finance potential accretive corporate finance transactions.

Investment Case

Equita IPO
Equita IPO

EQUITA is the leading independent investment bank in Italy and the go-to partner for investors, listed companies, corporates and financial institutions.

Over the years the Group has diversified significantly its revenue stream by growing in all areas of business, especially in the Investment Banking and Alternative Asset Management divisions.

This diversification has contributed to an increasingly resilient performance and confirmed the ability of EQUITA to consistently deliver net profits, also in particularly challenging periods of volatile markets.

 

The investment case in 10 simple concepts

  1. Leadership on the Italian market
  2. Unique business model
  3. Diversification and resiliency
  4. Complementary businesses and cross-selling opportunities
  5. Flexible cost structure
  6. Operating leverage and high profitability
  7. Strong cash generation and rewarding dividends
  8. Interests aligned to investors
  9. Successful track-record
  10. Sustainability integrated into the business model

Sell-side coverage

The EQUITA stock is covered by Intesa Sanpaolo (previously UBI Banca) and Kepler Cheuvreux. Equity reports are available to all investors. Visit the section dedicated to sell-side analysts to access all the reports published.

Know more about the coverage