The bank reported net profit of €252 million ($284.5 million) in the first quarter of this year, up 44% from a year earlier. Banco Italia - 1Q16 net profit of € 252 m ( $ 30 m ) , up 10 % YoY , beating inflation , due to higher income from lending after taking over the country 's banks .
Banco Italia - 1Q16 net profit of € 252 m ( $ 30 m ) , up 10 % YoY , beating inflation , due to higher income from lending after taking over the country 's banks .