AZIHY - FinecoBank: An Underfollowed Gem Within The European Banking Sector
FinecoBank (OTC:FNBKY) has a unique business model within the European banking sector and its valuation is still attractive considering its fundamentals and good growth profile. The bank is very well positioned to grow organically, both from supportive industry trends and its own projects to expand its product offering. This should lead to higher margins and profitability, justifying a higher valuation in the medium-term.
Company Description
Fineco is the direct, multi-channel bank of UniCredit (OTCPK:UNCRY), which is its main shareholder with a stake of 35%. It operates as a separate brand and