Union Financière de France Banque announced consolidated earnings results for the first half of 2015. For the period, the company reported operating profit of 23.0 million compared to 16.9 million a year ago. Net income attributable to the group was 15.2 million compared to 13.9 million a year ago.
Net banking income was 102.4 million compared to 91.6 million a year ago. The 5% rise in commissions on investment inflows only partially reflects the trend for commercial activity due to a leadtime of several months between the recognition of real estate inflows and commissions recognized only once the deed of sale has been executed. Bolstered by the promising startup of the Myria AM asset management company created in October 2014, commissions on assets under management rose 15% year on year.