European Diversified Financials: Weekly Valuation Report (31-July-2026)

Research evidence excerpt

European Diversified Financials: Weekly Valuation Report (31-July-2026)

Global Research

31 July 2026ab

European Diversified Financials Equities

Europe including UKWeekly Valuation Report (31-July-2026)

Diversified Financial

Michael Werner

Name Coverage Telephone Email Analyst

Michael Werner European Asset Manager & Exchanges + 44 207 568 8086 michael.werner@ubs.com

Haley Tam European Platforms & Private Equity + 44 207 567 6176 haley.tam@ubs.com michael.werner@ubs.com

Adele Palama Italian Asset Managers & Gatherers + 34 914 369 023 adele.palama@ubs.com +44-20-7568 8086

Amit Jagadeesh European Diversified Financials + 44 207 567 9705 amit.jagadeesh@ubs.com

Mate Nemes, CFA Swiss Private Banks & Private Equity + 41 442 342 318 mate.nemes@ubs.com Haley Tam

Michael Christelis UK Asset Gatherers + 27 11322 7320 michael.christelis@ubs.com Analyst

Nasib Ahmed UK Asset Gatherers + 44 207 568 8231 nasib-za.ahmed@ubs.com haley.tam@ubs.com

+44-20-7567 6176

Table of Contents Page Buy Ratings Sell Rating Adele Palama

Performance charts 2 3i Group FinecoBank aberdeen Analyst

Performance summary 3 AJ Bell flatexDEGIRO adele.palama@ubs.com

Total Return 4 Amundi IG Group

Valuation 5 Banca Generali ICG plc +34-91-436 9023

UBS estimates vs Consensus 6 Banca Mediolanum LSE Group Amit Jagadeesh

EPS revisions 7 DWS Poste Italiane

Crowding 8 EQT Quilter Analyst

Historical PE 9 Euronext St James's Place amit.jagadeesh@ubs.com

Disclaimer 11 +44-20-7567 9705

Mate Nemes, CFA

Links to Company Models Analyst

Public Market Asset Private Market Asset Italian Asset Mgrs &

Exchanges & Market Makers Platforms & UK Asset Gatherers mate.nemes@ubs.com

Managers Managers Gatherers

+41-44-234 23 18 Deutsche Boerse aberdeen 3i Group Anima AJ Bell