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BANCA IFIS S.p.A.: Banca Ifis: net profit for the quarter comes to 20,1 million Euro with two-figure growth seen in revenues from core business

BANCA IFIS S.p.A.: Banca Ifis: net profit for the quarter comes to 20,1 million Euro with two-figure growth seen in revenues from core business 3 The Banca Ifis Groups consolidated income statement for the first three months of 2021 reported a profit attributable to the Parent Company of 20,1 million Euro. Highlights from the Banca Ifis Groups income statements for the first three months of 2021 are set out below. Net banking income 1 Net banking income totalled 137,7 million Euro, up 30% from ...
Andrea Nalon Beatrice Colleoni Rosalba Benedetto Cristina Fossati Frederik Geertman Mediocredito Centrale

Investegate |BANCA IFIS S.p.A. Announcements | BANCA IFIS S.p.A.: Banca Ifis exceeds targets and closes 2020 with profit of 68,8 million Euro. Geertman joins the Board of Directors

2 - 1 January 2020 / 31 December 2020 Net banking income of 468 million Euro (-16,2% on 31.12.2019), negatively impacted by the effects of the pandemic crisis. Operating costs of 308 million Euro (+4,4% on 31.12.2019), mainly due to the incurring of non-recurring costs. Improved asset quality with the disposal of 120 million Euro (GBV) in non-performing credits (mainly ex-Interbanca) in the Q4 2020. Capital requirements with the consolidation within La Scogliera ยท CET1 up to 11,29% (10,96% at...
Andrea Nalon Beatrice Colleoni Rosalba Benedetto Claudia Caracausi Frederik Geertman Davide Bruzzese

BANCA IFIS S.p.A.: Banca Ifis exceeds targets and closes 2020 with profit of 68,8 million Euro. Geertman joins the Board of Directors

BANCA IFIS S.p.A.: Banca Ifis exceeds targets and closes 2020 with profit of 68,8 million Euro. Geertman joins the Board of Directors 5 In order to fully implement the Groups business model, as envisaged by the 2020-2022 Business Plan, changes have been made to the operating Segments previously stated: the Enterprises Segment, renamed Commercial & Corporate Banking groups together the commercial activities intended for enterprises and excludes the portfolios of loans disbursed by Interbanca bef...
Andrea Nalon Beatrice Colleoni Rosalba Benedetto Claudia Caracausi Frederik Geertman Davide Bruzzese

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