Banca Sistema S.p.A. (BIT:BST)

Banca Sistema Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	196.26	178.43	101.95	98.21	98.07
Interest Income on Investments	0.23	0.23	0.23	0.23	0.23
Total Interest Income	196.48	178.66	102.17	98.44	98.29
Interest Paid on Deposits	146.18	111.48	16.52	16.25	23.24
Net Interest Income	50.31	67.18	85.66	82.19	75.06
Net Interest Income Growth (YoY)	-25.12%	-21.57%	4.22%	9.50%	-7.24%
Income From Trading Activities	34.22	2.77	-1.52	0.02	0.04
Gain (Loss) on Sale of Investments	3.38	1.52	0.91	4.12	6.34
Other Non-Interest Income	26.72	19.65	16.71	15.66	17.43
Total Non-Interest Income	70.69	36.55	20.1	25.79	28.02
Non-Interest Income Growth (YoY)	93.41%	81.86%	-22.08%	-7.94%	40.94%
Revenues Before Loan Losses	121	103.73	105.75	107.98	103.08
Provision for Loan Losses	0.91	4.75	8.36	10.65	10.95
Revenue	120.09	98.98	97.4	97.33	92.13
Revenue Growth (YoY)	21.32%	1.63%	0.07%	5.64%	0.30%
Salaries and Employee Benefits	31.63	29.86	26.03	28.98	25.53
Occupancy Expenses	2.64	2.68	2.68	2.47	1.88
Amortization of Goodwill & Intangibles	0.66	0.6	0.31	0.24	0.08
Selling, General & Administrative	33.11	31.66	27	29.55	21.76
Other Non-Interest Expense	9.65	8.45	7.41	0.82	4.34
Total Non-Interest Expense	77.69	73.25	63.42	62.06	53.58
EBT Excluding Unusual Items	42.4	25.73	33.97	35.28	38.55
Other Unusual Items	-0.5	-	-0.8	-0.82	0.02
Pretax Income	41.9	25.73	33.17	34.46	36.86
Income Tax Expense	15.37	8.5	10.66	10.92	11.19
Earnings From Continuing Operations	26.52	17.23	22.51	23.54	25.67
Earnings From Discontinued Operations	-	-	-0.02	-0.02	-
Minority Interest in Earnings	-1.32	-0.72	-0.46	-0.27	0.48
Net Income	25.2	16.51	22.03	23.25	26.15
Net Income to Common	25.2	16.51	22.03	23.25	26.15
Net Income Growth	52.67%	-25.09%	-5.23%	-11.10%	-12.00%
Basic Shares Outstanding	80	80	80	80	80
Diluted Shares Outstanding	80	80	80	80	80
Shares Change (YoY)	0.14%	0.13%	-0.35%	0.17%	-0.03%
EPS (Basic)	0.31	0.21	0.28	0.29	0.33
EPS (Diluted)	0.31	0.21	0.27	0.29	0.32
EPS Growth	52.44%	-25.17%	-4.84%	-9.97%	-13.29%
Dividend Per Share	-	0.065	0.065	0.072	0.080
Dividend Growth	-	-	-9.72%	-10.00%	-13.98%
Effective Tax Rate	36.70%	33.04%	32.13%	31.68%	30.37%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.