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

Banca Sistema Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	191.66	196.26	178.43	101.95	98.21	98.07
Interest Income on Investments	0.23	0.23	0.23	0.23	0.23	0.23
Total Interest Income	191.89	196.48	178.66	102.17	98.44	98.29
Interest Paid on Deposits	133.09	146.18	111.48	16.52	16.25	23.24
Net Interest Income	58.8	50.31	67.18	85.66	82.19	75.06
Net Interest Income Growth (YoY)	12.29%	-25.12%	-21.57%	4.22%	9.50%	-7.24%
Income From Trading Activities	38.8	34.22	2.77	-1.52	0.02	0.04
Gain (Loss) on Sale of Investments	7.69	3.38	1.52	0.91	4.12	6.34
Other Non-Interest Income	24.45	26.72	19.65	16.71	15.66	17.43
Total Non-Interest Income	77.56	70.69	36.55	20.1	25.79	28.02
Non-Interest Income Growth (YoY)	37.09%	93.41%	81.86%	-22.08%	-7.94%	40.94%
Revenues Before Loan Losses	136.35	121	103.73	105.75	107.98	103.08
Provision for Loan Losses	1.78	0.91	4.75	8.36	10.65	10.95
Revenue	134.57	120.09	98.98	97.4	97.33	92.13
Revenue Growth (YoY)	30.27%	21.32%	1.63%	0.07%	5.64%	0.30%
Salaries and Employee Benefits	31.8	31.63	29.86	26.03	28.98	25.53
Occupancy Expenses	2.86	2.64	2.68	2.68	2.47	1.88
Amortization of Goodwill & Intangibles	0.98	0.66	0.6	0.31	0.24	0.08
Selling, General & Administrative	36.37	33.11	31.66	27	29.55	21.76
Other Non-Interest Expense	6.62	9.65	8.45	7.41	0.82	4.34
Total Non-Interest Expense	78.65	77.69	73.25	63.42	62.06	53.58
EBT Excluding Unusual Items	55.93	42.4	25.73	33.97	35.28	38.55
Other Unusual Items	-0.5	-0.5	-	-0.8	-0.82	0.02
Pretax Income	55.43	41.9	25.73	33.17	34.46	36.86
Income Tax Expense	19.54	15.37	8.5	10.66	10.92	11.19
Earnings From Continuing Operations	35.88	26.52	17.23	22.51	23.54	25.67
Earnings From Discontinued Operations	-	-	-	-0.02	-0.02	-
Minority Interest in Earnings	-2.05	-1.32	-0.72	-0.46	-0.27	0.48
Net Income	33.83	25.2	16.51	22.03	23.25	26.15
Net Income to Common	33.83	25.2	16.51	22.03	23.25	26.15
Net Income Growth	125.35%	52.67%	-25.09%	-5.23%	-11.10%	-12.00%
Basic Shares Outstanding	80	80	80	80	80	80
Diluted Shares Outstanding	80	80	80	80	80	80
Shares Change (YoY)	0.13%	0.14%	0.13%	-0.35%	0.17%	-0.03%
EPS (Basic)	0.42	0.31	0.21	0.28	0.29	0.33
EPS (Diluted)	0.42	0.31	0.21	0.27	0.29	0.32
EPS Growth	125.06%	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	35.26%	36.70%	33.04%	32.13%	31.68%	30.37%

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