Banca IFIS S.p.A. (BIT: IF)

Banca IFIS Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	854.17	774.43	529.1	479.62	446.94	453.34
Interest Income on Investments	16.17	16.17	9.85	7.5	3.03	0.81
Total Interest Income	870.34	790.6	538.95	487.12	449.96	454.16
Interest Paid on Deposits	437.79	343.06	114.23	114.15	107.71	114.34
Net Interest Income	432.55	447.54	424.72	372.97	342.25	339.82
Net Interest Income Growth (YoY)	4.29%	5.37%	13.87%	8.98%	0.72%	2.53%
Income From Trading Activities	-5.31	-5.31	0.63	-1.22	-3.49	-4.49
Gain (Loss) on Sale of Assets	0.78	0.78	0.47	0.07	-0.53	-1.87
Gain (Loss) on Sale of Investments	16.81	16.81	12.09	15.95	21.7	-8.96
Other Non-Interest Income	122.71	98.12	93.51	83.28	74.89	94.08
Total Non-Interest Income	147.89	123.3	121.95	107.18	99.87	96.49
Non-Interest Income Growth (YoY)	8.19%	1.11%	13.77%	7.32%	3.51%	1.26%
Revenues Before Loan Losses	580.44	570.84	546.66	480.16	442.12	436.31
Provision for Loan Losses	-81.33	-79.34	-55.13	-45.37	49.5	-32.57
Revenue	661.77	650.18	601.8	525.53	392.62	468.87
Revenue Growth (YoY)	18.53%	8.04%	14.51%	33.85%	-16.26%	0.66%
Salaries and Employee Benefits	169.46	162.69	150.08	141.78	123.37	129.96
Occupancy Expenses	13.72	9.72	9.5	10.29	9.03	7.96
Amortization of Goodwill & Intangibles	7.99	7.99	7.42	8.45	8.79	7.88
Selling, General & Administrative	235.5	221.82	200.41	192.34	190.82	214.28
Other Non-Interest Expense	1.41	11.42	21.87	25.56	-7.72	-20.82
Total Non-Interest Expense	428.08	413.65	389.27	378.42	324.28	339.25
EBT Excluding Unusual Items	233.69	236.53	212.53	147.11	68.34	129.62
Other Unusual Items	1.79	1.03	0.03	2.77	24.24	46.2
Pretax Income	245.37	237.56	211.8	149.87	91.88	175.82
Income Tax Expense	81.79	75.64	69.91	47.57	22.74	52.63
Earnings From Continuing Operations	163.58	161.92	141.89	102.3	69.14	123.19
Minority Interest in Earnings	-1.64	-1.81	-0.8	-1.72	-0.34	-0.09
Net Income	161.94	160.11	141.09	100.58	68.8	123.1
Net Income to Common	161.94	160.11	141.09	100.58	68.8	123.1
Net Income Growth	1.03%	13.48%	40.27%	46.19%	-44.11%	-16.13%
Basic Shares Outstanding	53	52	53	53	53	53
Diluted Shares Outstanding	53	53	53	53	53	53
Shares Change (YoY)	-	-0.26%	-1.42%	0.02%	0.02%	0.02%
EPS (Basic)	3.08	3.05	2.68	1.88	1.29	2.30
EPS (Diluted)	3.08	3.05	2.68	1.88	1.29	2.30
EPS Growth	-	13.90%	42.44%	46.07%	-44.04%	-16.25%
Dividend Per Share	3.300	2.100	1.400	0.950	0.470	1.100
Dividend Growth	725.00%	50.00%	47.37%	102.13%	-57.27%	4.76%
Effective Tax Rate	33.33%	31.84%	33.01%	31.74%	24.75%	29.94%

Source: S&P Capital IQ. Banks template. Financial Sources.