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

Banca IFIS 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	772.39	835.37	774.43	529.1	479.62	446.94
Interest Income on Investments	21.13	12.54	16.17	9.85	7.5	3.03
Total Interest Income	793.52	847.91	790.6	538.95	487.12	449.96
Interest Paid on Deposits	402.21	433.35	343.06	114.23	114.15	107.71
Net Interest Income	391.31	414.56	447.54	424.72	372.97	342.25
Net Interest Income Growth (YoY)	-10.75%	-7.37%	5.37%	13.87%	8.98%	0.72%
Income From Trading Activities	-5.76	-1.92	-5.31	0.63	-1.22	-3.49
Gain (Loss) on Sale of Assets	0.22	0.22	0.78	0.47	0.07	-0.53
Gain (Loss) on Sale of Investments	37.61	32.81	16.81	12.09	15.95	21.7
Other Non-Interest Income	89.28	90.64	98.12	93.51	83.28	74.89
Total Non-Interest Income	166.58	154.41	123.3	121.95	107.18	99.87
Non-Interest Income Growth (YoY)	21.43%	25.23%	1.11%	13.77%	7.32%	3.50%
Revenues Before Loan Losses	557.89	568.98	570.84	546.66	480.16	442.12
Provision for Loan Losses	-77.86	-92.91	-79.34	-55.13	-45.37	49.5
Revenue	635.75	661.89	650.18	601.8	525.53	392.62
Revenue Growth (YoY)	-6.29%	1.80%	8.04%	14.51%	33.85%	-16.26%
Salaries and Employee Benefits	168.18	169.7	162.69	150.08	141.78	123.37
Occupancy Expenses	13.09	12.2	9.72	9.5	10.29	9.03
Amortization of Goodwill & Intangibles	12.98	11.06	7.99	7.42	8.45	8.79
Selling, General & Administrative	214.88	218.99	221.82	200.41	192.34	190.82
Other Non-Interest Expense	-2.24	4.65	19.96	21.87	25.56	-7.72
Total Non-Interest Expense	406.89	416.59	422.18	389.27	378.42	324.28
EBT Excluding Unusual Items	228.86	245.3	227.99	212.53	147.11	68.34
Asset Writedown	-0.02	-0.02	-	-	-	-
Other Unusual Items	-0.18	0.06	9.56	0.03	2.77	24.24
Pretax Income	228.66	245.34	237.56	211.8	149.87	91.88
Income Tax Expense	72.06	82.17	75.64	69.91	47.57	22.74
Earnings From Continuing Operations	156.6	163.17	161.92	141.89	102.3	69.14
Minority Interest in Earnings	-1.52	-1.6	-1.81	-0.8	-1.72	-0.34
Net Income	155.08	161.58	160.11	141.09	100.58	68.8
Net Income to Common	155.08	161.58	160.11	141.09	100.58	68.8
Net Income Growth	-4.67%	0.92%	13.48%	40.27%	46.19%	-44.11%
Basic Shares Outstanding	53	53	52	53	53	53
Diluted Shares Outstanding	53	53	53	53	53	53
Shares Change (YoY)	0.86%	1.55%	-0.26%	-1.43%	0.02%	0.02%
EPS (Basic)	2.94	3.08	3.05	2.68	1.88	1.29
EPS (Diluted)	2.91	3.03	3.05	2.68	1.88	1.29
EPS Growth	-5.00%	-0.66%	13.90%	42.44%	46.07%	-44.04%
Dividend Per Share	0.920	2.120	2.100	1.400	0.950	0.470
Dividend Growth	-56.19%	0.95%	50.00%	47.37%	102.13%	-57.27%
Effective Tax Rate	31.51%	33.49%	31.84%	33.01%	31.74%	24.75%

Updated Feb 10, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.