Banca Profilo S.p.A. (BIT: PRO)

Banca Profilo 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	85.72	68.92	43.61	19.53	15.87	20.66
Interest Income on Investments	28.3	26.41	18.52	21.41	16.56	20.3
Total Interest Income	114.02	95.33	62.13	40.94	32.43	40.96
Interest Paid on Deposits	64.25	40.02	2.51	2.15	1.66	2.96
Net Interest Income	49.78	55.31	59.62	38.79	30.77	38
Net Interest Income Growth (YoY)	-21.72%	-7.22%	53.71%	26.06%	-19.03%	18.71%
Income From Trading Activities	-13.2	-14.65	-13.21	-9.64	-5.77	-12.11
Gain (Loss) on Sale of Investments	3.35	3.59	-0.67	4.59	8.03	5.98
Other Non-Interest Income	26.26	27.93	22.14	27.46	21.01	24.75
Total Non-Interest Income	22.39	19.59	8.91	25.96	26.31	19.11
Non-Interest Income Growth (YoY)	88.84%	119.78%	-65.67%	-1.30%	37.64%	-7.93%
Revenues Before Loan Losses	72.17	74.9	68.53	64.75	57.07	57.11
Provision for Loan Losses	1.77	2.2	1.29	1.18	0.32	-0.19
Revenue	70.4	72.7	67.24	63.57	56.76	57.3
Revenue Growth (YoY)	-4.06%	8.12%	5.78%	12.00%	-0.95%	8.41%
Salaries and Employee Benefits	32.56	32.05	29.86	28.79	24.88	26.72
Occupancy Expenses	1.53	1.43	1.45	1.44	1.34	1.36
Amortization of Goodwill & Intangibles	1.47	0.88	0.85	0.9	0.92	1.12
Selling, General & Administrative	26.26	26.14	23.98	23.18	20.59	20.44
Other Non-Interest Expense	-3.53	-4.07	-4.67	-4.41	-4.72	-4.22
Total Non-Interest Expense	58.3	56.44	51.47	49.9	43.01	45.42
EBT Excluding Unusual Items	12.1	16.26	15.77	13.67	13.74	11.88
Legal Settlements	-	-	0.03	0	0.05	-
Pretax Income	12.1	16.26	15.8	13.54	13.65	11.38
Income Tax Expense	3.39	4.73	4.67	4.66	4.31	3.58
Earnings From Continuing Operations	8.71	11.53	11.13	8.89	9.33	7.8
Earnings From Discontinued Operations	-	0.59	-	2.74	-1.04	0.93
Minority Interest in Earnings	-	-	-	0.09	0.41	-0.36
Net Income	8.71	12.12	11.13	11.71	8.71	8.37
Net Income to Common	8.71	12.12	11.13	11.71	8.71	8.37
Net Income Growth	-34.54%	8.93%	-4.99%	34.49%	4.04%	411.99%
Basic Shares Outstanding	-	658	655	651	670	644
Diluted Shares Outstanding	-	658	655	651	670	644
Shares Change (YoY)	-	0.56%	0.60%	-2.87%	4.04%	-21.23%
EPS (Basic)	-	0.02	0.02	0.02	0.01	0.01
EPS (Diluted)	-	0.02	0.02	0.02	0.01	0.01
EPS Growth	-	8.32%	-5.56%	38.46%	0%	550.00%
Dividend Per Share	0.015	0.015	0.014	0.031	0.018	0.009
Dividend Growth	10.71%	10.71%	-54.84%	72.22%	100.00%	200.00%
Effective Tax Rate	28.02%	29.10%	29.57%	34.37%	31.60%	31.46%

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