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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	205.59	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	205.81	196.48	178.66	102.17	98.44	98.29
Interest Paid on Deposits	142.76	146.18	111.48	16.52	16.25	23.24
Net Interest Income	63.06	50.31	67.18	85.66	82.19	75.06
Net Interest Income Growth (YoY)	8.09%	-25.12%	-21.57%	4.22%	9.50%	-7.24%
Income From Trading Activities	38.2	34.22	2.77	-1.52	0.02	0.04
Gain (Loss) on Sale of Investments	3.64	3.38	1.52	0.91	4.12	6.34
Other Non-Interest Income	23.79	26.72	19.65	16.71	15.66	17.43
Total Non-Interest Income	73.95	70.69	36.55	20.1	25.79	28.02
Non-Interest Income Growth (YoY)	57.64%	93.41%	81.86%	-22.08%	-7.94%	40.94%
Revenues Before Loan Losses	137	121	103.73	105.75	107.98	103.08
Provision for Loan Losses	3.21	0.91	4.75	8.36	10.65	10.95
Revenue	133.79	120.09	98.98	97.4	97.33	92.13
Revenue Growth (YoY)	33.53%	21.32%	1.63%	0.07%	5.64%	0.30%
Salaries and Employee Benefits	32.11	31.63	29.86	26.03	28.98	25.53
Occupancy Expenses	2.64	2.64	2.68	2.68	2.47	1.88
Amortization of Goodwill & Intangibles	0.66	0.66	0.6	0.31	0.24	0.08
Selling, General & Administrative	34.48	33.11	31.66	27	29.55	21.76
Other Non-Interest Expense	9.15	9.65	8.45	7.41	0.82	4.34
Total Non-Interest Expense	79.1	77.69	73.25	63.42	62.06	53.58
EBT Excluding Unusual Items	54.69	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	53.93	41.9	25.73	33.17	34.46	36.86
Income Tax Expense	19.62	15.37	8.5	10.66	10.92	11.19
Earnings From Continuing Operations	34.31	26.52	17.23	22.51	23.54	25.67
Earnings From Discontinued Operations	-	-	-	-0.02	-0.02	-
Minority Interest in Earnings	-1.65	-1.32	-0.72	-0.46	-0.27	0.48
Net Income	32.66	25.2	16.51	22.03	23.25	26.15
Net Income to Common	32.66	25.2	16.51	22.03	23.25	26.15
Net Income Growth	92.92%	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)	-	0.14%	0.13%	-0.35%	0.17%	-0.03%
EPS (Basic)	0.41	0.31	0.21	0.28	0.29	0.33
EPS (Diluted)	0.41	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	36.38%	36.70%	33.04%	32.13%	31.68%	30.37%

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