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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	-	835.37	774.43	529.1	479.62	446.94
Interest Income on Investments	-	12.54	16.17	9.85	7.5	3.03
Total Interest Income	-	847.91	790.6	538.95	487.12	449.96
Interest Paid on Deposits	-	433.35	343.06	114.23	114.15	107.71
Net Interest Income	404.56	414.56	447.54	424.72	372.97	342.25
Net Interest Income Growth (YoY)	-9.87%	-7.37%	5.37%	13.87%	8.98%	0.72%
Income From Trading Activities	4.18	-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	32.81	32.81	16.81	12.09	15.95	21.7
Other Non-Interest Income	88.04	90.64	98.12	93.51	83.28	74.89
Total Non-Interest Income	157.91	154.41	123.3	121.95	107.18	99.87
Non-Interest Income Growth (YoY)	20.18%	25.23%	1.11%	13.77%	7.32%	3.50%
Revenues Before Loan Losses	562.48	568.98	570.84	546.66	480.16	442.12
Provision for Loan Losses	-93.31	-92.91	-79.34	-55.13	-45.37	49.5
Revenue	655.79	661.89	650.18	601.8	525.53	392.62
Revenue Growth (YoY)	-0.78%	1.80%	8.04%	14.51%	33.85%	-16.26%
Salaries and Employee Benefits	168.5	169.7	162.69	150.08	141.78	123.37
Occupancy Expenses	12.2	12.2	9.72	9.5	10.29	9.03
Amortization of Goodwill & Intangibles	11.06	11.06	7.99	7.42	8.45	8.79
Selling, General & Administrative	214.39	218.99	221.82	200.41	192.34	190.82
Other Non-Interest Expense	3.45	4.65	19.96	21.87	25.56	-7.72
Total Non-Interest Expense	409.59	416.59	422.18	389.27	378.42	324.28
EBT Excluding Unusual Items	246.2	245.3	227.99	212.53	147.11	68.34
Asset Writedown	-0.02	-0.02	-	-	-	-
Other Unusual Items	-4.34	0.06	9.56	0.03	2.77	24.24
Pretax Income	241.84	245.34	237.56	211.8	149.87	91.88
Income Tax Expense	78.57	82.17	75.64	69.91	47.57	22.74
Earnings From Continuing Operations	163.27	163.17	161.92	141.89	102.3	69.14
Minority Interest in Earnings	-1.6	-1.6	-1.81	-0.8	-1.72	-0.34
Net Income	161.68	161.58	160.11	141.09	100.58	68.8
Net Income to Common	161.68	161.58	160.11	141.09	100.58	68.8
Net Income Growth	0.19%	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)	-	1.55%	-0.26%	-1.43%	0.02%	0.02%
EPS (Basic)	3.08	3.08	3.05	2.68	1.88	1.29
EPS (Diluted)	3.08	3.03	3.05	2.68	1.88	1.29
EPS Growth	-	-0.66%	13.90%	42.44%	46.07%	-44.04%
Dividend Per Share	-	2.120	2.100	1.400	0.950	0.470
Dividend Growth	-	0.95%	50.00%	47.37%	102.13%	-57.27%
Effective Tax Rate	32.49%	33.49%	31.84%	33.01%	31.74%	24.75%

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