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Financial results and presentations

Banca Ifis financial results year by year.

Documents - Year 2024

1Q / 3M

2Q / 6M

3Q / 9M

FY / 12M

Invitations

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2024 financial statements

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Presentations

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Press Release

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Conference Call

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Excel Backup

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Year 2024

Public disclosure
As at 30 June 2024

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Consult our financial results:

  • Financial results 2023
  • Financial results 2022
  • Financial results 2021
  • Financial results 2020
  • Financial results 2019
  • Financial results 2018
  • Financial results 2017
  • Financial results 2016
  • Financial results 2015
  • Financial results 2014
  • Financial results 2013
  • Financial results 2012
  • Financial results 2011
  • Financial results 2010
  • Financial results 2009
  • Financial results 2008
  • Financial results 2007
  • Financial results 2006
  • Financial results 2005
  • Financial results 2004
  • Financial results 2003
  • Financial results 2002

Financial Report 2023

In 2023, Banca Ifis achieved important financial, industrial and sustainability results. In terms of financial results, net profit rose by 13.5% compared with 2022, coming to 160,1 million Euro: net of PPA, this is the best figure in the Bank’s history. The figure is 16.8% higher than the target of 137 million Euro profit set for 2023 in the Business Plan and in line with the target initially set for the end of 2024 by the same Plan.

 

With 2023 net profit of 160,1 million Euro, up more than 13 points from 141,1 million Euro in the previous year. Banca Ifis reached the profit target set for 2024 in our Business Plan year early. This was achieved thanks to revenue growth and prudent cost and risk management policies, which, combined with a strong liquidity position, made it possible to share these financial successes with our investors: of the 300 million Euro accumulated profit for the two-year period 2022-23, a good 185 million Euro was distributed as a dividend.

 

Financial Highlights 2023

Sustainable and lasting value

1,693.7
Mln €

Consolidated shareholders’ equity

704.6
Mln €

Net banking income***

160.1
Mln €

Consolidated net profit attributable to the Parent Company

Highlights of operating segments in 2023

Positive results for our operating segments

344.6
Mln €

Net banking income Commercial & Corporate Banking sector

294.5
Mln €

Net banking income NPL sector

65.4
Mln €

Net banking income Governance & Services and Non-core Sector

4,475
Mln €

Retail revenue

Historical data of the group

Historical data
(in thousands of Euro)

31.12.2023

31.12.2022

31.12.2021

31.12.2020

31.12.2019

Shareholders' Equity consolidated

1,693,699

1,597,781

1,623,888

1,549,962

1,538,953

Net banking income***

704,616

680,547

599,938

465,486

556,411

Net profit (loss) from financial activities***

652,209

603,032

522,727

367,682

469,863

Profit for the period attributable to the Parent company

160,110

141,086

100,582

68,804

123,097

Net banking income
(Mln €)

31.12.2023

31.12.2022

31.12.2021

31.12.2020

31.12.2019

Commercial & Corporate Banking Sector

344,639

318,444

282,684

222,680

243,560

NPL Sector

294,533

284,297

257,557

162,942

244,924

Governance & Services and Non-core Segment

65,444

77,806

59,697

82,178

69,849

KPI

31.12.2023

31.12.2022

31.12.2021

31.12.2020

31.12.2019

ROE

9.7%

8.8%

6.5%

4.5%

8.2%     

Total Capital Ratio*

17.44%

18.82%

19.63%

14.85%

14.58%

CET1*

14.87%

15.01%

15.44%

11.29%

10.96%

EPS

3.05

2.68

1.88

1.29

2.30

Dividend per share (euro)**

2.10

1.40

0.95

0.47

1.10

*CET1 and Total Capital include the profits generated by the Banking Group as at 31 December 2023, net of the related dividend, including the portion distributed on an interim basis in accordance with the provisions of Article 2433(4) of the Italian Civil Code.

**The figures for the FY 2023 comprise the total of 1.20 Euro per share distributed as an interim dividend in November 2023 and 0.90 Euro per share as a proposal for a final dividend for the FY 2023 prepared by the Board of Directors of Banca Ifis.