Financial results and presentations

Banca Ifis financial results year by year.

Documents - Year 2025	1Q / 3M	2Q / 6M
Invitation	Download	Download
Financial Statements and Reports	Download
Presentations	Download
Press Release	Download
Conference Call	Download
Excel Backup	Download

Year 2024
Public disclosure As at 31 December 2024 - Pillar III	Download
Public disclosure As at 30 June 2024	Download

Year 2024
Annual Report 2024 (PDF)	Download
Annual Report 2024 (ESEF)	Download

Year 2024

Annual Report 2024 (PDF)

Download

Annual Report 2024 (ESEF)

Download

Previous years

Consult our financial results:

Financial results 2024
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 2024

In 2024, Banca Ifis reported a profit attributable to the Parent Company of 161,6 million Euro, confirming its strong economic, equity and financial profile. In these three years, Banca Ifis has successfully completed the 2022-2024 Business Plan, exceeding all its financial targets and moving increasingly towards digitalisation and sustainability. The cumulative profit achieved over the three-year period was 463 million Euro, 12% above the Plan targets.

Download the document

“

The Bank’s growth was achieved by further strengthening its capital ratios. Both the CET1 Ratio, at 16,10%, and the Total Capital Ratio, at 18,11%, have increased compared to 2023 and are significantly above the levels required by the Regulator. The strong capital position also allowed us to distribute total dividends of 111,5 million euros, equivalent to 2,12 euros per share, which is approximately 40% higher than the targets set in the Industrial Plan.

Financial Highlights 2024

Sustainable and lasting value

1,748.1

Mln €

Consolidated shareholders’ equity

699.2

Mln €

Net banking income***

161.6

Mln €

Consolidated net profit attributable to the Parent Company

Highlights of operating segments in 2024

Positive results for our operating segments

351.4

Mln €

Net banking income Commercial & Corporate Banking sector

296.2

Mln €

Net banking income NPL sector

51.5

Mln €

Net banking income Governance & Services and Non-core Sector

4,789.4

Mln €

Retail revenue

Historical data of the group
Historical data (in thousands of Euro)	31.12.2024	31.12.2023	31.12.2022	31.12.2021	31.12.2020
Shareholders' Equity consolidated	1,748,146	1,693,699	1,597,781	1,623,888	1,549,962
Net banking income***	699,152	704,616	680,547	599,938	465,486
Net profit (loss) from financial activities***	661,482	652,209	603,032	522,727	367,682
Profit for the period attributable to the Parent company	161,578	160,110	141,086	100,582	68,804

Net banking income (Mln €)	31.12.2024	31.12.2023	31.12.2022	31.12.2021	31.12.2020
Commercial & Corporate Banking Sector	351,424	344,639	318,444	282,684	222,680
NPL Sector	296,216	294,533	284,297	257,557	162,942
Governance & Services and Non-core Segment	51,512	65,444	77,806	59,697	82,178

KPI	31.12.2024	31.12.2023	31.12.2022	31.12.2021	31.12.2020
ROE	9.4%	9.7%	8.8%	6.5%	4.5%
Total Capital Ratio	18.11%*	17.44%	18.82%	19.63%	14.85%
CET 1 Ratio	16.10%*	14.87%	15.01%	15.44%	11.29%
EPS	3.08	3.05	2.68	1.88	1.29
Dividend per share (euro)**	2.12	2.10	1.40	0.95	0.47

*CET1 and Total Capital include the profits accrued by the Banking Group at 31 December 2024, net of the related dividend, including the portion distributed on an interim basis in compliance with the provisions of Article 2433, paragraph 4 of the Italian Civil Code.

**The figures for FY 2024 comprise the total of 1,20 Euro per share distributed as an interim dividend in November 2024 and 0,92 Euro per share as a proposal for a final dividend for the FY 2024 prepared by Banca Ifis’s Board of Directors.

*** Reclassifications and aggregations of the consolidated income statement concern the following:
– net credit risk losses/reversals of the Npl Segment are reclassified to interest receivable and similar income (and therefore to “Net interest income”) to the extent to which they represent the operations of this business and are an integral part of the return on the investment;
– net allocations to provisions for risks and charges are excluded from the calculation of “Operating costs”;
– cost and revenue items deemed as “non-recurring” (e.g. because they are directly or indirectly related to business combination transactions, such as the “gain on a bargain purchase” in accordance with IFRS 3), are excluded from the calculation of “Operating costs”, and are therefore reversed from the respective items as per Circular 262 (e.g. “Other administrative expenses”, “Other operating income/costs”) and included in a specific item “Non-recurring income and costs”;
– the ordinary and extraordinary charges introduced against the Group’s banks (Banca Ifis and Banca Credifarma) under the Single and National Resolution Mechanisms (SRF and NRF) and the Deposit Protection Mechanism (DGS or FITD) are shown under a separate item called “Charges related to the banking system” (which is excluded from the calculation of “Operating costs”), instead of being shown under “Other administrative expenses” or “Net allocations to provisions for risks and charges”;
– the following is included under the single item “Net credit risk losses/reversals”: – net credit risk losses/reversals relating to financial assets measured at amortised cost (with the exception of those relating to the Npl Segment mentioned above) and to financial assets measured at fair value through other comprehensive income;
– net allocations to provisions for risks and charges for credit risk relating to commitments and guarantees granted;
– profits (losses) from the sale/repurchase of loans at amortised cost other than those of the Npl Segment.