Finance

Banca Ifis: The Board of Directors approves the 2025 Draft Financial Statements

Preliminary results confirmed: net profit for 2025 amounts to €328 million, including the effects of the first-time consolidation of illimity. Following the completion of due diligence, the Bank confirms cost and revenue synergies of €75 million.
For the full year 2025, the Bank expects to distribute a total dividend of €129 million, of which €73 million (€1.20 per share) was paid on 26 November 2025 and €56 million (€0.92 per share) will be paid on 20 May 2026.

Mestre (Venice), 12 March 2026 – The Board of Directors of Banca Ifis, chaired by Ernesto Fürstenberg Fassio, met today and approved the 2025 Draft Separate Financial Statements and the 2025 Consolidated Financial Statements, confirming the preliminary results as of 31 December 2025 previously approved by the Board and disclosed to the market on 11 February 2026.

Banca Ifis closed the 2025 financial year with a consolidated net profit of €328 million, which reflects the Bank’s solid performance as well as the contribution from the first-time consolidation of illimity Bank as of 1 July 2025. This consolidation, together with the completion of the due diligence on illimity Bank, enabled Banca Ifis to confirm the €75 million in cost and revenue synergies announced at the launch of the OPAS. In addition, Banca Ifis has initiated the process for the disposal of illimity Bank’s non-core assets. Among these, the Bank has successfully completed the sale of Hype to Gruppo Banca Sella for €85 million, generating a positive impact of 55 bps on the CET1 ratio, which now stands at 13.7%[1], fully in line with targets.

For the entire year 2025, the Bank expects to distribute €129 million in dividends, thereby confirming the dividend per share. During 2025, Banca Ifis already paid a €73 million interim dividend (equivalent to €1.20 per share before tax, paid on 26 November 2025), while the remaining €56 million[2], corresponding to €0.92 per share, will be distributed in May 2026. Subject to approval by the Shareholders’ Meeting, the 2025 dividend balance will be paid with an ex‑dividend date of 18 May 2026, a record date of 19 May 2026, and a payment date of 20 May 2026.

The 2025 Separate Financial Statements as of 31 December 2025 will be submitted for approval to the Ordinary Shareholders’ Meeting scheduled for 16 April 2026. For further details, please refer to the preliminary results press release available in the Media section of the official website https://www.bancaifis.it.

The notice of call and the documentation relating to the items on the agenda of the Shareholders’ Meeting will be published in accordance with the procedures and deadlines required by applicable regulations.

[1] Pro‑forma CET1 including the effects of the disposal of 50% of Hype to Banca Sella Holding and of a non‑performing exposure subject to calendar provisioning.

[2] Amount determined on the basis of the number of shares outstanding as of the publication date of this press release.

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