Financial results and presentations

Banca Ifis financial results year by year.

Documents - Year 2023	1Q / 3M	2Q / 6M	3Q / 9M	FY / 12M
Invitations	Download	Download	Download	Download
2023 financial statements	Download	Download	Download	Download
Presentations	Download	Download	Download	Download
Press Release	Download	Download	Download	Download
Conference Call	Download	Download	Download	Download
Excel Backup	Download	Download	Download	Download

Year 2023
Public disclosure As at 31 December 2023 - Pillar III	Download
Public disclosure As at 30 June 2023	Download

Year 2023
Consolidated non-financial statement	Download
2023 financial statement (pdf)	Download
2023 financial statement (ESEF)	Download

Previous years

Consult our financial results:

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.

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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.