Overview
Italy bank's preliminary 2025 net profit at EUR 328 mln, includes illimity Bank consolidation
Company confirmed EUR 75 mln cost and revenue synergies for 2025
CET1 capital ratio for 2025 stands at 13.7%
Outlook
Banca Ifis plans 2025 dividend payout of EUR 129 mln, split between Nov 2025 and May 2026
Result Drivers
ILLIMITY BANK CONSOLIDATION - Net profit includes effects of first-time consolidation of illimity Bank
SYNERGIES - Co confirmed EUR 75 mln in cost and revenue synergies for 2025
HYPE SALE IMPACT - Sale of Hype to Gruppo Banca Sella generated a positive 55 bps impact on CET1 ratio
Company press release: ID:nBIAbYb0d8
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY CET1 Capital Ratio
13.70%
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "buy"
Wall Street's median 12-month price target for Banca IFIS SpA is €29.00, about 27.8% above its March 11 closing price of €22.70
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)