Brief: Banca Sistema Q1 Net Profit At EUR 4.5 Mln
07/05/2021 12:43
May 7 (Reuters) - Banca Sistema SpA BSTA.MI :
* CET1 RATIO AT MARCH-END AT 12.2%
* Q1 NET PROFIT EUR 4.5 MILLION VERSUS EUR 4.6 MILLION YEAR
AGO
* Q1 OPERATING INCOME EUR 26.0 MILLION VERSUS EUR 22.0
MILLION
YEAR AGO
* TO CONTINUE EVALUATE NON-ORGANIC GROWTH OPTIONS IN CORE
BUSINESS
AREAS
* CONTINUATION OF 2021 IS EXPECTED IN LINE WITH THE BUSINESS
PLAN
APPROVED IN MARCH
* GROSS NPL TO TOTAL LOAN RATIO INCREASED TO 11.9% COMPARED
TO
9.5% AT 31 DECEMBER 2020
Source text for Eikon: urn:newsml:reuters.com:*:nBIA547Y8p
Further company coverage: BSTA.MI
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