Brief: Banca Sistema Q2 Net Profit Up At EUR 7.5 Mln

Banca Sistema

31/07/2020 11:15

July 31 (Reuters) - Banca Sistema SpA  BSTA.MI :
    * Q2 OPERATING INCOME EUR 23.9 MILLION VERSUS EUR 24.8
MILLION
YEAR AGO
    * CET1 RATIO AT END JUNE AT  13.7%
    * Q2 NET PROFIT EUR 7.5 MILLION VERSUS PROFIT EUR 6.7
MILLION YEAR
AGO
    * DECIDED TO POSTPONE THE PREPARATION OF THE NEW BUSINESS
PLAN
UNTIL THE BEGINNING OF NEXT YEAR
    * SLIGHT DECLINE IN NEW BUSINESS MIGHT CONTINUE DURING YEAR,
WITH
IMPACT ON YEAR-END RESULTS THAT AT PRESENT IS DEEMED NOT
MEANINGFUL

Source text for Eikon:  ID:nBIA8Y7Rg 
Further company coverage:  BSTA.MI 

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