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Banca IFIS SpA (IF.MI)

IF.MI on Milan Stock Exchange

16.89EUR
22 Feb 2019
Change (% chg)

€0.18 (+1.08%)
Prev Close
€16.71
Open
€16.85
Day's High
€17.21
Day's Low
€16.68
Volume
299,960
Avg. Vol
247,292
52-wk High
€36.84
52-wk Low
€13.31

Latest Key Developments (Source: Significant Developments)

Banca Ifis Finalizes Acquisition Of 90 Pct Of FBS
Monday, 7 Jan 2019 

Jan 7 (Reuters) - Banca IFIS SpA ::HAS FINALIZED ACQUISITION OF FBS S.P.A, FOURTH NATIONAL PLAYER FOCUSED ON SECURED AND CORPORATE NPLS.DEAL PERTAINS TO 90% OF FBS SHAREHOLDERS EQUITY FOR A CASH CONSIDERATION OF EUR 58.5 MILLION.  Full Article

Banca Ifis Acquires NPL Portfolio From Monte Dei Paschi Of EUR 1.16 Bln In Nominal Value
Wednesday, 2 Jan 2019 

Jan 2 (Reuters) - Banca Ifis Spa ::HAS ACQUIRED FROM MONTE DEI PASCHI NON PERFORMING LOAN PORTFOLIO OF EUR 1.16 BILLION IN NOMINAL VALUE.  Full Article

Banca Ifis SpA Says Acquisition Of FBS Approved
Thursday, 22 Nov 2018 

Nov 22 (Reuters) - Banca IFIS SpA ::SAYS ACQUISITION OF FBS APPROVED BY BANK OF ITALY.  Full Article

Banca Ifis SpA 9-Month Net Profit EUR 89 Mln, Down 40.3% Yr/Yr
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Banca IFIS SpA ::9-MONTH NET PROFIT EUR 89 MILLION, DOWN 40.3% VERSUS YEAR AGO.CET1 RATIO AT END-SEPT AT 14.63 PERCENT.9-MONTH NET BANKING INCOME: 403.6 MILLION EURO (+7.5%).  Full Article

Banca Ifis CEO Sees Max Spread Impact Of 17 Bps From Govt Securities Portfolio
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - Banca Ifis Chief Executive Officer Giovanni Bossi in a conference call::SAYS BANK'S FREE CASH FLOW AMOUNTS TO EUR 1.3 BILLION AND EUR 200 MILLION ARE ENOUGH TO MEET LIQUIDITY COVERAGE RATIO REQUIREMENTS.SAYS GOVERNMENT SECURITIES PORTFOLIO AMOUNTS TO EUR 400 MILLION, ESTIMATES MAX SPREAD IMPACT AT 17 BASIS POINTS.EXPECTS FY 2018 NET PROFIT OF ABOUT EUR 140 MILLION.  Full Article

Banca IFIS Renews Bond Issue Programme EMTN For Up To EUR 5 Bln
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - Banca IFIS SpA ::RENEWS BOND ISSUE PROGRAMME EMTN (EURO MEDIUM TERM NOTES) FOR UP TO EUR 5 BILLION.  Full Article

Banca Ifis Buys 3 Portfolios Of Distressed Loans In September
Friday, 21 Sep 2018 

Sept 21 (Reuters) - Banca IFIS SpA ::IN SEPTEMBER, IFIS NPL ACQUIRED FROM UNICREDIT, DEUTSCHE BANK GROUP AND ONE OF ITALIAN CONSUMER CREDIT COMPANIES 3 PORTFOLIOS OF DISTRESSED LOANS.NOMINAL VALUE OF 3 PORTFOLIOS OF DISTRESSED LOANS ACQUIRED IN SEPT. IS EUR 1.26 BILLION AND THEY CONSIST OF MORE THAN 70,700 POSITIONS.  Full Article

Banca Ifis buys 1.09 bln euro soured loans from UniCredit
Friday, 21 Sep 2018 

Sept 21 (Reuters) - Banca Ifis says::HAS BOUGHT SOURED LOANS WORTH 1.09 BILLION EUROS FROM UNICREDIT.  Full Article

Banca IFIS Q2 Net Profit Down 60.0 Pct To EUR 28.4 Mln
Friday, 3 Aug 2018 

Aug 3 (Reuters) - Banca IFIS SpA ::Q2 NET PROFIT EUR 28.4 MILLION VERSUS EUR 71.0 MILLION YEAR AGO.Q2 NET BANKING INCOME EUR 138.7 MILLION VERSUS EUR 149.7 MILLION YEAR AGO.  Full Article

Cerberus, Ifis Bid For $5 Bln Credit Agricole Loans - Bloomberg, Citing Sources
Monday, 16 Jul 2018 

July 16 (Reuters) - :CERBERUS, IFIS BID FOR $5 BILLION CREDIT AGRICOLE LOANS - BLOOMBERG, CITING SOURCES.  Full Article

Italy - Factors to watch on Feb. 11

MILANO, Feb 11 The following factors could affect Italian markets on Monday.