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Banca IFIS SpA (IF.MI)

IF.MI on Milan Stock Exchange

13.57EUR
11:50am BST
Change (% chg)

€0.23 (+1.72%)
Prev Close
€13.34
Open
€13.29
Day's High
€13.57
Day's Low
€13.29
Volume
76,336
Avg. Vol
386,169
52-wk High
€28.68
52-wk Low
€11.07

Latest Key Developments (Source: Significant Developments)

Banca Ifis Q4 Net Profit Up At EUR 57.8 Mln
Monday, 11 Feb 2019 

Feb 11 (Reuters) - Banca IFIS SpA ::Q4 NET PROFIT EUR 57.8 MILLION VERSUS EUR 31.6 MILLION YEAR AGO.Q4 NET BANKING INCOME EUR 173.0 MILLION VERSUS EUR 150.0 MILLION YEAR AGO.DIVIDEND ESTIMATED TO RISE BY 5% TO 1.05 EUROS PER SHARE.CET1 RATIO AT END-DEC WITH THE CONSOLIDATION WITHIN LA SCOGLIERA AT 10.30% PERCENT.HAS UPDATED ITS 2019 INTERNAL ESTIMATES OF INCOME STATEMENT AND BALANCE SHEET FIGURES.SEES IN 2019 SLIGHT INCREASE IN NET BANKING INCOME COMPARED TO 2018.SEES IN 2019 APPROXIMATELY 140-160 MILLION EURO PROFIT.EXPECTS IN 2019 CET1 INCLUDING CONSOLIDATION WITHIN LA SCOGLIERA TO MODERATELY IMPROVE COMPARED TO 2018.  Full Article

Banca IFIS Repurchases Senior Bonds 2% For EUR 96.776 Mln
Monday, 10 Dec 2018 

Dec 10 (Reuters) - Banca IFIS SpA ::SAYS OFFER FOR SENIOR PREFERRED UNSECURED BONDS 2%, EXPIRING ON 24 APRIL 2023 ENDED WITH REPURCHASE OF BONDS FOR 96.776 MILLION EURO OF NOMINAL VALUE.SAYS REPURCHASED BONDS REPRESENT ABOUT 96.8% OF BONDS SUBJECT TO OFFER AND ABOUT 32.3% OF BONDS ISSUED.  Full Article

Banca Ifis Announces Tender Offer On Bonds
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Banca IFIS SpA ::ANNOUNCES A TENDER OFFER ON "SENIOR PREFERRED UNSECURED 2%, 24 APRILE 2023" BONDS.TENDER OFFER WILL LAST FOR FIVE DAYS AND WILL TERMINATE ON DEC 7 AND MAXIMUM ACCEPTANCE AMOUNT IS UP TO EUR 100 MILLION IN PRINCIPAL AMOUNT OF NOTES.  Full Article

Banca Ifis Buys Two NPL For Gross Book Value Of EUR 454 Mln
Wednesday, 14 Nov 2018 

Nov 14 (Reuters) - Banca IFIS SpA ::SAYS BUYS TWO NPL FOR NOMINAL VALUE EUR 454 MILLION.  Full Article

UK's FCA Temporarily Prohibits Short Selling In Banca IFIS And Biesse
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - UK'S Financial Conduct Authority: :TEMPORARILY PROHIBITS SHORT SELLING IN BANCA IFIS AND BIESSE.  Full Article

Banca Ifis Probably Will Not Confirm 2019 Target, But Needs To Wait For New Industrial Plan - Investor Relations Head
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - Banca IFIS SpA ::PROBABLY WILL NOT CONFIRM 2019 TARGET, BUT NEEDS TO WAIT FOR NEW INDUSTRIAL PLAN - INVESTOR RELATIONS HEAD.  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 GOVERNMENT SECURITIES PORTFOLIO AMOUNTS TO EUR 400 MILLION, ESTIMATES MAX SPREAD IMPACT AT 17 BASIS POINTS.SAYS BANK'S FREE CASH FLOW AMOUNTS TO EUR 1.3 BILLION AND EUR 200 MILLION ARE ENOUGH TO MEET CAPITAL RATIO REQUIREMENTS.EXPECTS FY 2018 NET PROFIT OF ABOUT EUR 140 MILLION.  Full Article

Banca IFIS To Evaluate Issue Of 5-Year Bond
Monday, 9 Apr 2018 

April 10 (Reuters) - BANCA IFIS SPA ::SAID ON MONDAY THAT IT HAS MANDATED BNP PARIBAS, NOMURA AND UNICREDIT TO ARRANGE INVESTOR MEETINGS TO EVALUATE THE POSSIBLE ISSUE OF A SENIOR PREFERRED UNSECURED 5-YEAR BOND IN EURO.THE TRANSACTION WOULD BE PART OF THE 5 BILLION EURO EMTN PROGRAMME.  Full Article

Banca IFIS To Incorporate IFIS Leasing
Tuesday, 20 Mar 2018 

March 20 (Reuters) - BANCA IFIS SPA ::FILES PROJECT TO INCORPORATE IFIS LEASING, EXPECTS TO FINALIZE OPERATION IN MAY.  Full Article

Banca Ifis Finances NPL Portfolio Acquisition By Cerberus Affiliate
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - BANCA IFIS SPA ::TOGETHER WITH CERBERUS FOR FINANCING TRANSACTION OF NPL PORTFOLIO.NON-PERFORMING LOANS PORTFOLIO WAS BOUGHT BY AFFILIATE OF CERBERUS CAPITAL MANAGEMENT.BANCA IFIS ACTED AS LENDER FOR PORTFOLIO ACQUISITION WITH INVESTMENT OF ABOUT 40 MILLION EURO.  Full Article

CORRECTED-Italy - Factors to watch on May 28

(Removes first item from diary section) The following factors could affect Italian markets on Tuesday.