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Banca IFIS SpA (IF.MI)

IF.MI on Milan Stock Exchange

17.95EUR
14 Dec 2018
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€17.95
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225,712
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€43.08
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€13.31

Latest Key Developments (Source: Significant Developments)

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

Banca IFIS Signs Agreement To Buy 90 Pct Of FBS For EUR 58.5 Mln
Tuesday, 15 May 2018 

May 15 (Reuters) - Banca IFIS SpA ::SIGNS AGREEMENT TO BUY 90 PERCENT OF FBS FOR EUR 58.5 MILLION.CLOSING OF ACQUISITION IS EXPECTED FOR SEPT.FBS OPERATES IN NPL SEGMENT AS SERVICING SPECIALIST.SCOPE OF TRANSACTION INCLUDES PROPRIETARY PORTFOLIO OF NON-PERFORMING LOANS OVER 1.28 BILLION EURO.FBS MANAGES ABOUT 7.0 BILLION OF NPL.  Full Article

Banca Ifis Q1 Net Profit Up At EUR 37.9 Mln
Thursday, 10 May 2018 

May 10 (Reuters) - Banca IFIS SpA ::Q1 NET PROFIT EUR 37.9 MILLION VERSUS EUR 32.7 MILLION YEAR AGO.Q1 NET BANKING INCOME EUR 139.4 MILLION VERSUS EUR 103.5 MILLION YEAR AGO.  Full Article

Italian banks' bad loans fall to six-year low

MILAN Bad loans on Italian bank balance sheets fell to their lowest level in about six years in September, central bank data showed on Friday.