illimity Bank S.p.A. (ILTY.MI)
- GlobeNewswire
illimity Ends the Third Quarter of 2022 With Solid Results in Line With Budget Forecasts
Net Profit of 19.1 Million Euro in the Third Quarter of 2022(+21% Q/Q and +2% Y/Y), Which BringsNet Profit to 50.6 Million Euro in 9M22 (+10% vs 9M21) Net Customer Loans at 3.3 Billion Euro (+4% Q/Q and +34% Y/Y) Excellent Asset Quality and Capital Base Confirmed:Organic NPE Ratio1 at 0.7% and CET1 Ratio at 18%2 Net Profit for the Full Year 2022 Expected to beat Least 75 Million Euro With an ROE of Ca. 10% Which Includes Pre-Tax Losses of Approximately 20 Million Euro Arising From the Tech Initi
- GlobeNewswire
Sound Results for illimity Also in the Second Quarter of 2022
Net Profit of 15.8 Million Euro (+6% Y/Y), Bringing the Net Result for the First Half Year to 31.5 Million Euro (+15% vs 1H21)Earnings Driven by Growth in Revenue, Which Rose to 80.6 Million Euro in 2Q22 (+13% Y/Y), illimity’s Best Quarterly Figure, and to 159 Million Euro in 1H22 (+25% Y/Y)Net Customer Loans at 3.2 Billion Euro (+37% Y/Y)Excellent Asset Quality and Capital Base:Organic NPE Ratio1 of 0.9% and CET1 Ratio of Over 17%2Purchase of Arec Finalised at the End of the Quarter,Positioning
- GlobeNewswire
Solid Start by illimity in the First Quarter of 2022, in line With the Growth Trajectory of Its Strategic Plan
Operating Profit at 33.5 Million Euro, a Rise of 72% Y/Y Net Profit of 15.7 Million Euro (+25% Y/Y) The Strongest Ever First Quarter in Terms of New Business Generation, Taking Customer Loans and Investments to Over 2.8 Billion Euro (+27% Y/Y) and Total Assets to 4.9 Billion Euro Asset Quality and Capital Base Remain at Excellent Levels in the Banking System: Organic NPE Ratio1 at 0.7% and CET1 Ratio at 17.7% Successful Launch of b-ilty and Quimmo, Highly Innovative Digital Initiatives Reinforce
