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Banca Ifis: 2021 financial statements close with record profit and revenues. Dividend confirmed at €0,95 per share

The Board approves the 2021 financial statements in view of the shareholders' meeting on April 28 and confirms the doubling of the dividend. Count beyond forecasts

Banca Ifis: 2021 financial statements close with record profit and revenues. Dividend confirmed at €0,95 per share

Il board of directors of Banca Ifis, which met today under the chairmanship of Ernesto Fürstenberg Fassio, approved the draft financial statements and the consolidated financial statements for 2021, confirming a Net income of the Parent Company up 46,2% to 100,6 million euros, higher than the guidance targets already revised upwards in November 2021 and estimated at between 90 and 100 million euros.
All preliminary results as at 31 December 2021 already approved by the Board e disclosed to the market last February 10, they were confirmed.

Banca Ifis financial statements: revenues at an all-time high

“In 2021 the Bank was able to seize the opportunities offered by the economic recovery, creating the foundations for business plan 2022-2024” says a note from the banking institution. “The Group has gone beyond expectations, confirming revenues at an all-time high thanks to the excellent performance of all the Bank's business units. The bank moved the registered office of La Scogliera to the canton of Vaud in Switzerland, guided by personal motivations of the President, but this “also had the effect of optimizing the capital requirements of the Bank, also confirming the focus on long-term growth term of the controlling shareholder”.

Double dividend confirmed compared to the previous year

At the Shareholders' Meeting on 28 April, the distribution of a gross dividend per share of €0,95 per share will be proposed, already considered as a deduction from own funds as at 31 December 2021, equal to double the coupon distributed in 2021 at valid for the 2020 financial year (0,47 euro per share). The amount will be paid from 25 May 2022 with record date on 24 May 2022 and ex-coupon date (no. 25) on 23 May 2022.
Payment will be made through the authorized financial intermediaries with which the shares are registered in the Monte Titoli System.
 

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