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ES
Banca Ifis, profit drops from 88 to 8 million
['Matthew Allen']
LNU News
Banca Ifis closes the first half of 2026 with a net profit of just 8 million euros, compared to 88 million in the same period last year.
Of these, 113.4 million come from the illimity perimeter and 293.2 million from the pre-existing Banca Ifis, compared to the 351 million recorded overall a year earlier.
Overall operating costs reached 308.8 million euros, of which 125.4 million related to personnel and 172.5 million to other administrative expenses.
Banca Ifis can add a broader customer base, a consolidated presence among SMEs and activities specialized in factoring and leasing.
The sector has overall loans of approximately 9.6 billion euros, while the activities of Banca Ifis alone generated revenues of 168.3 million.