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BANCA IFIS S.p.A.: Banca Ifis: net profit for the quarter comes to 20,1 million Euro with two-figure growth seen in revenues from core business
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The Banca Ifis Group s consolidated income statement for the first three months of 2021 reported a profit attributable to the Parent Company of 20,1 million Euro.
Highlights from the Banca Ifis Group s income statements for the first three months of 2021 are set out below.
Net banking income
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Net banking income totalled 137,7 million Euro, up 30% from 106 million Euro at 31 March 2020. This increase of 31,8 million Euro is mainly linked to the following two factors:
effect of the better general economic context on the