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