(Finance) – After the presentation you saw yesterday the profit of Ifis Bank rise to 125 million euros (+18.2%) and decide on the distribution of a interim dividend 2023 of 63 million euros (1.2 euros per share in circulation), the results of the first nine months of the year of the Bank chaired by Ernesto Fürstenberg Fassio are rewarded by analysts.
KBW reports results exceeding expectations with a judgment on the title of Outperform and the target at 18.70 euros. For BNP Paribas the Venetian Bank is “on the right path despite a slowdown in the macroeconomic scenario”, highlighting that the cost control carried out is translated towards an improvement in profits. Finally, a positive opinion also from IMI Bank which confirms the Buy on the stock, bringing the target price to 20.60 euros per share.
Year to date the title of Banca Ifis is grew by approximately 30% with an increase of 8 percentage points in the last month alone. Banca Ifis has recently perfected the acquisition of Revalea by the Mediobanca Group, an operation which consolidated its positioning as a reference operator in the non-performing loan market in the small tickets unsecured segment.