-1.23%
-1.23%
-4.99%
3.87%
29.66%
14.11%
46.54%
AI Spotlight on IF
Company Description
Banca IFIS S.p.A. provides credit services and solutions for enterprises.It engages in the purchase/management of non-performing loan portfolios.It offers factoring, advisory and equity investment, structured finance, leasing, and long-term financing for industrial investments.
The company was founded in 1983 and is based in Mestre, Italy.Banca IFIS S.p.A. is a subsidiary of La Scogliera S.p.A.
Market Data
| Last Price | 20.94 |
| Change Percentage | -1.23% |
| Open | 21 |
| Previous Close | 21.2 |
| Market Cap ( Millions) | 1101 |
| Volume | 79593 |
| Year High | 23.2 |
| Year Low | 15.95 |
| M A 50 | 21.21 |
| M A 200 | 21.04 |
Financial Ratios
| FCF Yield | 8.40% |
| Dividend Yield | 10.03% |
| ROE | 11.35% |
| Debt / Equity | 0.00% |
| Net Debt / EBIDTA | 0.00% |
| Price To Book | 0.62 |
| Price Earnings Ratio | 5.63 |
| Price To FCF | 11.9 |
| Price To sales | 1.04 |
| EV / EBITDA | 0 |
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Non-performing Loans
Expected Growth : 2.5 %
What the company do ?
Non-performing Loans from Banca IFIS S.p.A. refer to debts where borrowers have failed to make interest or principal payments for 90+ days, affecting the bank's profitability.
Why we expect these perspectives ?
Banca IFIS S.p.A.'s 2.5% growth in Non-Performing Loans (NPLs) is driven by a combination of factors, including a moderate economic growth in Italy, increased lending activities, and a slight relaxation in credit standards. Additionally, the bank's focus on acquiring and managing NPLs from other institutions has contributed to the growth. Furthermore, the bank's provisioning policies and risk management practices have also played a role in the NPL growth.
Segment n°2 -> Commercial & Corporate Banking - Factoring
Expected Growth : 3.5 %
What the company do ?
Commercial & Corporate Banking - Factoring from Banca IFIS S.p.A. provides financing solutions to businesses, advancing funds against outstanding invoices, improving cash flow and reducing credit risk.
Why we expect these perspectives ?
Banca IFIS S.p.A.'s 3.5% growth in Commercial & Corporate Banking - Factoring is driven by increasing demand for working capital solutions, expansion into new markets, and strategic partnerships. Additionally, the bank's digitalization efforts and efficient risk management practices have contributed to its growth.
Segment n°3 -> Commercial & Corporate Banking - Corporate Banking & Lending
Expected Growth : 3.2 %
What the company do ?
Commercial & Corporate Banking - Corporate Banking & Lending from Banca IFIS S.p.A. provides customized financial solutions to large corporations, supporting their growth and development.
Why we expect these perspectives ?
The 3.2% growth in Commercial & Corporate Banking - Corporate Banking & Lending at Banca IFIS S.p.A. is driven by increasing demand for working capital and investment financing from Italian SMEs, expansion into new regions, and strategic partnerships with corporates and financial institutions, as well as effective risk management and optimized lending processes.
Segment n°4 -> Governance & Services and Non Core
Expected Growth : 2.8 %
What the company do ?
Governance & Services and Non-Core from Banca IFIS S.p.A. refer to the bank's organizational structure and non-essential business activities, respectively, which support its core banking operations.
Why we expect these perspectives ?
Banca IFIS S.p.A.'s 2.8% growth in Governance & Services and Non-Core segments is driven by efficient cost management, optimized operational processes, and strategic partnerships. The bank's focus on digital transformation and innovation also contributes to growth, while its diversified revenue streams and robust risk management practices ensure sustainability.
Segment n°5 -> Commercial & Corporate Banking - Leasing
Expected Growth : 3.8 %
What the company do ?
Commercial & Corporate Banking - Leasing from Banca IFIS S.p.A. provides financing solutions for businesses, including leasing of equipment, vehicles, and real estate.
Why we expect these perspectives ?
The 3.8% growth in Commercial & Corporate Banking - Leasing at Banca IFIS S.p.A. is driven by increasing demand for equipment and vehicle financing, expansion into new markets, and strategic partnerships. Additionally, the bank's focus on digitalization and process efficiency has improved customer experience, leading to higher volumes and revenue growth.
Banca Ifis S.P.A. Products
| Product Range | What is it ? |
|---|---|
| Factoring | A financial service that allows companies to receive immediate payment for their outstanding invoices, improving their cash flow and reducing the risk of non-payment. |
| Invoice Discounting | A financial service that allows companies to receive immediate payment for their outstanding invoices, while maintaining control over their sales ledger. |
| Asset-Based Lending | A financial service that allows companies to use their assets (e.g. inventory, equipment, or property) as collateral to secure a loan. |
| Leasing | A financial service that allows companies to use assets (e.g. equipment, vehicles, or real estate) without having to purchase them outright. |
| Credit Management | A financial service that allows companies to outsource their credit management activities, including credit checks, invoicing, and debt collection. |
| Digital Banking | A digital platform that allows individuals and businesses to manage their finances, make payments, and access financial services online. |
Banca IFIS S.p.A.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Banca IFIS S.p.A. is medium due to the presence of alternative financial institutions and digital payment systems.
Bargaining Power Of Customers
The bargaining power of customers for Banca IFIS S.p.A. is low due to the bank's strong brand reputation and customer loyalty.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Banca IFIS S.p.A. is medium due to the bank's dependence on technology providers and other third-party vendors.
Threat Of New Entrants
The threat of new entrants for Banca IFIS S.p.A. is high due to the increasing trend of fintech startups and digital banking platforms.
Intensity Of Rivalry
The intensity of rivalry for Banca IFIS S.p.A. is high due to the competitive nature of the banking industry and the presence of established players.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 79.09% |
| Debt Cost | 7.90% |
| Equity Weight | 20.91% |
| Equity Cost | 10.14% |
| WACC | 8.36% |
| Leverage | 378.24% |
Banca IFIS S.p.A. : Quality Control
Banca IFIS S.p.A. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| TKBP.SW | Thurgauer Kantonalbank provides various banking products and services to private individuals, businesses, companies, and public sectors in Switzerland. It offers accounts, home and personal loans, mortgages, asset management, financial planning, … |
| SVEG.OL | Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Vestland and Rogaland, Norway. It operates through Corporate Market, Retail Market, Bulder Bank, Treasury, and … |
| ARBB.L | Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. It operates through Banking, Wealth Management, Mortgage Portfolios, Renaissance Asset … |
| BGEO.L | Bank of Georgia Group PLC, through its subsidiaries, provides various banking products and services in Georgia. It operates through three segments: Retail Banking, Corporate and Investment Banking, and BNB. The … |
| BOCH.L | Bank of Cyprus Holdings Public Limited Company, through its subsidiaries, provides banking, financial, and insurance services. It offers current, savings, notice, instant access, and fixed deposits; housing, student, consumer, business … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Banca IFIS
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1-Year Total Return ->
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Bank of Georgia
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Sparebanken Vest
A-Score
1-Year Total Return ->
4
Arbuthnot Banking
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1-Year Total Return ->
5
Thurgauer KB
A-Score
1-Year Total Return ->
6
