-0.27%
8.04%
-1.89%
-20.57%
-28.68%
-72.29%
-60.67%
AI Spotlight on ILTY
Company Description
illimity Bank S.p.A. provides private banking, and investment and trading services in Italy.The company operates through four divisions: Distressed Credit, Growth Credit, Investment Banking, and b-ilty.The Distressed Credit division is involved in the purchase of secured and unsecured corporate distressed loans on primary and secondary markets; provision of financing services primarily in the form of senior financing to investors in distressed loans; and management of corporate non-performing loans portfolios and underlying assets.
The Growth Credit division is involved in the financing of the supply chains of the operators of Italian chains and industrial districts through the activity of recourse and non-recourse purchasing of customers' trade receivables; and financing to businesses; and financing solutions for acquisition activities.It also engages in the purchase of loans that are classified as unlikely-to-pay.The Investment Banking division operates in capital markets; implements complex financial transactions for the bank and companies; and provides corporate solutions, which invests in corporate bonds and alternative debts, as well as offers solutions to SMEs and Mid Caps to hedge market risks.
The b-ilty division offers digital banking and lending products and services to business customers.Its products include deposits and current accounts; and account aggregator services, as well as digital credit and insurance products.The company also manages the assets of closed end alternative investment funds, own funds, and third-party institutional investors funds.
illimity Bank S.p.A. is headquartered in Milan, Italy.
Market Data
| Last Price | 3.63 |
| Change Percentage | -0.27% |
| Open | 3.63 |
| Previous Close | 3.64 |
| Market Cap ( Millions) | 301 |
| Volume | 512361 |
| Year High | 5.62 |
| Year Low | 2.85 |
| M A 50 | 3.38 |
| M A 200 | 4.28 |
Financial Ratios
| FCF Yield | 17.33% |
| Dividend Yield | 6.85% |
| ROE | 6.28% |
| Debt / Equity | 0.00% |
| Net Debt / EBIDTA | -566.61% |
| Price To Book | 0.31 |
| Price Earnings Ratio | 5.04 |
| Price To FCF | 5.77 |
| Price To sales | 1.1 |
| EV / EBITDA | -1.03 |
News
- Jan -08 - Italy’s Banca Ifis Bids $308.7 Million for Illimity Amid Sector Consolidation
- Jan -08 - Banca Ifis Bids for Illimity Amid Italian Consolidation Wave
- Dec -31 - 3 Leading Dividend Stocks Yielding Up To 7.5%
- Dec -02 - 3 Reliable Dividend Stocks With Up To 9.6% Yield
- Nov -09 - Illimity Bank SpA (LTS:0A3J) Q3 2024 Earnings Call Highlights: Strong Liquidity and Growth ...
- Oct -09 - Illimity Bank SpA (FRA:53D) (H1 2024) Earnings Call Highlights: Strong Profit Growth and ...
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Distressed Credit
Expected Growth : 3.5 %
What the company do ?
Distressed Credit from illimity Bank S.p.A. refers to a specialized lending segment focused on providing financing solutions to companies facing financial difficulties.
Why we expect these perspectives ?
The 3.5% growth in Distressed Credit at illimity Bank S.p.A. is driven by increasing demand for non-performing loan (NPL) management, regulatory pressures on banks to clean up balance sheets, and illimity's specialized expertise in credit recovery. Additionally, the Italian banking sector's high NPL ratio and illimity's strong relationships with major banks contribute to this growth.
Segment n°2 -> Growth Credit
Expected Growth : 4.5 %
What the company do ?
Growth Credit from illimity Bank S.p.A. is a financing solution for Italian SMEs, providing access to credit lines for business growth and development.
Why we expect these perspectives ?
The 4.5% growth of Growth Credit from illimity Bank S.p.A. is driven by increasing demand for digital lending solutions, expansion into new markets, and strategic partnerships. Additionally, the bank's focus on SMEs and its innovative credit scoring model contribute to its growth. Furthermore, the Italian government's support for SMEs and the country's economic recovery also play a role in driving growth.
Segment n°3 -> Digital
Expected Growth : 5.0 %
What the company do ?
Digital from illimity Bank S.p.A. is a digital-only banking platform offering innovative financial services and products to individuals and businesses.
Why we expect these perspectives ?
Illimity Bank's Digital segment growth of 5.0% is driven by increasing adoption of online banking, mobile payments, and digital lending platforms. Additionally, investments in digital infrastructure, partnerships with fintech companies, and a growing demand for digital financial services among Italian consumers contribute to this growth.
Segment n°4 -> Investment Banking
Expected Growth : 3.0 %
What the company do ?
Illimity Bank S.p.A.'s Investment Banking division provides advisory services on M&A, equity and debt capital markets, and restructuring to corporate clients.
Why we expect these perspectives ?
Illimity Bank S.p.A.'s 3.0% growth in Investment Banking is driven by increasing demand for M&A advisory services, expansion into new markets, and a strong pipeline of ECM transactions. Additionally, the bank's focus on digital transformation and innovation has improved operational efficiency, enabling it to capitalize on growth opportunities.
Segment n°5 -> B-ilty
Expected Growth : 4.0 %
What the company do ?
B-ilty is a digital invoice financing solution from Illimity Bank S.p.A., allowing businesses to manage and finance their invoices online.
Why we expect these perspectives ?
B-ilty's 4.0 growth driven by increasing demand for digital lending solutions, expansion into new markets, and strategic partnerships. Illimity Bank's strong brand and expertise in credit management also contribute to growth. Additionally, the platform's ability to provide fast and flexible financing options to SMEs, coupled with its advanced risk assessment capabilities, further fuels growth.
Segment n°6 -> Savings Management Company
Expected Growth : 3.8 %
What the company do ?
The Savings Management Company from illimity Bank S.p.A. is a specialized unit that manages savings and investments for individuals and businesses, offering tailored financial solutions.
Why we expect these perspectives ?
Savings Management Company's 3.8% growth is driven by increasing demand for digital wealth management solutions, strategic partnerships with fintech companies, and expansion into underserved markets. Additionally, illimity Bank's strong brand reputation and robust risk management practices have contributed to the company's growth.
Illimity Bank S.P.A. Products
| Product Range | What is it ? |
|---|---|
| Corporate Banking | Illimity Bank S.p.A. offers a range of corporate banking services, including cash management, trade finance, and lending solutions, to support the financial needs of businesses. |
| Factoring | Illimity Bank S.p.A. provides factoring services, allowing businesses to convert their outstanding invoices into immediate cash, improving their liquidity and reducing credit risk. |
| Leasing | Illimity Bank S.p.A. offers leasing solutions for businesses, providing an alternative to traditional financing methods for equipment, vehicles, and other assets. |
| Real Estate Financing | Illimity Bank S.p.A. provides financing solutions for real estate projects, including construction loans, bridge loans, and permanent financing. |
| Digital Banking | Illimity Bank S.p.A. offers digital banking services, allowing individuals and businesses to manage their finances online, including account management, payments, and transfers. |
| Treasury Services | Illimity Bank S.p.A. provides treasury services, including foreign exchange, interest rate hedging, and commodity hedging, to help businesses manage their financial risks. |
illimity Bank S.p.A.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Illimity Bank S.p.A. is medium due to the presence of alternative financial institutions and digital payment systems. However, the bank's strong brand reputation and customer loyalty mitigate this threat.
Bargaining Power Of Customers
The bargaining power of customers is low for Illimity Bank S.p.A. due to the bank's strong market position and limited customer concentration. Customers have limited negotiating power, and the bank has a diversified customer base.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium for Illimity Bank S.p.A. due to the presence of a few large suppliers of technology and services. However, the bank's strong financial position and diversified supplier base mitigate this threat.
Threat Of New Entrants
The threat of new entrants is low for Illimity Bank S.p.A. due to the high barriers to entry in the banking industry, including regulatory requirements and capital requirements. New entrants would face significant challenges in competing with established players like Illimity Bank.
Intensity Of Rivalry
The intensity of rivalry is high for Illimity Bank S.p.A. due to the presence of several established players in the Italian banking industry. The bank faces intense competition in terms of pricing, product offerings, and customer service.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 59.65% |
| Debt Cost | 9.40% |
| Equity Weight | 40.35% |
| Equity Cost | 9.40% |
| WACC | 9.40% |
| Leverage | 147.84% |
illimity Bank S.p.A. : Quality Control
illimity Bank S.p.A. passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CAF.PA | Caisse Régionale de Crédit Agricole Mutuel de Paris et d'Ile-de-France, a cooperative bank, provides various banking and insurance services to its members in France. The company offers saving products; accounts … |
| AKTIA.HE | Aktia Pankki Oyj provides banking and financing solutions to individuals, corporates, and institutions in Finland. It operates through three segments: Banking Business, Asset Management, and Group Functions. The company offers … |
| WKBN.SW | Walliser Kantonalbank provides various banking products and services in Switzerland. It offers Euro and savings plus accounts; mortgages and credits; investment products; provident and insurance products; wealth management services; and … |
| NBS.L | Nationwide Building Society, together with its subsidiaries, provides retail financial services in the United Kingdom. The company offers current, savings, and individual savings accounts; residential mortgages; overdrafts, personal loans, car … |
| BCJ.SW | Banque Cantonale du Jura SA provides various banking products and services to individuals and businesses in Switzerland. It offers various accounts, personal loans, mortgage loans, funding services, and debit and … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Aktia
A-Score
1-Year Total Return ->
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Crédit Agricole
A-Score
1-Year Total Return ->
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Nationwide
A-Score
1-Year Total Return ->
4
illimity Bank
A-Score
1-Year Total Return ->
5
Walliser
A-Score
1-Year Total Return ->
6
