Nov 07, 2024 / 03:00PM GMT
Operator
Good afternoon. This is the course call conference operator. Welcome and thank you for joining the bank. I if it's nine months of 2024 results conference call. (Operator Instructions)
At this time, I would like to turn the conference over to Mr Frederik Geertman, Chief Executive Officer. Please go ahead, sir.
Frederik Geertman - Banca IFIS SpA - Chief Executive Officer, Executive Director
Thank you madam. And good afternoon, everybody. Welcome to our nine month 2024 conference call. And I would as always take you through the presentation and leave some time for questions at the end. And so if that's all right with you, I'd take you straight to page 4 where we give the synthesis of our three quarters results.
The third quarter saw a net income of EUR33 million which is flat year on year nine months, 24 net income is at EUR127 million, which is a progression of 2% year on year revenue is reflecting the typical summer seasonality and the expected I should say increase in cost of funding to mitigate sensitivity to declining interest rates in the
Q3 2024 Banca IFIS SpA Earnings Call Transcript
Nov 07, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers