Banca Ifis (FRA:0I6)
€ 19.71 -0.16 (-0.81%) Market Cap: 1.04 Bil Enterprise Value: 3.47 Bil PE Ratio: 6.41 PB Ratio: 0.59 GF Score: 65/100
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Q2 2021 Banca IFIS SpA Earnings Call Transcript

Aug 05, 2021 / 02:00PM GMT
Release Date Price: €13.86 (+1.76%)
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Banca IFIS First Half 2021 Results Conference Call. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Frederik Geertman, CEO. Please go ahead, sir.

Frederik Herman Geertman
Banca IFIS S.p.A. - CEO & Director

Thank you very much, and good afternoon to everybody. Thank you for being in the call, considering it's August 5, and there are many conference calls for the results these days, thank you twice. We hope to make it worth your time. We're presenting Q2 numbers that we think confirm and strengthen what we saw in Q1. We think they are constructive numbers, and they're encouraging.

We have a net income of EUR 28 million plus EUR 8 million versus Q1 on Page 4, which makes EUR 48 million total in the first half of '21. Net revenues of EUR 155 million, which is a peak in the last 5 quarters. Obviously, 2020 was a bit depressed for obvious reasons. But even going back to 2019, that's a nice number. If we

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