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An announcement from illimity Bank SpA ( (IT:ILTY) ) is now available.
illimity Bank S.p.A. has announced a preliminary net negative result of approximately 120 million euros for the period ending June 30, 2025. This outcome is primarily due to additional credit adjustments related to non-core activities and revised recovery plans, influenced by the due diligence and integration process with Banca Ifis S.p.A. The bank’s CET1 ratio is expected to be around 13%, and the integration activities with Banca Ifis S.p.A. are underway.
The most recent analyst rating on (IT:ILTY) stock is a Hold with a EUR5.70 price target. To see the full list of analyst forecasts on illimity Bank SpA stock, see the IT:ILTY Stock Forecast page.
More about illimity Bank SpA
illimity Bank S.p.A. operates in the financial services industry, focusing on banking solutions. It is involved in credit management and financial services, with a market focus on innovative banking solutions.
Average Trading Volume: 368,324
Technical Sentiment Signal: Sell
Current Market Cap: €344.9M
See more data about ILTY stock on TipRanks’ Stock Analysis page.