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Credito Emiliano SPA Credem (IT:CE)
:CE

Credito Emiliano SPA Credem (CE) AI Stock Analysis

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Credito Emiliano SPA Credem

(LSE:CE)

Rating:67Neutral
Price Target:
Credito Emiliano SPA Credem's overall stock score is primarily influenced by its solid valuation, characterized by a low P/E ratio and high dividend yield, making it attractive for value and income investors. However, mixed financial performance, marked by revenue and cash flow declines, poses challenges. Technical indicators suggest cautious optimism with long-term strength but short-term weakness.

Credito Emiliano SPA Credem (CE) vs. iShares MSCI Italy ETF (EWI)

Credito Emiliano SPA Credem Business Overview & Revenue Model

Company DescriptionCredito Emiliano S.p.A., together with its subsidiaries, provides various banking services to retail and corporate customers primarily in Italy. It operates through Commercial Banking, Asset Management, Bancassurance, Trading, ALM Treasury, and Corporate Centre and Other segments. The company's deposit products include current and savings accounts, time deposits, certificates of deposit, bonds, and subordinated debts; and loan portfolio comprises mortgages, credit cards, personal loans, and salary-backed loans. It also offers wealth management services, including management of mutual investment funds, SICAV, portfolio management, and private equity and hedge funds; and asset management, bancassurance, fiduciary, remote banking, savings management, brokerage, financial leasing, factoring, insurance, and ALM treasury services. In addition, the company provides cheese warehousing, real estate management, and trading services, as well as develops software. As of December 31, 2021, it operated through 625 branches, business centers, and financial outlets in 20 regions. The company was founded in 1910 and is headquartered in Reggio Emilia, Italy. Credito Emiliano S.p.A. is a subsidiary of Credito Emiliano Holding S.p.A.
How the Company Makes MoneyCredito Emiliano S.p.A. generates revenue through various financial services and products. The primary revenue stream comes from interest income, derived from loans and mortgages offered to individuals and businesses. Additionally, the bank earns fees and commissions from asset management, insurance products, and financial advisory services. Credem also benefits from trading and investment activities within its treasury operations. The company leverages strategic partnerships and alliances to enhance its product offerings and reach, contributing to its overall financial performance. Moreover, Credem's emphasis on digital transformation and customer-centric solutions helps attract and retain clients, thereby supporting its revenue growth.

Credito Emiliano SPA Credem Financial Statement Overview

Summary
Credito Emiliano SPA Credem demonstrates a mixed financial health profile. Stability is observed in equity and net profit margins, but recent declines in revenue and cash flow pose short-term challenges. The company exhibits a strong balance sheet with no debt reported in 2024, enhancing its resilience against economic fluctuations. Continuous monitoring of cash flow and revenue stability will be critical for future growth.
Income Statement
65
Positive
Credito Emiliano SPA Credem has shown a volatile revenue trajectory with a significant drop in total revenue from 2023 to 2024. Gross profit margins are consistent as gross profit equals total revenue, but the absence of EBIT and EBITDA data for 2023 and 2024 limits a comprehensive profitability analysis. The net profit margin is relatively healthy, showing stability.
Balance Sheet
70
Positive
The company maintains a robust equity position with an increasing stockholders' equity, and the absence of reported debt in 2024 indicates strong financial stability. The equity ratio remains favorable, suggesting a sound use of equity financing. However, historical fluctuations in total assets and liabilities warrant monitoring.
Cash Flow
60
Neutral
Operating cash flows have been negative in 2024, a concerning shift from previous years' positive cash flows, indicating potential liquidity issues. Free cash flow also saw a significant negative turn, which may impact future capital investment capabilities. Despite this, past trends showed strong operating cash flow to net income ratios, reflecting past operational efficiency.
Breakdown
TTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
2.95B2.16B2.97B1.60B1.48B1.32B
Gross Profit
2.88B2.16B2.97B1.60B1.48B1.32B
EBIT
458.54M948.84M0.00605.39M560.46M318.59M
EBITDA
226.28M0.000.00570.92M557.07M335.98M
Net Income Common Stockholders
587.18M620.05M562.12M326.12M352.43M201.59M
Balance SheetCash, Cash Equivalents and Short-Term Investments
-5.55B4.21B-14.89B3.36B8.04B7.81B
Total Assets
65.74B67.97B68.02B65.04B67.58B56.65B
Total Debt
10.65B0.0010.37B5.86B3.17B2.88B
Net Debt
5.10B-4.21B-6.78B2.50B-4.87B-4.93B
Total Liabilities
61.92B63.68B64.15B61.83B64.12B53.52B
Stockholders Equity
3.82B4.29B3.87B3.21B3.46B3.13B
Cash FlowFree Cash Flow
106.79M-1.91B3.07B3.23B-5.02M-28.47M
Operating Cash Flow
106.79M-1.79B3.19B3.34B135.81M57.37M
Investing Cash Flow
0.00-106.97M-110.05M-101.39M-126.43M-69.53M
Financing Cash Flow
0.00-218.56M-108.84M-108.34M-15.18M2.12M

Credito Emiliano SPA Credem Technical Analysis

Technical Analysis Sentiment
Positive
Last Price12.44
Price Trends
50DMA
11.56
Positive
100DMA
11.46
Positive
200DMA
10.56
Positive
Market Momentum
MACD
0.20
Positive
RSI
63.04
Neutral
STOCH
67.61
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:CE, the sentiment is Positive. The current price of 12.44 is above the 20-day moving average (MA) of 12.12, above the 50-day MA of 11.56, and above the 200-day MA of 10.56, indicating a bullish trend. The MACD of 0.20 indicates Positive momentum. The RSI at 63.04 is Neutral, neither overbought nor oversold. The STOCH value of 67.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:CE.

Credito Emiliano SPA Credem Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
ITCE
67
Neutral
€4.18B6.0817.03%6.14%8.72%10.06%
64
Neutral
$12.77B9.777.59%16985.66%12.30%-7.71%
€1.20B7.529.47%9.16%
€5.30B9.0214.61%6.79%
€116.11M13.485.24%7.19%
€1.01B8.088.39%6.11%
DE53D
€307.16M4.84-7.32%6.92%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IT:CE
Credito Emiliano SPA Credem
12.44
3.73
42.76%
GB:0NBX
Banca Ifis SPA
23.14
4.97
27.35%
GB:0NWJ
Banca Popolare di Sondrio S.C.p.A.
12.13
5.64
86.90%
GB:0FP9
Banca Profilo SPA
0.18
-0.01
-5.26%
GB:0O5V
Banco di Desio e Della Brianza SPA
7.48
2.53
51.11%
DE:53D
illimity Bank SpA
3.61
-1.21
-25.10%

Credito Emiliano SPA Credem Corporate Events

Credem Reports Strong 2024 Financial Performance with Increased Profit and Dividend
Apr 30, 2025

Credem’s shareholders approved the 2024 financial statements, showcasing a 10.3% year-over-year increase in net profit to 620.1 million euros and a dividend rise to 0.75 euros per share. The bank’s solid performance is attributed to its strategic focus on diversification and sustainable growth, with customer deposits and loans increasing significantly. Credem’s asset quality remains high, with a low Gross NPL Ratio and strong capital ratios, positioning it as a leading institution in Europe. The bank’s continued growth and strategic initiatives underscore its resilience amid macroeconomic and geopolitical uncertainties, benefiting stakeholders and ensuring long-term value creation.

Credito Emiliano S.p.A. Announces Shareholders’ Meeting Agenda for 2025
Mar 20, 2025

Credito Emiliano S.p.A. has announced its Ordinary Shareholders’ Meeting scheduled for April 30, 2025, where shareholders will participate exclusively through a designated representative. The meeting will address several key agenda items, including the approval of financial statements, determination of director and auditor remuneration, and the appointment of the Board of Statutory Auditors. Additionally, the meeting will discuss the integration of audit fees, the extension of the sustainability report audit mandate, and the approval of remuneration policies. The company also plans to authorize the purchase of own shares and propose an increase in the variable-to-fixed remuneration ratio for certain employees. The outcomes of this meeting could significantly impact Credem’s operational strategies and stakeholder relationships.

Credito Emiliano Administrator Sells Ordinary Shares on Italian Market
Feb 14, 2025

The announcement highlights a transaction involving the sale of ordinary shares by Giorgia Fontanesi, an administrator at Credito Emiliano. This transaction took place on the Italian electronic share market and may reflect strategic financial adjustments within the company, potentially impacting Credem’s market positioning and stakeholder interests.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.