Breakdown | |||||
TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
2.95B | 2.16B | 2.97B | 1.60B | 1.48B | 1.32B | Gross Profit |
2.88B | 2.16B | 2.97B | 1.60B | 1.48B | 1.32B | EBIT |
458.54M | 948.84M | 0.00 | 605.39M | 560.46M | 318.59M | EBITDA |
226.28M | 0.00 | 0.00 | 570.92M | 557.07M | 335.98M | Net Income Common Stockholders |
587.18M | 620.05M | 562.12M | 326.12M | 352.43M | 201.59M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
-5.55B | 4.21B | -14.89B | 3.36B | 8.04B | 7.81B | Total Assets |
65.74B | 67.97B | 68.02B | 65.04B | 67.58B | 56.65B | Total Debt |
10.65B | 0.00 | 10.37B | 5.86B | 3.17B | 2.88B | Net Debt |
5.10B | -4.21B | -6.78B | 2.50B | -4.87B | -4.93B | Total Liabilities |
61.92B | 63.68B | 64.15B | 61.83B | 64.12B | 53.52B | Stockholders Equity |
3.82B | 4.29B | 3.87B | 3.21B | 3.46B | 3.13B |
Cash Flow | Free Cash Flow | ||||
106.79M | -1.91B | 3.07B | 3.23B | -5.02M | -28.47M | Operating Cash Flow |
106.79M | -1.79B | 3.19B | 3.34B | 135.81M | 57.37M | 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 | -15.18M | 2.12M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
67 Neutral | €4.18B | 6.08 | 17.03% | 6.14% | 8.72% | 10.06% | |
64 Neutral | $12.77B | 9.77 | 7.59% | 16985.66% | 12.30% | -7.71% | |
€1.20B | 7.52 | 9.47% | 9.16% | ― | ― | ||
€5.30B | 9.02 | 14.61% | 6.79% | ― | ― | ||
€116.11M | 13.48 | 5.24% | 7.19% | ― | ― | ||
€1.01B | 8.08 | 8.39% | 6.11% | ― | ― | ||
€307.16M | 4.84 | -7.32% | 6.92% | ― | ― |
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. 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.
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.