Banca Ifis Reports Nine-Month 2026 Financial Results

Banca Ifis announced a net loss of 67 million euros for the first nine months of 2026. This result was primarily impacted by extraordinary negative components, including approximately 72 million euros attributed to the application of IFRS 5 accounting standards to its non-performing loan (NPL) business. Despite this, the bank reported a 23% increase in new disbursements to SMEs and private individuals since the beginning of the year, with commercial business revenues remaining stable. Management confirmed the company's 2026 guidance. The financial performance also reflects the effects of recent inspections by the Bank of Italy.