Stock Analysis
Banca Sistema (BIT:BST) Full Year 2023 Results
Key Financial Results
- Revenue: €98.8m (up 1.4% from FY 2022).
- Net income: €16.5m (down 25% from FY 2022).
- Profit margin: 17% (down from 23% in FY 2022). The decrease in margin was driven by higher expenses.
BST Banking Performance Indicators
- Non-performing loans: 8.91% (down from 10.12% in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Banca Sistema Earnings Insights
Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 1.2% growth forecast for the Banks industry in Italy.
Performance of the Italian Banks industry.
The company's shares are down 4.4% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for Banca Sistema you should know about.
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Find out whether Banca Sistema is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About BIT:BST
Banca Sistema
Banca Sistema S.p.A. provides various business and retail banking products and services in Italy.
Good value with adequate balance sheet.