Banca Sistema Reports Full Year 2024 Earnings

Banca Sistema (BIT:BST) Full Year 2024 Results

Key Financial Results

• Revenue: €120.0m (up 21% from FY 2023).
• Net income: €25.2m (up 53% from FY 2023).
• Profit margin: 21% (up from 17% in FY 2023). The increase in margin was driven by higher revenue.

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 4.9% p.a. on average during the next 2 years, compared to a 1.6% growth forecast for the Banks industry in Italy.

Performance of the Italian Banks industry.

The company's shares are up 4.7% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Banca Sistema that you need to take into consideration.

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