illimity Bank S.p.A. provides private banking, and investment and trading services in Italy. More Details
No risks detected for ILTY from our risk checks.
Exceptional growth potential with excellent balance sheet.
Share Price & News
How has illimity Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ILTY is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ILTY's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: ILTY exceeded the Italian Banks industry which returned -23.6% over the past year.
Return vs Market: ILTY exceeded the Italian Market which returned -10.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is illimity Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StHow Much Of illimity Bank S.p.A. (BIT:ILTY) Do Institutions Own?
1 year ago | Simply Wall StImagine Owning illimity Bank (BIT:ILTY) And Wondering If The 12% Share Price Slide Is Justified
Is illimity Bank undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ILTY's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ILTY's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ILTY is poor value based on its PE Ratio (22.8x) compared to the IT Banks industry average (10x).
PE vs Market: ILTY is poor value based on its PE Ratio (22.8x) compared to the Italian market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: ILTY is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: ILTY is overvalued based on its PB Ratio (1x) compared to the IT Banks industry average (0.4x).
How is illimity Bank forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ILTY's forecast earnings growth (60.7% per year) is above the savings rate (2%).
Earnings vs Market: ILTY's earnings (60.7% per year) are forecast to grow faster than the Italian market (24.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ILTY's revenue (39% per year) is forecast to grow faster than the Italian market (3.4% per year).
High Growth Revenue: ILTY's revenue (39% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ILTY's Return on Equity is forecast to be high in 3 years time (21.6%)
How has illimity Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ILTY has high quality earnings.
Growing Profit Margin: ILTY became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ILTY's earnings have grown by 10.1% per year over the past 5 years.
Accelerating Growth: ILTY has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ILTY has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (-5.3%).
Return on Equity
High ROE: ILTY's Return on Equity (4.6%) is considered low.
How is illimity Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: ILTY's Assets to Equity ratio (5.9x) is low.
Allowance for Bad Loans: ILTY has a low allowance for bad loans (4%).
Low Risk Liabilities: 76% of ILTY's liabilities are made up of primarily low risk sources of funding.
Loan Level: ILTY has an appropriate level of Loans to Assets ratio (58%).
Low Risk Deposits: ILTY's Loans to Deposits ratio (92%) is appropriate.
Level of Bad Loans: ILTY has an appropriate level of bad loans (2%).
What is illimity Bank current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ILTY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ILTY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ILTY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ILTY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ILTY's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Corrado Passera serves as Chief Executive Officer and Director of illimity Bank SpA (formerly known as Banca Interprovinciale SpA).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
illimity Bank S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: illimity Bank S.p.A.
- Ticker: ILTY
- Exchange: BIT
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: €601.359m
- Shares outstanding: 66.08m
- Website: https://www.illimity.com
Number of Employees
- illimity Bank S.p.A.
- Via Soperga 9
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ILTY||BIT (Borsa Italiana)||Yes||Ordinary Shares||IT||EUR||Mar 2019|
|ILTYM||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Mar 2019|
|0A3J||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Mar 2019|
|53D||DUSE (Dusseldorf Stock Exchange)||Yes||Ordinary Shares||DE||EUR||Mar 2019|
illimity Bank S.p.A. provides private banking, and investment and trading services in Italy. The company operates through Small Medium Enterprises (SME), Distressed Credit Investment & Servicing (DCIS), an...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/24 21:14|
|End of Day Share Price||2020/11/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.