Banca IFIS Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Frederik Geertman

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.1yrs
CEO ownership	n/a
Management average tenure	4.3yrs
Board average tenure	5.1yrs

Recent management updates

Recent updates

What Type Of Shareholders Own The Most Number of Banca IFIS S.p.A. (BIT:IF) Shares?

Mar 10

Reflecting on Banca IFIS' (BIT:IF) Share Price Returns Over The Last Three Years

Feb 12

CEO

Frederik Geertman (52 yo)

3.1yrs

Tenure

Mr. Frederik Herman Geertman serves as Director of Banca IFIS SpA since February 11, 2021 and serves as its Chief Executive Officer since April 22, 2021. Mr. Geertman served as the Chief Commercial Officer...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Frederik Geertman	CEO & Director	3.1yrs	no data	no data
Roberto Ferrari	Chief Financial Officer	less than a year	no data	no data
Fabio Lanza	Co-General Manager & COO	2.8yrs	no data	no data
Andrea Da Rio	Investor Relations & Corporate Development Director	5.4yrs	no data	no data
Lucia Martinoli	Group Legal and Corporate Affairs Director	4.3yrs	no data	no data
Francesco Peluso	Head of Compliance	4.3yrs	no data	no data
Rosalba Benedetto	Group Director of Communications	4.3yrs	no data	no data
Mauro Baracchi	Human Resources Director	2.7yrs	no data	no data
Alberto Staccione	Chief Lending Officer	no data	€540.00k	no data
Raffaele Zingone	Co-General Manager & Chief Commercial Officer	4.3yrs	no data	no data
Saverio Bonavita	Group Capital Markets Director	4.3yrs	no data	no data
Walter Vecchiato	Chief Risk Officer	4.3yrs	no data	no data

4.3yrs

Average Tenure

52yo

Average Age

Experienced Management: IF's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Frederik Geertman	CEO & Director	3.3yrs	no data	no data
Sebastien Von Furstenberg	Honorary Chairman	less than a year	€700.00k	no data
Antonella Malinconico	Independent Non-Executive Director	8.1yrs	no data	no data
Andrea Balelli	Chairman of Board of Statutory Auditors	no data	no data	no data
Simona Arduini	Independent Vice Chair of the Board & Independent Lead Director	5.1yrs	no data	no data
Beatrice Colleoni	Independent Director	5.1yrs	no data	no data
Ernesto Fassio	Chairman	5.1yrs	no data	no data
Monica Billio	Independent Director	5.1yrs	no data	no data
Luca Giudice	Director	5.1yrs	no data	no data
Roberto Diacetti	Independent Director	5.1yrs	no data	no data
Paola Paoloni	Director	no data	no data	no data
Giovanni Meruzzi	Director	no data	no data	no data

5.1yrs

Average Tenure

52.5yo

Average Age

Experienced Board: IF's board of directors are considered experienced (5.1 years average tenure).

Banca IFIS Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

High number of new directors

High number of new directors

Director recently bought €181k worth of stock

Director recently bought €76k worth of stock

Banca IFIS S.p.A. Announces Executive Changes

Recent updates

Banca IFIS (BIT:IF) Has Announced A Dividend Of €0.90

Full year 2023 earnings released: EPS: €3.05 (vs €2.68 in FY 2022)

Now 20% overvalued after recent price rise

Final dividend of €0.90 announced

Full year 2023 earnings released

Banca IFIS S.p.A. to Report Nine Months, 2024 Results on Nov 07, 2024

Banca IFIS S.p.A. (BIT:IF) completed the acquisition of Revalea S.p.A. from Compass Banca S.p.A.

Second quarter 2023 earnings released: EPS: €0.86 (vs €0.72 in 2Q 2022)

Banca IFIS S.p.A. (BIT:IF) agreed to acquire REVALEA S.P.A. from Compass Banca S.p.A. for €100 million.

Banca IFIS S.p.A. (BIT:IF) agreed to acquire REVALEA S.P.A. from Compass Banca S.p.A. for €100 million.

Upcoming dividend of €0.40 per share at 9.7% yield

First quarter 2023 earnings released

Insufficient new directors

Price target increased by 7.4% to €19.93

Price target increased by 8.0% to €19.75

Full year 2022 earnings released: EPS: €2.69 (vs €1.88 in FY 2021)

Banca IFIS S.p.A. to Report Fiscal Year 2022 Results on Feb 09, 2023

Price target decreased to €18.43

Third quarter 2022 earnings released: EPS: €0.63 (vs €0.60 in 3Q 2021)

Small Caps Opportunities Fund II managed by LBO France, Banca IFIS S.p.A. (BIT:IF), Valerio Zanaglio and Alessandra Bresciani acquired Zato Srl.

Price target decreased to €18.92

Second quarter 2022 earnings released: EPS: €0.71 (vs €0.53 in 2Q 2021)

Investor sentiment deteriorated over the past week

High number of new directors

Banca IFIS (BIT:IF) Is Increasing Its Dividend To €0.95

Upcoming dividend of €0.95 per share

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

High number of new directors

Director recently bought €181k worth of stock

Price target increased to €22.50

Full year 2021 earnings: EPS misses analyst expectations

Director recently bought €76k worth of stock

Third quarter 2021 earnings released

Price target increased to €17.66

Second quarter 2021 earnings released: EPS €0.53 (vs €0.19 in 2Q 2020)

Banca IFIS S.p.A. (BIT:IF) acquired An Operative Business Unit from Aigis Banca S.p.A. for €1.

Upcoming dividend of €0.47 per share

Price target increased to €12.64

Price target increased to €11.92

First quarter 2021 earnings released: EPS €0.38 (vs €0.49 in 1Q 2020)

Is Banca IFIS S.p.A.'s (BIT:IF) 4.2% Dividend Worth Your Time?

What Type Of Shareholders Own The Most Number of Banca IFIS S.p.A. (BIT:IF) Shares?

Banca IFIS S.p.A. to Report First Half, 2021 Results on Aug 05, 2021

New 90-day high: €10.67

Full year 2020 earnings released: EPS €1.29 (vs €2.30 in FY 2019)

Banca IFIS S.p.A. to Report Fiscal Year 2020 Results on Feb 11, 2021

Reflecting on Banca IFIS' (BIT:IF) Share Price Returns Over The Last Three Years

New 90-day high: €9.89

Banca IFIS S.p.A. Announces Executive Changes

New 90-day high: €9.14

Banca IFIS Spa's Shares to Be Deleted Fromm Other OTC

Banca IFIS S.p.A. (BIT:IF) acquired EUR 553 million Non Performing Loans Portfolio of Intesa Sanpaolo S.p.A.

Third quarter 2020 earnings released: EPS €0.29

Third quarter 2020 earnings released: EPS €0.29

Banca Ifis Revises Earnings Guidance for the Year 2020

New 90-day low: €7.85

New 90-day low: €8.26

Analysts update estimates

First half earnings released

Banca IFIS S.p.A. (BIT:IF) completed the acquisition of 70.77% stake in Farbanca S.p.A. from Banca Popolare di Vicenza S.p.A.

Banca IFIS S.p.A. (BIT:IF) agreed to acquire 16.32% stake in Cristallina Holding S.P.A. from Centurion Global Fund.

Barclays Bank PLC, Guber Banca SpA and Banca IFIS S.p.A. (BIT:IF) acquired an Italian Small Medium Enterprise Unsecured Non-Performing Loans Portfolio from UniCredit S.p.A. (BIT:UCG).

Banca IFIS S.p.A. to Report Q3, 2020 Results on Oct 05, 2020

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members