Income Statement Banca Generali S.p.A.

Stocks

BGN

IT0001031084

Banks

Market Closed - Borsa Italiana Other stock markets 16:45:00 11/06/2026 BST			After hours 17:10:51
58.35 ^EUR	+0.95%		58.45	+0.17%

06-08	Standard Ethics confirms rating for Banca Generali	AN
06-04	European markets in the red ahead of the bell	AN

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Published financial data: BANCA GENERALI S.P.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest Income On Loans	92.22M	159M	434M	483M	451M
Interest Income On Investments	1.08M	1.14M	1.22M	1.31M	5.14M
Interest Income, Total	93.3M	161M	435M	484M	456M
Interest On Deposits	8.88M	22.24M	130M	166M	124M
Interest Expense, Total	8.88M	22.24M	130M	166M	124M
Net Interest Income	84.42M	138M	306M	318M	332M
Income From Trading Activities	-73.43M	3.56M	3.94M	8.15M	20.76M
Gain (Loss) on Sale of Loans	15.67M	42.43M	5.32M	8.96M	7.95M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	2.34M	-26.1M	5.36M	3.11M	-3.5M
Total Other Non Interest Income	691M	492M	483M	658M	664M
Non Interest Income, Total	635M	512M	498M	678M	689M
Revenues Before Provison For Loan Losses	720M	650M	803M	997M	1.02B
Provision For Loan Losses	2.27M	7.92M	692K	-2.03M	19.21M
Total Revenues	718M	643M	802M	999M	1B
Salaries And Other Employee Benefits	105M	112M	120M	129M	159M
Amort. of Goodwill & Intang. Assets	13.7M	14.22M	15.86M	18.07M	23.19M
Occupancy Expense	21.95M	22.45M	23.87M	24.08M	25.5M
Selling General & Admin Expenses, Total	120M	134M	141M	147M	165M
(Income) Loss on Equity Invest.	266K	103K	1.03M	759K	2.41M
Total Other Non Interest Expense	58.22M	31.74M	50.67M	94.72M	84.23M
Non Interest Expense, Total	319M	315M	352M	414M	459M
EBT, Excl. Unusual Items	398M	328M	450M	585M	543M
Restructuring Charges	-2.3M	-823K	-1.5M	-8.8M	-
Total Merger & Related Restructuring Charges	-	-	-	-	-
Insurance Settlements	-	419K	555K	716K	78K
Legal Settlements	-7.1M	-4.94M	-5.43M	-6.66M	-7.48M
Other Unusual Items	3.74M	-	-	-	-
EBT, Incl. Unusual Items	393M	322M	444M	570M	536M
Income Tax Expense	69.64M	109M	118M	139M	89.25M
Earnings From Continuing Operations	323M	213M	326M	431M	447M
Net Income to Company	323M	213M	326M	431M	447M
Minority Interest	-4K	61K	58K	-	-866K
Net Income - (IS)	323M	213M	326M	431M	446M
Net Income to Common Incl Extra Items	323M	213M	326M	431M	446M
Net Income to Common Excl. Extra Items	323M	213M	326M	431M	446M
Per Share Items
Net EPS - Basic	2.81	1.86	2.86	3.78	3.91
Basic EPS - Continuing Operations	2.81	1.86	2.86	3.78	3.91
Basic Weighted Average Shares Outstanding	115M	115M	114M	114M	114M
Net EPS - Diluted	2.81	1.86	2.86	3.78	3.91
Diluted EPS - Continuing Operations	2.81	1.86	2.86	3.78	3.91
Diluted Weighted Average Shares Outstanding	115M	115M	114M	114M	114M
Normalized Basic EPS	2.16	1.79	2.47	3.2	2.97
Normalized Diluted EPS	2.16	1.79	2.47	3.2	2.97
Dividend Per Share	1.95	1.65	2.15	2.8	2.9
Payout Ratio	88.33	98.14	64.54	58.74	72.2
Supplemental Items
Effective Tax Rate - (Ratio)	17.73	33.93	26.53	24.32	16.65
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	89.25M	112M	120M	152M	89.58M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-19.61M	-2.55M	-2.24M	-13.18M	-328K
Normalized Net Income	249M	205M	281M	365M	339M
Non-Cash Pension Expense	7K	20K	125K	107K	95K
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	2.77M	2.89M	4.08M	5.59M	5.89M
Total Stock-Based Compensation	2.77M	2.89M	4.08M	5.59M	5.89M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.62B	774M	619M	1.06B	411M
Investment Securities, Total	3.84B	3.88B	3.51B	4.47B	7B
Trading Asset Securities, Total	35.76M	306M	180M	149M	316M
Total investments	3.87B	4.19B	3.69B	4.62B	7.31B
Gross Loans	9.88B	11.37B	10.25B	10.14B	9.49B
Allowance For Loan Losses	-	-	-	-	-
Net Loans	9.88B	11.37B	10.25B	10.14B	9.49B
Gross Property Plant And Equipment	249M	267M	275M	283M	318M
Accumulated Depreciation	-90.41M	-112M	-133M	-152M	-179M
Net Property Plant And Equipment	159M	155M	141M	131M	139M
Goodwill	88.07M	88.07M	88.07M	88.07M	144M
Other Intangibles, Total	48.1M	52.34M	62.55M	65.89M	81.54M
Accrued Interest Receivable	17.57M	32.67M	20.44M	18.59M	37.06M
Other Receivables	19.59M	28.13M	81.3M	67.57M	119M
Restricted Cash	130M	138M	108M	119M	129M
Other Current Assets, Total	251M	306M	285M	334M	401M
Deferred Tax Assets Long-Term (Collected)	63M	70.77M	70.28M	84.66M	86.94M
Deferred Charges Long-Term	7.98M	8.71M	8.93M	9.7M	10.55M
Other Long-Term Assets, Total	38.14M	52.03M	92.16M	81.18M	90M
Total Assets	16.19B	17.27B	15.52B	16.82B	18.46B
Liabilities
Accounts Payable, Total	26M	23.38M	33.62M	32.37M	36.54M
Accrued Expenses, Total	221M	229M	244M	281M	302M
Interest Bearing Deposits	60.06M	49.8M	375M	268M	118M
Non-Interest Bearing Deposits	13.33B	13B	11.13B	12.76B	13.71B
Total Deposits	13.39B	13.05B	11.51B	13.03B	13.83B
Short-Term Borrowings	191M	2.25B	1.81B	1.34B	1.95B
Current Portion of Leases	19.08M	20.17M	20.82M	20.16M	22.71M
Long-Term Debt	691M	18.55M	25.02M	14.65M	136M
Long-Term Leases	137M	133M	120M	110M	116M
Current Income Taxes Payable	22.23M	38.87M	39.58M	5.84M	214K
Other Current Liabilities - (Bank / Utility Template)	143M	193M	164M	181M	175M
Pension & Other Post Retirement Benefits	7.31M	5.07M	6.25M	6.55M	6.22M
Deferred Tax Liability Non-Current	6.09M	5.71M	6.51M	12.43M	13.61M
Other Non Current Liabilities	234M	224M	324M	328M	292M
Total Liabilities	15.09B	16.2B	14.3B	15.36B	16.87B
Common Stock, Total	117M	117M	117M	117M	117M
Additional Paid In Capital	55.87M	53.77M	52.99M	52.39M	52.46M
Retained Earnings	901M	890M	1.03B	1.21B	1.33B
Treasury Stock	-64.82M	-80.3M	-85.64M	-88.08M	-97.44M
Comprehensive Income and Other	96.24M	87.76M	101M	166M	168M
Total Common Equity	1.11B	1.07B	1.21B	1.46B	1.57B
Minority Interest	313K	442K	338K	-	10.5M
Total Equity	1.11B	1.07B	1.21B	1.46B	1.58B
Total Liabilities And Equity	16.19B	17.27B	15.52B	16.82B	18.46B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	115M	114M	114M	114M	114M
ECS Total Common Shares Outstanding	115M	114M	114M	114M	114M
Book Value / Share	9.21	8.93	10.21	11.94	12.87
Tangible Book Value	969M	928M	1.06B	1.31B	1.35B
Tangible Book Value Per Share	8.02	7.7	8.89	10.58	10.89
Total Debt	1.04B	2.43B	1.98B	1.48B	2.22B
Net Debt	-843M	933M	925M	-154M	930M
Equity Method Investments, Total	2.05M	3.09M	1.98M	2.96M	620K
Full Time Employees	930	973	1.02K	1.06K	1.25K
Part Time Employees	56	49	45	49	59
Number Of Offices	218	219	231	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	323M	213M	326M	431M	446M
Depreciation, Depletion & Amortization	24.62M	25.28M	26.91M	27.27M	29.02M
Amortization of Goodwill and Intangible Assets - (CF)	2.03M	2.05M	2.06M	2.07M	3.74M
Total Depreciation, Depletion & Amortization	26.64M	27.34M	28.97M	29.34M	32.76M
Amortization of Deferred Charges, Total	11.68M	12.17M	13.8M	16M	19.45M
(Gain) Loss on Sale of Investments - (CF)	-3.7M	9.7M	-5.43M	-10.3M	11.29M
Provision for Credit Losses	2.52M	8.33M	528K	-1.84M	19.44M
Change in Trading Asset Securities	176M	1.41B	136M	-499M	-2.1B
Change in Other Net Operating Assets (Collected)	-1.87B	-3.62B	1.35B	-99.01M	251M
Other Operating Activities	-4.44M	-24.43M	-35.23M	-36.48M	-216M
Net Cash From Discontinued Operations	-	-158K	-	-	2.43M
Cash from Operations	-1.34B	-1.97B	1.81B	-170M	-1.53B
Capital Expenditure	-2M	-1.38M	-1.5M	-2.93M	-1.76M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	109M	-	-	-1.42M	-65.66M
Divestitures	-	133K	-	-	-
Purchase / Sale of Intangible Assets	-12.97M	-18.46M	-26.06M	-21.41M	-24.99M
Investment in Marketable and Equity Securities, Total	-597K	-796K	89K	-1.97M	-1.6M
Cash from Investing	93.36M	-20.5M	-27.47M	-27.73M	-94.02M
Issuance of Common Stock	-	-	-	50M	-
Repurchase of Common Stock	-25.98M	-24.38M	-12.25M	-9.94M	-18.67M
Common Dividends Paid	-285M	-209M	-210M	-253M	-322M
Common & Preferred Stock Dividends Paid	-285M	-209M	-210M	-253M	-322M
Net Increase (Decrease) in Deposit Accounts - (CF)	2.51B	1.37B	-1.72B	848M	1.32B
Cash from Financing	2.2B	1.14B	-1.94B	635M	982M
Miscellaneous Cash Flow Adjustments	1K	-	-	1K	-
Net Change in Cash	954M	-846M	-155M	437M	-646M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.2	1.27	1.99	2.67	2.53
Return On Equity %	28.21	19.59	28.58	32.26	29.38
Return on Common Equity	28.22	19.6	28.6	32.27	29.42
Shareholders Value Added	189M	85.18M	192M	278M	268M
Margin Analysis
SG&A Margin	34.42	41.55	35.32	29.99	34.68
Net Interest Income / Total Revenues %	11.76	21.53	38.08	31.88	33.15
EBT Excl. Non-Recurring Items Margin %	55.52	51	56.1	58.53	54.21
Income From Continuing Operations Margin %	45.03	33.15	40.63	43.18	44.57
Net Income Margin %	45.03	33.16	40.64	43.18	44.48
Net Avail. For Common Margin %	45.03	33.16	40.64	43.18	44.48
Normalized Net Income Margin	34.7	31.88	35.07	36.58	33.79
Asset quality
Nonperforming Loans / Total Loans %	0.44	0.46	0.44	0.34	0.35
Nonperforming Loans / Total Assets %	0.27	0.3	0.29	0.2	0.18
Nonperforming Assets / Total Assets %	0.27	0.3	0.29	0.2	0.18
NPAs / Loans and OREO	0.44	0.46	0.44	0.34	0.35
NPAs / Equity	3.97	4.85	3.68	2.35	2.09
Allowance for Credit Losses / Nonperforming Loans %	-	-	-	-	-
Allowance for Credit Losses / Total Loans %	-	-	-	-	-
Provision for Loan Losses / Net Charge-offs %	377.67	6.19K	384.44	-524.55	109.06
Capital And Funding
Total Average Common Equity / Total Average Assets %	7.8	6.5	6.96	8.26	8.59
Total Average Equity / Total Average Assets %	7.8	6.5	6.96	8.27	8.62
Total Equity + Allowance for Loan Losses / Total Loans %	11.2	9.39	11.84	14.39	16.55
Gross Loans / Total Deposits %	73.77	87.1	89.04	77.84	68.66
Net Loans / Total Deposits %	73.77	87.1	89.04	77.84	68.66
Tier 1 Capital Ratio %	17.4	16.7	19	24.4	18.92
Total Capital Ratio %	17.4	16.7	19	24.4	18.92
Core Tier 1 Capital Ratio	16.3	15.6	17.8	22	17.08
Tier 2 Capital Ratio	-	-	-	-	0
Coverage Ratio	-	-	-	-	-
Interbank Ratio	919.96	459.34	959.9	785.04	1.17K
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	45.21	15.5	4.42	4.44	5.34
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	-8.21	63.84	120.96	4.19	4.37
Non Interest Income, 1 Yr. Growth %	17.55	-19.4	-2.85	36.32	1.62
Provision For Loan Losses, 1 Yr. Growth %	190.89	249.43	-91.26	-393.35	-1.05K
Total Revenues, 1 Yr. Growth %	13.59	-10.46	24.89	24.45	0.37
Earnings From Cont. Operations, 1 Yr. Growth %	17.54	-34.09	53.11	32.25	3.59
Net Income, 1 Yr. Growth %	17.53	-34.07	53.09	32.22	3.39
Normalized Net Income, 1 Yr. Growth %	14.59	-18.16	37.38	29.8	-7.28
Diluted EPS Before Extra, 1 Yr. Growth %	18.03	-33.81	53.74	32.22	3.35
Dividend Per Share, 1 Yr. Growth %	-40.91	-15.38	30.3	30.23	3.57
Gross Loans, 1 Yr. Growth %	18.07	15.14	-9.89	-1	-6.4
Net Loans, 1 Yr. Growth %	18.07	15.14	-9.89	-1	-6.4
Non Performing Loans, 1 Yr. Growth %	19.57	18.07	-13.84	-23.1	-3.87
Non Performing Assets, 1 Yr. Growth %	19.57	18.07	-13.84	-23.1	-3.87
Total Assets, 1 Yr. Growth %	22.88	6.64	-10.13	8.41	9.71
Total Deposits, 1 Yr Growth %	26.46	-2.35	-11.85	13.25	6.1
Tangible Book Value, 1 Yr. Growth %	-7.53	-4.3	14.51	22.94	3.04
Common Equity, 1 Yr. Growth %	-6.65	-3.39	13.56	20.36	7.6
Total Equity, 1 Yr. Growth %	-6.64	-3.38	13.55	20.33	8.32
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	4.77	22.63	90.27	51.73	4.28
Non Interest Income, 2 Yr. CAGR %	11.15	-2.66	-11.51	15.08	17.7
Provision For Loan Losses, 2 Yr. CAGR %	-36.34	218.82	-44.74	-49.37	426.85
Total Revenues, 2 Yr. CAGR %	10.69	0.85	5.75	24.67	11.76
Earnings From Cont. Operations, 2 Yr. CAGR %	8.97	-11.98	0.46	42.3	17.04
Net Income, 2 Yr. CAGR %	8.96	-11.97	0.47	42.27	16.92
Normalized Net Income, 2 Yr. CAGR %	10.29	-2.9	6.03	33.54	9.71
Diluted EPS Before Extra, 2 Yr. CAGR %	9.33	-11.61	0.88	42.58	16.93
Dividend Per Share, 2 Yr. CAGR %	-	-29.29	5	30.27	16.14
Gross Loans, 2 Yr. CAGR %	18.66	16.6	1.86	-5.55	-3.74
Net Loans, 2 Yr. CAGR %	18.66	16.6	1.86	-5.55	-3.74
Non Performing Loans, 2 Yr. CAGR %	5.88	18.82	0.86	-18.6	-14.02
Non Performing Assets, 2 Yr. CAGR %	5.88	18.82	0.86	-18.6	-14.02
Total Assets, 2 Yr. CAGR %	17.31	14.47	-2.1	-1.3	9.06
Total Deposits, 2 Yr CAGR %	15.03	11.05	-7.22	-0.09	9.62
Tangible Book Value, 2 Yr. CAGR %	11.23	-5.93	4.68	18.65	12.55
Common Equity, 2 Yr. CAGR %	9.76	-5.03	4.74	16.91	13.8
Total Equity, 2 Yr. CAGR %	9.78	-5.02	4.74	16.89	14.17
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	10.67	21.61	49.22	55.66	33.94
Non Interest Income, 3 Yr. CAGR %	16.03	-0.14	-2.73	2.2	10.41
Provision For Loan Losses, 3 Yr. CAGR %	-20.58	12.3	-3.87	-3.6	34.37
Total Revenues, 3 Yr. CAGR %	15.6	3.14	8.3	11.65	15.98
Earnings From Cont. Operations, 3 Yr. CAGR %	21.5	-7.84	5.86	10.1	28.01
Net Income, 3 Yr. CAGR %	21.5	-7.84	5.86	10.1	27.91
Normalized Net Income, 3 Yr. CAGR %	21.8	0.03	9.01	13.43	18.25
Diluted EPS Before Extra, 3 Yr. CAGR %	21.77	-7.51	6.3	10.4	28.1
Dividend Per Share, 3 Yr. CAGR %	15.98	-	-13.31	12.82	20.68
Gross Loans, 3 Yr. CAGR %	19.23	17.47	7	0.9	-5.83
Net Loans, 3 Yr. CAGR %	19.23	17.47	7	0.9	-5.83
Non Performing Loans, 3 Yr. CAGR %	-3.83	9.8	6.75	-7.86	-13.96
Non Performing Assets, 3 Yr. CAGR %	-3.83	9.8	6.75	-7.86	-13.96
Total Assets, 3 Yr. CAGR %	18.48	13.64	5.6	1.28	2.24
Total Deposits, 3 Yr CAGR %	16.34	8.87	2.82	-0.84	1.94
Tangible Book Value, 3 Yr. CAGR %	14.86	5.79	0.44	10.44	13.2
Common Equity, 3 Yr. CAGR %	14.58	5.19	0.8	9.71	13.72
Total Equity, 3 Yr. CAGR %	14.59	5.2	0.8	9.7	13.96
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	6.85	16.6	37.46	32.86	29.29
Non Interest Income, 5 Yr. CAGR %	13.39	3.77	4.11	5.69	4.98
Provision For Loan Losses, 5 Yr. CAGR %	3.36	34.39	-31.3	-18.34	89.84
Total Revenues, 5 Yr. CAGR %	12.31	5.66	11.55	11.26	9.67
Earnings From Cont. Operations, 5 Yr. CAGR %	15.69	0.85	12.6	9.64	10.2
Net Income, 5 Yr. CAGR %	15.69	0.86	12.61	9.64	10.15
Normalized Net Income, 5 Yr. CAGR %	16.61	6.42	15.35	12.28	9.29
Diluted EPS Before Extra, 5 Yr. CAGR %	16.01	1.22	12.94	9.97	10.43
Dividend Per Share, 5 Yr. CAGR %	12.75	5.71	11.46	-	-2.55
Gross Loans, 5 Yr. CAGR %	37.29	29.7	11.95	7.66	2.57
Net Loans, 5 Yr. CAGR %	37.29	29.7	11.95	7.66	2.57
Non Performing Loans, 5 Yr. CAGR %	-0.23	-9.73	-1.98	-2.59	-2.1
Non Performing Assets, 5 Yr. CAGR %	-0.23	-9.73	-1.98	-2.59	-2.1
Total Assets, 5 Yr. CAGR %	14.14	13.94	9.77	7.41	6.97
Total Deposits, 5 Yr CAGR %	15.08	12.62	6.24	5.19	5.49
Tangible Book Value, 5 Yr. CAGR %	11.8	7.56	10.67	10.76	5.12
Common Equity, 5 Yr. CAGR %	11.33	7.73	10.54	9.73	5.81
Total Equity, 5 Yr. CAGR %	11.33	7.74	10.55	9.73	5.95