illimity Bank S.p.A.

ILTY

IT0005359192

Banks

Real-time Borsa Italiana Other stock markets 16:17:41 16/07/2024 BST			5-day change	1st Jan Change
4.678 ^EUR	0.00%		-5.88%	-14.24%

07-04	Funds move on Iveco Group and Saipem.	AN
07-02	Illimity, two new securitization programs activated	AN

Illimity Bank loses SME qualification for exceeding turnover threshold

January 05, 2023 at 03:42 pm

(Alliance News) - illimity Bank Spa announced Thursday that it has lost its Small and Medium Enterprise status due to the growth of its market capitalization above the EUR500 million benchmark for three consecutive years, from 2020 to 2022.

Now, any Rai Way shareholder with a stake of more than 3 percent and less than 5 percent in the company's capital will have to notify Consob.

illimity Bank on Thursday trades in the green by 0.1 percent at EUR7.18 per share.

By Chiara Bruschi, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	RAI WAY S.P.A.	5.01 EUR	-0.20%	+2.98%	1.47B
	ILLIMITY BANK S.P.A.	4.678 EUR	0.00%	-5.88%	424M

Latest news about illimity Bank S.p.A.

Funds move on Iveco Group and Saipem.	07-04	AN
Illimity, two new securitization programs activated	07-02	AN
Illimity Bank concludes 1 million share buyback	06-25	AN
Tranche Update on illimity Bank S.p.A.'s Equity Buyback Plan announced on June 5, 2024.	06-24	CI
Funds move on Saipem and Ariston.	06-24	AN
Illimity Bank S.p.A.'s Equity Buyback announced on June 5, 2024, has closed with 1,000,000 shares, representing 1.19% for ?4.89 million.	06-23	CI
Illimity Bank buys back shares for about EUR2 million	06-17	AN
Millennium International moves on DiaSorin and Hera.	06-14	AN
Illimity has purchased more than 340,000 of its own ordinary shares	06-10	AN
Illimity purchases treasury shares for more than EUR500,000	06-05	AN
Illimity Bank S.p.A. commences an Equity Buyback for 1,000,000 shares, representing 1.19% for ?5.5 million, under the authorization approved on April 24, 2024.	06-04	CI
Marshall Wace raises short on illimity and cuts doValue	05-31	AN
Futures up; wait for various macro data	05-31	AN
Lists in green, focus on US PCE.	05-30	AN
Lists in green; focus on tomorrow's inflation	05-30	AN
Funds move on Banco BPM, DiaSorin and Webuild.	05-30	AN
Illimity on top; Exprivia on bottom	05-30	AN
Illimity Bank initiates new buyback of nearly EUR6 million	05-29	AN
Funds cut short on OVS and raise Webuild	05-24	AN
Funds raise short on DiaSorin, Saipem and De Nora	05-23	AN
Illimity Bank, Fitch confirms all of the bank's ratings	05-14	AN
Transcript : Illimity Bank S.p.A., Q1 2024 Earnings Call, May 10, 2024	05-10
Illimity Bank S.p.A. Reports Earnings Results for the First Quarter Ended March 31, 2024	05-10	CI
Illimity boosts quarterly profit; raises funding	05-10	AN
Marshall Wace makes moves on illimity, Leonardo and doValue	05-08	AN

Chart illimity Bank S.p.A.

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Company Profile

illimity Bank SpA is an Italy-based bank, which operates also under the brand Banca Interprovinciale. The Bank provides products and services through three segments: Small and Medium Enterprises (SME), Corporate Non Performing Loans (NPLs) and Individuals and Families. The SME segment aims at Italian small and medium-sized enterprises characterized by limited access to credit providing factoring and services for both performing and non-performing companies. The Corporate NPLs segment operates by acquiring portfolios or funding the acquisition thereof by other investors, or directly managing the loans. The Individuals and Families segment covers a range of direct banking services, such as current accounts, debit and credit cards and advanced payment systems, deposit account, loans, mortgages and insurance, among others. The Bank is active locally.

Sector

Banks

Calendar

06/08/2024 - Q2 2024 Earnings Release

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Income Statement Evolution

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Ratings for illimity Bank S.p.A.

Trading Rating

Investor Rating

ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

4.678 EUR

Average target price

5.712 EUR

Spread / Average Target

+22.11%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Other Banks

	1st Jan change	Capi.
ILLIMITY BANK S.P.A.	-14.24%	424M
JPMORGAN CHASE & CO.	+24.60%	598B
BANK OF AMERICA CORPORATION	+30.55%	328B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+14.40%	280B
WELLS FARGO & COMPANY	+20.42%	196B
CHINA CONSTRUCTION BANK CORPORATION	+17.63%	183B
BANK OF CHINA LIMITED	+16.78%	179B
HSBC HOLDINGS PLC	+4.36%	157B
ROYAL BANK OF CANADA	+13.07%	157B
COMMONWEALTH BANK OF AUSTRALIA	+18.46%	150B

Other Banks

illimity Bank S.p.A.

Equities

ILTY

IT0005359192

Banks

Illimity Bank loses SME qualification for exceeding turnover threshold

Stocks mentioned in the article

Latest news about illimity Bank S.p.A.

Chart illimity Bank S.p.A.

Company Profile

Income Statement Evolution

Ratings for illimity Bank S.p.A.

Analysts' Consensus

EPS Revisions

Quarterly revenue - Rate of surprise

Sector Other Banks