Banca Sistema 1H26 net income drops 69% y/y to €4.5 million

Reuters2026/08/06 11:26

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Banca Sistema posted 1H26 net income of EUR 4.5 million, down 69% y/y, hit by EUR 11.9 million assurance-related provisions.
Total income slipped 3% y/y to EUR 49.4 million, despite net interest income up 42% to EUR 30.1 million.
Factoring turnover climbed 22% y/y to EUR 2.94 billion; outstanding factoring receivables rose to EUR 1.59 billion from EUR 1.39 billion at end-2025.
Gross NPL ratio narrowed to 16.4% from 16.7% at end-2025; gross bad loans fell 34% y/y to EUR 125 million.
CF+’s tender and exchange offer lifted its stake to 85.67%; merger legal effect is expected in early November 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banca Sistema S.p.A. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Banca Sistema 1H26 net income drops 69% y/y to €4.5 million

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