Why the Stock Market Beats Banca Ifis
Stock market crash for Banca Ifis. The bank’s shares, owned by the Fürstenberg Fassio family, fell by over 38% following the drastic cut to the 2026 guidance. The market is also weighed down by the sale of the non-performing loans business, new provisions, and uncertainties regarding the Bank of Italy inspection.
Why is Banca Ifis shrinking?
The Fürstenberg Fassio family bank sells to Prelios the platform specialized in non-performing loans and real estate assets. Another piece of the restructuring initiated by Banca Ifis after the takeover bid on illimity, while the NPL market offers narrower margins and absorbs more capital.
