(ANSA) – ROME, AUGUST 11 – Cassa di Ravenna Spa closes the half year with a gross profit that has risen to € 22 million (+ 47.99%) while the net profit has grown to € 17.5 million (+56 , 48%), “the highest in the last decade”. The bank chaired by Antonio Patuelli announces that the consolidated financial statements of the Cassa Group are also positive with a net profit of 12.8 million euros (+ 13.70%).
The Spa reported, in the first six months, an interest margin of 36.9 million euros (+ 15.49%), net commissions of 25 million euros (-0.24%), an intermediation margin of 76 , 7 million euros (+ 9.65%). Credit risk adjustments and provisions amounted to € 14.9 million (-3.73%). Operating costs, “including mandatory costs for bailout of competing banks and costs for the Covid emergency” amounted to 39.7 million euros (+ 6.85%).
The regulatory capital ratios as at 30 June 2022 “confirm the high capitalization of the Cassa Group: the CET 1 Ratio is equal to 13.26% compared to the 7.85% required by the competent Authorities of the Cassa Group in the review and prudential evaluation process SREP, while the Group’s Total Capital Ratio is 15.02% compared to the 12.05% required “. (HANDLE).
Source: Ansa
I have been working in the news industry for over 10 years now and I have worked for some of the biggest news websites in the world. My focus has always been on entertainment news, but I also cover a range of other topics. I am currently an author at Global happenings and I love writing about all things pop-culture related.
