Trade Banca Popolare Di Sondrio SCPA - BPSO CFD

About Banca Popolare di Sondrio ScpA

Banca Popolare di Sondrio ScpA is an Italy-based company active in the banking sector. The Company's activities are the provision of traditional banking and Internet banking services. Its offer encompasses private banking services, including checking and savings accounts, credit cards and online banking; business banking, including business credit cards and online banking, and special services, including investment funds, foreign trade services and tax services. The Company operates through four segments: Businesses, comprising non-financial companies; Individuals and Other Customers, comprises consumer households, finance companies and non-profit organizations; Securities, comprises transactions with customers involving direct trading in, the placement of financial instruments, insurance and pension productions, and portfolio management and Central Functions segment covers the management of portfolio own securities and equity investments, currency transactions on own account.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Banca Popolare di Sondrio ScpA interest income increased 8% to EUR642.1M. Net interest income after loan loss provision increased 12% to EUR388.7M. Net income increased from EUR106.6M to EUR268.6M. Net interest income after loan loss provision reflects increase in interest earning assets and decrease in interest bearing liabilities. Net income benefited from Financial Assets/Liab.

Equity composition

05/2007, Complex capital change (Factor: 1.290502). 06/2014 Complex capital change (Factor: 1.341472)