EarningsThe bank's 4Q results exceeded expectations, driven by increased revenues from Factoring and Pawn Broking, leading to a 15% rise above estimates in total revenues.
Financial PerformanceBanca Sistema reported a better revenue performance than expectations, partly by core revenues’ inflection in growth and partly by stronger trading income.
ProfitabilityThe profitability of Banca Sistema is improving, with a strong performance from the Factoring business and a favorable ruling by the ECHR boosting net profit.