(Alliance News) - Banca Sistema on Monday announced that it has approved its three-year strategic plan through 2026. Among the targets, expected net interest and other banking income CAGR 23-26 up 12.9 percent. As for cost/income ratios, the estimate is for 61% in 2023 to rise to 57% in 2026.

Net income CAGR 23-26 is estimated to rise 27%, with Rote at 15% in 2026 and cumulative dividends 2024-2026 of EUR18 million.

On capital buffers, a CET1 ratio and total capital ratio range between 14.8% and 15.8% and between 18.0% and 19.0% respectively is forecast.

Banca Sistema on Monday trades in the red by 3.4 percent at EUR1.61 per share

By Maurizio Carta, Alliance News reporter

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