Banca IFIS swings sharply after profit downgrade and NPL exit; stock halts then rebounds
Banca IFIS shares endured a volatile session, briefly halted on the Milan exchange for excess downward pressure before returning to trade flat at €21.32. The Venice-based lender lowered its 2026 net profit guidance to €100-€110 million from €170-€190 million after booking €70 million of extra provisions following a supervisory audit, and said it wi…