BFF Bank S.p.A. (BFFBF) Q2 2026 Earnings Call Transcript

Caterina Mora Director of Group Investor Relations, Strategy and M&A Good evening, and good afternoon to those joining us from other time zones. We will start with a presentation by our CEO, Giuseppe Sica; and our new CFO, Luigi Lubelli, followed by Q&A. Let me hand over now to Giuseppe. Giuseppe Sica GM, CEO, CFO & VP of Finance and Administration Department Thank you, Caterina. Let's start on Slide 2 with the key highlights, which reflect our focus on execution and the strategic deleveraging, which will have to continue in coming quarters. This focus on execution and the resilience of the bank has enabled us to grow adjusted net profit by 8% versus first half 2025, even in what remains and will continue to be a challenging environment. Our Payments and Security Services business continued to perform well, as you will see in a moment. In line with our strategic deleveraging, we are managing the Factoring and Lending business in a very disciplined manner. We must start decisively on calendar provision and