Banca Monte dei Paschi di Siena S.p.A. (BMPS.MI)
| Previous close | 4.0240 |
| Open | 3.9530 |
| Bid | 3.9910 x 0 |
| Ask | 3.9940 x 0 |
| Day's range | 3.9370 - 4.0260 |
| 52-week range | 1.9775 - 4.4000 |
| Volume | |
| Avg. volume | 27,783,268 |
| Market cap | 5.029B |
| Beta (5Y monthly) | 1.08 |
| PE ratio (TTM) | 2.45 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.25 (6.21%) |
| Ex-dividend date | 20 May 2024 |
| 1y target est | N/A |
- Reuters
Italy confident of finding partners for Monte dei Paschi in 2024
Italy trusts it will be able to strike alliances for bailed-out bank Monte dei Paschi di Siena (MPS) this year, the economy minister said on Tuesday. After rescuing MPS in 2017 and gaining an initial 68% stake, Rome has cut it in recent months to just below 27% through two successive market placements. "The government is confident 2024 will be a good year to find strategic partners for Monte dei Paschi," Minister Giancarlo Giorgetti told a press conference.
- Reuters
Monte Paschi to pay first dividend in 13 years as profit soars
MILAN (Reuters) -State-owned Italian bank Monte dei Paschi di Siena (MPS) on Wednesday said it would pay its first dividend in over a decade after posting in the fourth quarter alone the profit analysts had expected for the full year. Like bigger peers Intesa Sanpaolo and UniCredit, Monte dei Paschi (MPS) has seen its profits turbocharged by higher interest rates. However, the bank is also reaping the benefits of favourable rulings in a number of court cases against former management, while its restructuring under Chief Executive Luigi Lovaglio progresses.
- Reuters
Former Monte Paschi executives acquitted over derivatives case
MILAN (Reuters) -An Italian appeals court on Monday acquitted three former top executives of Banca Monte dei Paschi di Siena in one strand of a long-running derivatives case, boosting the earnings prospects of the state-owned lender. The court ruling, which overturns an earlier conviction, reduces the legal risks facing bailed-out Monte dei Paschi (MPS), in which the state still has a 39% holding after selling a 25% stake last month for 920 million euros ($989 million). The Italian state must eventually exit MPS's capital in full in order to comply with European Union rules on state aid.
