Previous close | 8.37 |
Open | 8.37 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 8.37 - 8.37 |
52-week range | 5.20 - 8.37 |
Volume | |
Avg. volume | 6 |
Market cap | 6.495B |
Beta (5Y monthly) | 1.45 |
PE ratio (TTM) | 3.75 |
EPS (TTM) | 2.23 |
Earnings date | N/A |
Forward dividend & yield | 0.26 (3.08%) |
Ex-dividend date | 22 May 2023 |
1y target est | N/A |
BPER Banca's largest investor on Friday put forward former UniCredit executive Gianni Franco Papa as the candidate to take the top job at Italy's fourth-largest lender. BPER shareholders will meet to name a new board on April 19. The bank's top investor, insurer Unipol, is proposing replacing CEO Piero Montani, a turnaround expert that BPER brought in to oversee integration of businesses it bought in recent years.
Mid-sized Italian bank BPER Banca said it had finalised a deal with Gardant, more than a year after it first announced a partnership with the bad loan specialist backed by U.S. investment fund Elliott. BPER and Gardant said in November 2022 they had agreed to set up a new company, which would be 70% owned by Gardant and 30% by BPER, to manage the bank's impaired loans. BPER had selected Gardant as preferred bidder in August 2022.
MILAN (Reuters) -Italy's BPER Banca and its main shareholder on Friday denied any interest in a merger with Banca Monte dei Paschi (MPS), joining peers that have distanced themselves from the state-owned bank, which is seeking a partner. Rome owns 64% of Monte dei Paschi (MPS) following a 2017 bailout. Comments by top executives at BPER and its main shareholder, insurer UnipolSAI, come after Banco BPM, another mid-sized bank like BPER and MPS, repeatedly denied any interest.