|Bid||2.7920 x 0|
|Ask||2.9340 x 0|
|Day's range||2.8660 - 2.8960|
|52-week range||2.8660 - 4.8720|
|Beta (5Y monthly)||1.67|
|PE ratio (TTM)||6.36|
|Forward dividend & yield||0.28 (9.16%)|
|Ex-dividend date||23 May 2022|
|1y target est||N/A|
Monte dei Paschi would welcome an investment by its partners Anima Holding and AXA into an upcoming new share issue, but that would be separate from possible changes to their commercial accords, CEO Luigi Lovaglio said on Thursday. "We look with interest at all options relating to the entry of institutional investors, including all of our partners, to give stability to our shareholder base," Lovaglio told a general meeting. "(An investment by AXA and Anima) can only happen on the terms envisaged for other investors.
Shares in MPS gained 19% on Monday and its subordinated debt rose after sources said state-owned bank's commercial partner Anima Holding was willing to play a role in the capital raising. MPS' junior debt had come under pressure in recent weeks due to concerns it may be converted into equity to help the Tuscan bank raise money to cover restructuring costs. MPS CEO Luigi Lovaglio is working to complete the new share issue by the middle of November to finance costly voluntary layoffs, but turbulent markets raise doubts on whether he can see it through.