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Banca Monte dei Paschi di Siena S.p.A. (0RK6.IL)

IOB - IOB Delayed price. Currency in EUR
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2.3800+0.0050 (+0.21%)
At close: 04:29PM GMT
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Previous close2.3750
Open2.4045
Bid2.3300 x 0
Ask2.4300 x 0
Day's range2.3300 - 2.4045
52-week range1.2027 - 108.3500
Volume442,967
Avg. volume239,273
Market cap2.998B
Beta (5Y monthly)1.17
PE ratio (TTM)0.87
EPS (TTM)2.7500
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend date23 May 2011
1y target estN/A
  • Reuters

    UniCredit CEO says 'we'll see' when asked about Monte dei Paschi -CNBC

    MILAN (Reuters) -UniCredit Chief Executive Andrea Orcel on Wednesday did not rule out the Italian bank reassessing a potential acquisition of Monte dei Paschi di Siena in the future, after talks collapsed in 2021. Monte dei Paschi is 64% owned by the Italian state, which needs to eventually cut its stake to meet re-privatisation commitments given to the European Union at the time of the bailout. Monte dei Paschi raised 2.5 billion euros in capital in December, despite rocky markets, to finance thousands of voluntary staff exits and cut costs.

  • Reuters

    Italy says goal in exiting MPS is having several big banks

    MILAN (Reuters) -Italy will work to exit the capital of bailed-out lender Monte dei Paschi di Siena with a view to having several large banking groups in the country, Prime Minister Giorgia Meloni said on Thursday. Monte dei Paschi (MPS), of which the government owns 64% following a 2017 bailout, is seen playing a pivotal role in the consolidation expected among Italy's mid-sized lenders. After failing last year to clinch a sale of MPS to UniCredit, the government is expected to seek another merger to cut its stake.

  • Reuters

    ECB sets capital requirements for Monte dei Paschi for 2023, removes dividend ban

    The European Central Bank has set the minimum capital requirements for Banca Monte dei Paschi di Siena (MPS) for next year and also removed a ban on the distribution of dividends, the lender said in a statement on Tuesday. The ECB told Monte dei Paschi it must maintain a Common Equity Tier 1 ratio - a measure of financial strength - of at least 8.8%, the statement added. After a failed re-privatisation attempt last year, Monte dei Paschi is working to improve its appeal for a potential buyer under new CEO Luigi Lovaglio so as to allow the state to cut its 64% stake in a merger deal with a stronger rival.