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doValue S.p.A. (0RTI.IL)

IOB - IOB Delayed price. Currency in EUR
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2.09500.0000 (0.00%)
As of 04:29PM GMT. Market open.
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Previous close2.0950
Open0.0000
Bid2.0500 x 0
Ask2.1550 x 0
Day's range0.0000 - 0.0000
52-week range
Volume2,584
Avg. volume9,430
Market cap173.485M
Beta (5Y monthly)1.81
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield0.60 (16.99%)
Ex-dividend date09 May 2023
1y target estN/A
  • Reuters

    Elliott and SoftBank set to merge Italian bad loan businesses

    MILAN (Reuters) -U.S. fund Elliott Management and Japan's SoftBank Group are set to merge their Italian bad loan businesses in a cash-and-shares deal, SoftBank-backed doValue said on Thursday, as the industry consolidates to weather tough times. Impaired loans at European banks have held at very low levels thanks to government support measures that cushioned the shocks from the pandemic and energy crisis. The non-binding accord to combine Elliott's Italian bad loan manager Gardant with doValue would hand the U.S. fund 20% of the combined business, doValue said.

  • Reuters

    DoValue plans to diversify beyond non-performing loans after 19 million euro net loss

    MILAN (Reuters) -Italian debt recovery company doValue plans to diversify its sources of revenue beyond non-performing loans(NPL), its CEO said on Friday, after it reported a 19 million euro ($20.57 million) net loss for 2023. Healthier bank balance sheets mean levels of impaired loans remained low, it said, reporting a 10% drop in collections ahead of the presentation of a new business plan on March 21. "Diversification strategy is key to our resilience and long term profitability", CEO Manuela Franchi said on a conference call with analysts.

  • Reuters

    Shares in doValue plunge 17% after Spain writedowns

    Shares in doValue plunged on Monday after Italy's biggest bad loan manager said it had booked non-cash charges on its Spanish operations, swinging to a nine-month loss. The company said late on Friday its net loss in the first nine months was 25.7 million euros ($28 million) due to impairments it booked on some intangible assets in Spain. With Italy's non-performing loan sector under pressure due to rising costs and in the absence of significant new flows of bad loans, speculation has mounted about possible consolidation.