Banca Popolare di Sondrio S.p.A (BPSOM.XC)
| Previous close | 7.14 |
| Open | 7.14 |
| Bid | 7.04 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 7.09 - 7.14 |
| 52-week range | 3.68 - 7.14 |
| Volume | |
| Avg. volume | 69 |
| Market cap | 3.206B |
| Beta (5Y monthly) | 1.37 |
| PE ratio (TTM) | 6.31 |
| EPS (TTM) | 1.13 |
| Earnings date | 07 May 2024 |
| Forward dividend & yield | 0.56 (7.84%) |
| Ex-dividend date | 20 May 2024 |
| 1y target est | N/A |
- Reuters
Italy's Unipol lifts Popolare Sondrio stake in bank-insurance push
MILAN (Reuters) -Italian financial group Unipol Gruppo, owner of the country's second-largest insurer, has more than doubled its stake in small lender Popolare di Sondrio (BPSO), in a move that could potentially drive consolidation in the sector. Unipol spent 235.6 million euros ($248 million) to buy 10.2% of Lombardy-based BPSO at a 4% premium versus Wednesday's closing price, or a 10.5% premium over the last month's average. Trading at 0.6 times its estimated tangible equity in 2024-2025, BPSO is some 15% more expensive than its closer peers, said Equita, which handled the purchase with Mediobanca.
- Reuters
Italy's Unipol launches offer to buy 10.2% of Popolare di Sondrio
Italian financial group Unipol has started the process to buy another 10.2% of Popolare di Sondrio, it said on Wednesday, tightening its grip on the regional lender. Unipol said it had hired Equita SIM and Mediobanca to launch a reverse accelerated bookbuilding process and buy Popolare di Sondrio shares at a price no higher than 5.1 euros each. Shares in Popolare di Sondrio ended the session at 4.902 euros, meaning Unipol is offering a 4% premium to that closing price.
