|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||1.1370 - 1.1620|
|52-week range||0.7482 - 1.9970|
|Beta (5Y monthly)||1.24|
|PE ratio (TTM)||16.60|
|Forward dividend & yield||0.12 (10.24%)|
|Ex-dividend date||09 Apr 2020|
|1y target est||N/A|
Former IMF boss Rodrigo Rato was acquitted on Tuesday in a fraud trial over the listing of Bankia, when he was its chairman, prompting calls for legal changes from consumer groups. Rato, who resigned from the Spanish bank in May 2012 and has always denied any wrongdoing, is serving a 4-1/2 year sentence after being found guilty of embezzlement in a separate trial over the misuse of Bankia credit cards. Another 33 people and entities charged in the high-profile trial relating to Bankia's ill-fated 2011 listing were also cleared, the sentence from Spain's High Court showed.
Caixabank and state-owned Bankia on Friday announced the details of a merger to create Spain's biggest domestic bank by assets. - Caixabank offered 0.6845 shares for every share in Bankia, valuing the state-controlled lender at 4.3 billion euros. - Caixabank said the all-in share deal represents a premium of 20% versus closing prices on Sept. 3 and a premium of 28% over the last three months.
Caixabank has agreed to buy Bankia for 4.3 billion euros (3.92 billion pounds)in an all-share deal that creates Spain's biggest domestic lender and signals a pick up in mergers among Europe's banks as they battle the fallout from the COVID-19 pandemic. The merger will create the largest domestic bank by assets with a combined market value of more than 16 billion euros ($19 billion), in a deal underpinned by annual cost savings of 770 million euros, the companies said on Friday. Italy's Intesa Sanpaolo is taking over Unione di Banche Italiane, and Spain's Sabadell has also held informal talks about a possible tie-up.