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Banco Bpm SpA (BAMI.MI)

BAMI.MI on Milan Stock Exchange

1.68EUR
16 Aug 2019
Change (% chg)

€0.07 (+4.04%)
Prev Close
€1.62
Open
€1.63
Day's High
€1.69
Day's Low
€1.61
Volume
33,725,444
Avg. Vol
24,600,480
52-wk High
€2.36
52-wk Low
€1.52

Latest Key Developments (Source: Significant Developments)

Banco Bpm CEO: Can Do Better Than FY EPS Guidance of 0.3 Eur/Share
Tuesday, 6 Aug 2019 

Aug 6 (Reuters) - Banco Bpm SpA Chief Executive Giuseppe Castagna tells analysts on a post-results conference call::BANK HAS SIGNIFICANT ROOM TO FURTHER INCREASE CET1 RATIO BY SELLING NON-STRATEGIC FINANCIAL STAKES.BANK CAN DO BETTER THAN EPS GUIDANCE FOR FULL YEAR OF 0.3 EUROS PER SHARE.SAYS CAN START THINKING ABOUT RESUMING PAYING A DIVIDEND, WILL GIVE MORE GUIDANCE BY THE END OF THE YEAR.SAYS SLIGHT REDUCTION IN NII EXPECTED IN COMING QUARTERS BUT FULL YEAR WILL BE IN LINE WITH GUIDANCE.  Full Article

Banco BPM Places 500-mln-euro Unsecured Bond
Friday, 14 Jun 2019 

June 17 (Reuters) - Banco BPM : :SAID ON FRIDAY IT HAD PLACED SENIOR PREFERRED UNSECURED BOND DUE IN FIVE YEARS OF EUR 500 MLN.BOND PAYS FIXED RATE COUPON OF 2.50%.BOND'S ISSUE PRICE WAS 99.384%.  Full Article

Banco BPM Q1 Net Profit At EUR 150 Mln
Wednesday, 8 May 2019 

May 8 (Reuters) - Banco Bpm SpA ::Q1 NET PROFIT EUR 150 MILLION.Q1 NET COMMISSIONS EUR 420.0 MILLION.SAYS SIGNS DEAL TO SELL LEASING BAD LOANS WITH NOMINAL VALUE OF 650 MILLION EUROS.Q1 NET INTEREST INCOME EUR 505.2 MILLION."IFRS9 PHASED IN" PRO-FORMA CET 1 RATIO AT END-MARCH AT 13.7%.SAYS BAD-LOAN DEAL BRINGS GROSS NPE RATIO TO 9.9 PERCENT.IMPAIRED LOANS' COVERAGE RATIO 43.6 PERCENT AT END-MARCH VERSUS 43.1 PERCENT AT END-DEC.Q1 LOAN WRITEDOWNS EUR 152.0 MILLION.GROSS IMPAIRED LOANS EUR 6.6 BILLION AT END-MARCH DOWN 2.0 PERCENT Q/Q.TO APPROVE NEW STRATEGIC PLAN BY YEAR-END."IFRS9 FULLY PHASED" PRO-FORMA CET1 RATIO AT END-MARCH AT 11.8%.  Full Article

Illimity Bank Says Reached An Agreement With Banco Bpm For Purchase Of An NPL Leasing Portfolio With Gross Book Value Of About Euro 650 Mln
Tuesday, 16 Apr 2019 

April 16 (Reuters) - Banco Bpm SpA ::ILLIMITY BANK SAYS REACHED AN AGREEMENT WITH BANCO BPM FOR PURCHASE OF AN NPL LEASING PORTFOLIO WITH GROSS BOOK VALUE OF ABOUT EURO 650 MILLION.ILLIMITY BANK - FOLLOWING CLOSING OF TRANSACTION, TOTAL VALUE OF NPL PORTFOLIOS HELD BY ILLIMITY WOULD REACH ABOUT EURO 1.9 BILLION GBV.  Full Article

Banco Bpm: 67% Of Total Buyers Of AT1 Bond Were Non-Italian
Friday, 12 Apr 2019 

April 12 (Reuters) - Banco Bpm SpA ::LAUNCHED ISSUE OF EURO 300 MILLION OF ADDITIONAL TIER 1.SAYS BUYERS OF AT1 BOND WERE 88 PERCENT ASSET MANAGERS, 67 PERCENT OF TOTAL WERE NON-ITALIAN, MAINLY UK.NON-CUMULATIVE SEMI-ANNUAL COUPON SET AT 8.75 PERCENT.  Full Article

Capital Research held 5.198 pct of Banco BPM as of March 5 - filing
Monday, 11 Mar 2019 

March 11 (Reuters) - Banco Bpm SpA ::CAPITAL RESEARCH AND MANAGEMENT HELD 5.198 PERCENT OF BANCO BPM AS OF MARCH 5 - FILING.  Full Article

Banco BPM Says Director General Maurizio Faroni And 2 Other Managers Suspended From Service
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Banco Bpm SpA ::BANCO BPM SAYS DIRECTOR GENERAL MAURIZIO FARONI AND 2 OTHER MANAGERS SUSPENDED FROM SERVICE FOLLOWING JUDICIAL INQUIRY INTO DIAMONDS SALES TO CUSTOMERS.BANCO BPM SAYS BOARD'S DECISION IS PURELY PRECAUTIONARY AND BANK HAS CONFIDENCE IN PROSECUTORS' ACTIONS.  Full Article

Banco BPM aims to pay dividend despite worse-than-expected economic conditions-CEO
Monday, 18 Feb 2019 

Feb 18 (Reuters) - Banco BPM Giuseppe Castagna says::BANK AIMS TO PAY A DIVIDEND OVER 2019 RESULTS DESPITE WORSE-THAN-EXPECTED ECONOMIC CONDITIONS.  Full Article

Banco BPM is not looking at tie-up with Carige at the moment - CEO
Friday, 1 Feb 2019 

Feb 1 (Reuters) - Banco BPM Chief Executive Giuseppe Castagna says::LENDER IS NOT LOOKING AT A TIE-UP WITH CARIGE AT THE MOMENT, TOO FEW SYNERGIES, HAS OTHER PRIORITIES.  Full Article

Banco BPM Sees No Impact From ECB Guidelines On Derisking
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - Banco Bpm SpA ::SAYS IT SURPASSES ECB GUIDELINES CONCERNING DERISKING AND SEES NO IMPACT FROM THEM.  Full Article

Political turmoil sinks Italian banking shares

MILAN, Aug 9 Italian banking shares fell heavily on Friday, hit by political uncertainty after the ruling League party filed a no-confidence motion to bring down the government.