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Banca Farmafactoring SpA (BFF.MI)

BFF.MI on Milan Stock Exchange

4.86EUR
4:35pm BST
Change (% chg)

€-0.02 (-0.41%)
Prev Close
€4.88
Open
€4.88
Day's High
€4.90
Day's Low
€4.84
Volume
164,491
Avg. Vol
485,883
52-wk High
€5.73
52-wk Low
€4.27

Latest Key Developments (Source: Significant Developments)

BFF Banking Group Approves New 2023 Strategic Plan And 2021 Financial Targets
Wednesday, 29 May 2019 

May 29 (Reuters) - BFF Banking Group (Banca Farmafactoring SpA) ::APPROVES NEW 2023 STRATEGIC PLAN AND 2021 FINANCIAL TARGETS.UNDER FIVE-YEAR STRATEGIC PLAN ("BFF 2023") EXPECTS TO CONTINUE TO DEVELOP CURRENT CORE BUSINESS AND IMPROVE OPERATING EFFICIENCY.SEES VOLUME AND LOANS GROWTH >10% PER ANNUM UNDER THREE-YEAR FINANCIAL PLAN ("2021 FINANCIAL TARGET").UNDER "2021 FINANCIAL TARGET" PLAN SEES ADJUSTED NET PROFIT GROWTH C. 10% PER ANNUM ON AVERAGE.2021 FINANCIAL TARGETS ENVISAGE RETURN ON AVERAGE TANGIBLE EQUITY (RoTE) >30%.2021 FINANCIAL TARGETS ENVISAGE TOTAL CAPITAL RATIO TARGET OF 15% AND GROWING CET1 RATIO; WITH LOW CREDIT RISK PROFILE AND HIGH OPERATIONAL EFFICIENCY.UNDER 2023 STRATEGY PLANS TO CONSOLIDATE EXISTING BUSINESS AND/OR EXPAND INTO OTHER UNDERSERVED MARKETS VIA M&A.  Full Article

Bff Banking Group Q1 Net Profit Up At EUR 21.4 Mln
Friday, 10 May 2019 

May 10 (Reuters) - Banca Farmafactoring SpA ::Q1 OPERATING INCOME EUR 45.7 MILLION VERSUS EUR 44.7 MILLION YEAR AGO.Q1 NET PROFIT EUR 21.4 MILLION VERSUS EUR 19.8 MILLION YEAR AGO.SAYS CET1 RATIO AT 11.1% AT END-MARCH.SAYS CLOSING OF IOS FINANCE ACQUISITION EXPECTED BY Q3 2019.  Full Article

Banca Farmafactoring Bookrunner Says Placement Of Up To 22 Mln Shares
Thursday, 28 Mar 2019 

March 28 (Reuters) - Banca Farmafactoring SpA ::BLOCK TRADE- BANCA FARMAFACTORING: BOOKRUNNER SAYS PLACEMENT OF UP TO 22,000,000 ORDINARY SHARES IN BANCA FARMAFACTORING S.P.A..BLOCK TRADE- BANCA FARMAFACTORING: BOOKRUNNER SAYS PLACEMENT BY BFF LUXEMBOURG.  Full Article

Bff Banking Group FY Adjusted Net Income EUR 91.8 Mln, Up 10% Yr/Yr
Friday, 8 Feb 2019 

Feb 8 (Reuters) - Banca Farmafactoring SpA ::ADJUSTED NET INCOME OF EUR 91.8 MLN IN FY18 (+10% Y/Y).SAYS PROPOSES DIVIDEND PER SHARE OF €0.539.  Full Article

BFF Lux Completes Placement Of 10.1 Pct Stake In Banca Farmafactoring At EUR 5.75/Shr
Wednesday, 21 Feb 2018 

Feb 21 (Reuters) - BFF BANKING GROUP ::BFF LUX ANNOUNCES COMPLETION OF ACCELERATED BOOKBUILDING OFFERING OF ORDINARY SHARES OF BANCA FARMAFACTORING.BFF LUX HAS INCREASED NUMBER OF ORDINARY SHARES IN BFF TO BE SOLD IN THE PLACEMENT.BFF LUX ANNOUNCES PLACEMENT OF 17,250,000 ORDINARY SHARES IN BFF.PLACEMENT IS EQUAL TO ABOUT 10.1% OF COMPANY'S ISSUED SHARE CAPITAL AS OF FEB 21.PLACEMENT IS AT A PRICE OF €5.75 PER SHARE.GROSS PROCEEDS OF PLACEMENT AMOUNT TO ABOUT €99.2 MILLION.AFTER PLACEMENT, BFF LUX CONTINUES TO BE MAIN SHAREHOLDER OF BFF WITH A STAKE OF 45.7%.  Full Article

Banca Farmafactoring Secondary ABO Orders Below €5.75 Per Share Risk Missing‍​ - Bookrunner
Tuesday, 20 Feb 2018 

Feb 20 (Reuters) - Banca Farmafactoring's Bookrunner::BLOCK TRADE - BANCA FARMAFACTORING S.P.A.: BOOKRUNNER SAYS SECONDARY ABO ORDERS BELOW €5.75 PER SHARE RISK MISSING‍​.BLOCK TRADE - BANCA FARMAFACTORING S.P.A.: BOOKRUNNER SAYS SECONDARY ABO BOOKS ARE WELL COVERED, BOOKS CLOSE AT 18:40 UK TIME.  Full Article

BFF Banking Group FY Net Profit Up At EUR 95.5 Mln
Friday, 9 Feb 2018 

Feb 9 (Reuters) - BFF BANKING GROUP ::FY NET BANKING INCOME EUR 200.8 MILLION VERSUS EUR 164.0 MILLION YEAR AGO.FY NET PROFIT EUR 95.5 MILLION VERSUS EUR 72.1 MILLION YEAR AGO.PROPOSED 2017 CASH DIVIDEND OF EUR 0.492 PER SHARE IMPLIES 100% PAYOUT RATIO OF ADJUSTED NET INCOME.ADJUSTED NET INCOME OF EUR 84 MILLION IN 2017.  Full Article

BFF Banking Group Announces Bond Issuance For Eur 200 Mln
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - BFF BANKING GROUP ::SAYS ISSUES EUR 200 MILLION BOND ISSUE MATURE IN 2.5 YEARS‍​.  Full Article

BFF Banking Group plans to issue senior unsecured bond​
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - ‍BFF BANKING GROUP ::PLANS TO ISSUE SENIOR BOND​.TO MEET WITH INVESTORS TO EVALUATE POTENTIAL BOND ISSUE WITH MATURITY BETWEEN 2 AND 3 YEARS‍​.  Full Article

Banca Farmafactoring 9-month net profit up at EUR 68.3‍​ mln
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - BANCA FARMAFACTORING SPA ::9-MONTH NET PROFIT EUR 68.3‍​ MILLION VERSUS EUR 41.0 MILLION A YEAR AGO.9-MONTH NET BANKING INCOME EUR 144.4 MILLION VERSUS EUR 101.7 MILLION A YEAR AGO.9-MONTH ADJUSTED NET INCOME EUR 55 MILLION, IN LINE WITH 9M 2016‍​.  Full Article

Italy - Factors to watch on June 3

The following factors could affect Italian markets on Monday.