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Banca Monte dei Paschi di Siena SpA (BMPS.MI)

BMPS.MI on Milan Stock Exchange

1.51EUR
4:07pm GMT
Change (% chg)

€0.01 (+0.43%)
Prev Close
€1.50
Open
€1.54
Day's High
€1.57
Day's Low
€1.51
Volume
1,175,504
Avg. Vol
2,144,326
52-wk High
€4.10
52-wk Low
€1.30

Latest Key Developments (Source: Significant Developments)

DBRS raises Monte Dei Paschi long-term deposit rating to BB (low)
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Banca Monte dei Paschi di Siena says::DBRS RAISED ITS LONG-TERM DEPOSIT RATING BY ONE NOTCH TO BB (LOW).  Full Article

Monte dei Paschi picks WRM as potential buyer for bank's IT platform
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Banca Monte dei Paschi di Siena says::PICKS WRM AS SOLE POTENTIAL BUYER FOR THE BANK'S IT PLATFORM, NO DECISION TAKEN YET.  Full Article

Monte dei Paschi to further reduce capital impact from BTP/Bund spread
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Banca Monte dei Paschi di Siena's analyst call::CFO SAYS SENSITIVITY TO BTP/BUND SPREAD REDUCED TO 3.3 MILLION EUROS FOR EVERY 1 BP CHANGE FROM 3.7 MILLION EUROS PREVIOUSLY.CFO SAYS BANK'S GOAL IS TO FURTHER REDUCE BTP/BUND SENSITIVITY BY 10 PERCENT TO 3 MILLION EUROS FOR EACH 1 BP CHANGE BY YEAR-END.CEO SAYS LATEST INFORMATION AVAILABLE POINT TO STABLE COST OF FUNDING.CFO SAYS MANAGING CAPITAL RATIOS IN ORDER NOT TO BE OBLIGED TO ISSUE SUBORDINATED DEBT, BUT WILL STILL TRY TO ISSUE IF OCCASION ARISES IN COMING QUARTER.CEO SAYS TO HOLD INVESTOR ROADSHOW NEXT WEEK.  Full Article

Monte Dei Paschi 190 bps CET1 Buffer on 2018 SREP including P2G
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Banca Monte dei Paschi di Siena::AROUND 190 BPS BUFFER ON CET1 CAPITAL VERSUS 2018 SREP REQUIREMENT WHEN INCLUDING 1.5 PERCENT PILLAR 2 GUIDANCE - SLIDE.  Full Article

Monte Dei Paschi Reaches Agreement To Sell Belgian Unit For EUR 42 Mln
Friday, 5 Oct 2018 

Oct 5 (Reuters) - Banca Monte dei Paschi di Siena SpA ::REACHES AGREEMENT TO SELL BELGIAN UNIT.TO SELL BELGIAN UNIT FOR THE PRICE OF EUR 42 MILLION.IMPACT ON CET1 RATIO OF SALE IS NOT SIGNIFICANT.  Full Article

Monte dei Paschi Announces Voluntary Tender Offer For Casaforte Srl
Thursday, 27 Sep 2018 

Sept 28 (Reuters) - Monte dei Paschi ::SAID ON THURSDAY ANNOUNCED VOLUNTARY TENDER OFFER FOR A ASSET-BACKED AND B ASSET-BACKED CASAFORTE SRL SECURITIES.OFFERS EUR 622.06 FOR EACH EUR 608.70 OF CURRENT NOMINAL VALUE OF A ASSET-BACKED SECURITIES.OFFERS EUR 1,525.14 FOR EACH EUR 1,245.6 OF CURRENT NOMINAL VALUE OF B ASSET-BACKED SECURITIES.  Full Article

Monte dei Paschi CEO says profit guidance assumes stable Italy situation
Friday, 3 Aug 2018 

Aug 3 (Reuters) - Banca Monte dei Paschi di Siena analyst call::CEO SAYS SEES PRE-PROVISION QUARTERLY PROFIT OF 250-300 MILLION EUROS IN REST OF YEAR IF CURRENT MACRO, SPREAD SCENARIO DOES NOT DETERIORATE.CEO TELLS ANALYST CALL LOSS GIVEN DEFAULT WAIVER FOLLOWING RECORD BAD LOAN DISPOSAL HAS JUST BEEN FORMALLY CONFIRMED.CFO SAYS BANK DOING PREPARATORY WORK TO RE-ENTER WHOLESALE FUNDING MARKET FOR COVERED BONDS.CFO SAYS BANK ALSO UPDATING MTN PROGRAMME FOR POSSIBLE ISSUANCE OF SENIOR AND TIER 2 BONDS AFTER SEPTEMBER.CFO SAYS RISK WEIGHTED ASSETS TO INCREASE BY AROUND 1 BILLION EUROS IN H2 DUE TO ADD-ON ON DEFAULTED ASSETS.CFO SAYS PROGRESS ON LOAN BOOK COULD ADD ANOTHER 1 BILLION EUROS IN RWA BY YEAR-END.  Full Article

Cerved, Quaestio Complete Acquisition Of Monte dei Paschi's Recovery Platform Juliet
Monday, 14 May 2018 

May 15 (Reuters) - Banca Monte dei Paschi di Siena , Cerved Group , and Quaestio Holding::SAID ON MONDAY THAT QUAESTIO CERVED CREDIT MANAGEMENT HAS COMPLETED ACQUISITION OF BANCA MONTE DEI PASCHI DI SIENA'S NPL RECOVERY PLATFORM "JULIET".SPECIAL-PURPOSE ENTITY SET UP BY CERVED AND QUAESTIO.TOTAL CONSIDERATION TO ACQUIRE PLATFORM IS EUR 52.6 MLN.POTENTIAL TOTAL EARN-OUT OF UP TO EUR 33.8 MLN WILL BE SUBJECT TO THE ACHIEVEMENT OF CERTAIN ECONOMIC RESULTS.  Full Article

Monte Dei Paschi CEO to conduct investor roadshow next week
Friday, 11 May 2018 

May 11 (Reuters) - Banca Monte dei Paschi di Siena CEO Marco Morelli says::TO CONDUCT INVESTOR ROADSHOW NEXT WEEK, IN LONDON ON MONDAY AND TUESDAY, IN MILAN ON WEDNESDAY.  Full Article

Monte Dei Paschi can keep cost of risk at Q1 level in full year-CFO
Friday, 11 May 2018 

May 11 (Reuters) - Banca Monte dei Paschi di Siena CFO Andrea Rovellini tells analyst call::ESTIMATES DTA (DEFERRED TAX ASSETS) EFFECT OF 150-200 MILLION EUROS IN FULL YEAR INCLUDING 80 MILLION EUROS RECORDED IN Q1.BELIEVES BANK CAN KEEP COST OF RISK IN FULL YEAR AT Q1 LEVEL (61 BPS).  Full Article

Italy - Factors to watch on Dec. 17

The following factors could affect Italian markets on Monday.