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Banca Sistema SpA (BSTA.MI)

BSTA.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Banca Sistema Places Tier II Subordinated Bond Issue For EUR 6 Mln
Thursday, 23 May 2019 

May 23 (Reuters) - Banca Sistema SpA ::PLACES TIER II SUBORDINATED BOND ISSUE FOR EUR 6 MILLION.BOND PLACED TO INSTITUTIONAL INVESTOR HAS DURATION OF 10 YEARS WITH SEMI-ANNUAL FIXED COUPON OF 7% AND EARLY REPAYMENT RIGHT.BOND ISSUE TO HAVE POSITIVE IMPACT ON TOTAL CAPITAL RATIO OF 43BPS, MEASURED ON INDICATOR AS AT MARCH 31, EQUAL TO 13.2%.  Full Article

Banca Sistema SpA Q1 Operating Income Up At EUR 19.3 Mln
Friday, 10 May 2019 

May 10 (Reuters) - Banca Sistema SpA ::Q1 OPERATING INCOME EUR 19.3 MILLION VERSUS EUR 18.1 MILLION YEAR AGO.SAYS CET1 RATIO AT 10.6% AS AT MARCH 31.Q1 PROFIT AFTER TAX FROM CONTINUING OPERATIONS EUR 4.0 MILLION VERSUS EUR 4.7 MILLION YEAR AGO.  Full Article

Banca Sistema FY Net Profit Up At EUR 27.2 Mln
Friday, 8 Feb 2019 

Feb 8 (Reuters) - Banca Sistema SpA ::FY OPERATING INCOME EUR 91.1 MILLION VERSUS EUR 82.5 MILLION YEAR AGO.RECOMMENDS DIVIDEND OF €0.087 PER SHARE.FY NET PROFIT EUR 27.2 MILLION VERSUS EUR 26.8 MILLION YEAR AGO.CET1 RATIO AT END-DEC AT 11.0 PERCENT.  Full Article

Banca Sistema Sees Positive Impact Of 150 Bps On CET1 Ratio At End-Sept 2019 From Ecofin Amendments
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - Banca Sistema SpA ::POSITIVE IMPACT FROM ECOFIN AMENDMENTS TO RISK WEIGHTING FOR SALARY AND PENSION SECURED LOANS.ESTIMATED CET1 IMPACT FROM AMENDMENT AT 30 SEPT 2019 IS ABOUT +150BPS.  Full Article

Banca Sistema SpA 9-Month Net Profit Down At EUR 19.1 Mln
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Banca Sistema SpA ::9-MONTH NET PROFIT EUR 19.1 MILLION VERSUS EUR 21.8 MILLION YEAR AGO.9-MONTH OPERATING INCOME EUR 64.5 MILLION VERSUS EUR 62.6 MILLION YEAR AGO.  Full Article

Banca Sistema H1 Net Profit Up EUR 11.2 Mln
Thursday, 26 Jul 2018 

July 26 (Reuters) - Banca Sistema SpA ::H1 NET PROFIT EUR 11.2 MILLION VERSUS EUR 10.0 MILLION YEAR AGO.H1 OPERATING INCOME EUR 40.9 MILLION VERSUS EUR 35.2 MILLION YEAR AGO.  Full Article

Banca Sistema Board Appoints Gianluca Garbi CEO
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Banca Sistema SpA ::BOARD APPOINTS GIANLUCA GARBI CEO, GARBI TO KEEP POSITION AS DIRECTOR GENERAL AS WELL.  Full Article

Banca Sistema Reopens Subordinated Ten-Year Tier II Bond For EUR 3 Mln
Friday, 13 Apr 2018 

April 13 (Reuters) - Banca Sistema SpA ::REOPENS SUBORDINATED TEN-YEAR TIER II BOND PLACED ON MARCH 30, 2017, FOR EUR 3 MILLION.TOTAL ISSUED AMOUNT OF BOND IS NOW EQUAL TO EUR 19.5 MILLION.  Full Article

Banca Sistema Issues 2018-2020 Strategic Plan
Tuesday, 10 Apr 2018 

April 11 (Reuters) - BANCA SISTEMA SPA ::SAID ON TUESDAY THAT THE BOARD HAD APPROVED THE STRATEGIC PLAN TO 2020.SEES FACTORING TURNOVER IN 2020 AT EUR 3.3 BLN.TARGETS CET1 RATIO OF ABOUT 10.5 PCT OVER THE PLAN'S PERIOD AND ABOVE 11 PCT BY 2020.TARGETS ADJUSTED INTEREST INCOME MARGIN OF 400-450 BASIS POINTS IN 2018-2020.  Full Article

Banca Sistema Signs Cooperation Agreement With Deutsche Bank
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - BANCA SISTEMA SPA ::SIGNS COOPERATION AGREEMENT WITH DEUTSCHE BANK DBKGN.DE FOR FACTORING ACTIVITIES.  Full Article

DIARY - Italy to June 30

Inclusion of diary items does not necessarily mean that Reuters will file a story based on the event.