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doBank SpA (DOB.MI)

DOB.MI on Milan Stock Exchange

9.78EUR
14 Dec 2018
Change (% chg)

€-0.16 (-1.56%)
Prev Close
€9.94
Open
€9.98
Day's High
€10.03
Day's Low
€9.68
Volume
6,892
Avg. Vol
48,278
52-wk High
€13.79
52-wk Low
€8.52

Latest Key Developments (Source: Significant Developments)

doBank H1 Net Profit Up At EUR 21.0 Mln
Tuesday, 7 Aug 2018 

Aug 8 (Reuters) - doBank SpA : :REPORTED ON TUESDAY H1 NET REVENUES EUR 94.4 MLN VS EUR 94.5 MLN YEAR AGO.H1 NET PROFIT EUR 21.0 MLN VS EUR 19.7 MLN YEAR AGO.EXPECTS IN 2018 GROSS REVENUES OF OVER EUR 230 MLN.EXPECTS IN 2018 EXPANSION IN OPERATING MARGIN (ORDINARY EBITDA MARGIN).EXPECTS IN 2018 DIVIDEND PAYOUT OF AT LEAST 65 PCT OF ORDINARY CONSOLIDATED NET INCOME.  Full Article

DoBank To Manage 1 Bln Euro Bad Loan Portfolio Of Three Italian Bailed-Out Banks
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - DOBANK ::SIGNS AGREEMENT TO MANAGE AS SPECIAL SERVICER BAD LOANS ABOUT 1 BLN EURO BAD LOANS.AGREEMENT IS PART OF THE BAILOUT DEAL OF CASSA DI RISPARMIO DI RIMINI, CASSA DI RISPARMIO DI CESENA E CASSA DI RISPARMIO DI SAN MINIATO.IT IS EXPECTED THAT MANAGEMENT OF BAD LOANS BY DOBANK WILL BEGIN IN Q1 2018.  Full Article

Dobank 9-month net profit at EUR 26.9 mln
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - DOBANK SPA ::9-MONTH NET REVENUES EUR 133.9‍​ MILLION VERSUS EUR 127.6 MILLION (CARVE-OUT AGGREGATE) YEAR AGO.9-MONTH NET PROFIT EUR 26.9 MILLION VERSUS EUR 23.2 MILLION (CARVE-OUT AGGREGATE) YEAR AGO.FOR 2017, EXPECTS SCENARIO OF GROWTH IN COLLECTIONS AND HIGHER OPERATING EFFICIENCY‍​.  Full Article

Italy's doBank commits to invest 30 mln euros in Atlante II
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Italy's doBank says::approves signing of a commitment letter for a 30-million-euro investment in the Atlante II Fund dedicated to investments in junior and mezzanine tranches of securitisations regarding non-performing loans.investment remains subject to completion of deal regarding the rescue of Cassa di Risparmio di Rimini, Cassa di Risparmio di Cesena, and Cassa di Risparmio di San Miniato.  Full Article

DoBank to manage 8 bln euros in Monte dei Paschi's bad debts
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Italian debt servicing group DoBank says::Has reached preliminary deal to manage 8 billion euros in bad loans as part of Monte dei Paschi's 26 billion euro ($30.6 billion) non-performing loan securitisation..Expects to sign final servicing contract by year-end when the securitisation notes will be issued and to start managing the portfolio in Q1 2018..  Full Article

DoBank to manage 8 bln euros in Monte dei Paschi's bad debts
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Italian debt servicing group DoBank says::Has reached preliminary deal to manage 8 billion euros in bad loans as part of Monte dei Paschi's 26 billion euro ($30.6 billion) non-performing loan securitisation..Expects to sign final servicing contract by year-end when the securitisation notes will be issued and to start managing the portfolio in Q1 2018..  Full Article

Banco BPM reaches bad loan deal with Credito Fondiario, Elliott

MILAN Banco BPM said on Monday it had agreed to sell up to 7.8 billion euros (6.97 billion pounds) in bad loans along with a stake in its debt recovery business to Credito Fondiario and U.S. fund Elliott, confirming what sources previously told Reuters.