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doBank SpA (DOB.MI)

DOB.MI on Milan Stock Exchange

12.70EUR
24 Apr 2019
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Latest Key Developments (Source: Significant Developments)

doBank Proposes FY 2018 Dividend Of EUR 0.460 Per Share
Tuesday, 12 Mar 2019 

March 13 (Reuters) - doBank SpA ::SAID ON TUESDAY PROPOSES FY DIVIDEND OF EUR 0.460 PER SHARE .PLANS TO ALLOCATE EUR 36.8 MILLION FOR DIVIDEND PAYOUT WHAT CORRESPONDS TO 70% OF CONSOLIDATED NET INCOME EXCLUDING NON-RECURRING ITEMS (70% PAYOUT).SAID PERFORMANCE IN 2018 CONFIRMS THE OBJECTIVES OF THE 2018-2020 BUSINESS PLAN, PRESENTED IN JUNE 2018.GROUP PLANS TO UPDATE ITS BUSINESS PLAN TARGETS FOLLOWING THE CLOSING OF ALTAMIRA ASSET MANAGEMENT ACQUISITION, WHICH IS EXPECTED BY MAY 2019.  Full Article

doBank FY Net Profit Up At EUR 50.9 Mln, Proposes 70-pct Dividend Payout
Monday, 11 Feb 2019 

Feb 11 (Reuters) - doBank SpA ::FY NET PROFIT EUR 50.9 MILLION VERSUS EUR 45.0 MILLION YEAR AGO.FY REVENUE EUR 209.6 MILLION VERSUS EUR 193.4 MILLION YEAR AGO.PROPOSES 70 PERCENT DIVIDEND PAYOUT.CET1 AT END-DEC AT 26.1%.GROSS BOOK VALUE OF ASSETS UNDER MANAGEMENT (GBV) AT END-DEC EUR 82.2 BILLION.TO UPDATE BUSINESS PLAN FOLLOWING CLOSING OF ACQUISITION OF ALTAMIRA, WHICH IS EXPECTED BY MAY 2019.PERFORMANCE IN 2018 CONFIRMS THE OBJECTIVES OF THE 2018-2020 BUSINESS PLAN.  Full Article

doBank Signs Agreement To Buy 85 Pct Of Altamira Asset Management
Monday, 31 Dec 2018 

Dec 31 (Reuters) - doBank SpA ::SIGNS AGREEMENT TO BUY 85 PERCENT OF ALTAMIRA ASSET MANAGEMENT.STAKE IN ALTAMIRA ASSET MANAGEMENT COULD BE RAISED TO 100 PERCENT IF BANCO SANTANDER EXERCISES TAG-ALONG RIGHT.ACQUISITION OF 100% OF ALTAMIRA HAS BEEN VALUED AT €412 MILLION IN ENTERPRISE VALUE.AGREEMENT ON ALTAMIRA ENVISAGES EARNOUT OF UP TO €48 MILLION.  Full Article

BRIEF-Banco BPM accepts Credito Fondiario-Elliott bad loan offer
Monday, 10 Dec 2018 

Corrects closing date in final bullet point.:BANCO BPM SAYS ACCEPTS BINDING OFFER FROM CREDITO FONDIARIO-ELLIOTT CONSORTIUM FOR 7.8 BILLION EURO BAD LOAN PORTFOLIO.BANCO BPM SAYS HAS OPTION TO REDUCE AMOUNT OF BAD LOAN PORTFOLIO TO 7 BILLION EUROS.BANCO BPM SAYS SETS UP DEBT COLLECTION PARTNERSHIP WITH CREDITO FONDIARIA IN WHICH LATTER WILL OWN 70 PERCENT.BANCO BPM SAYS SIGNS 10-YEAR CONTRACT WITH SAID PLATFORM TO SERVICE 80 PERCENT OF NEW BAD LOANS.BANCO BPM SAYS DEAL VALUES DEBT COLLECTION UNIT AT 143 MILLION EUROS.BANCO BPM SAYS PREFERRED OPTION IS TO TAP GACS STATE GUARANTEE ON BAD LOAN SECURITISATION ISSUE.BANCO BPM SAYS ELLIOTT WILL BUY JUNIOR AND MEZZANINE NOTES TO BE ISSUED IN BAD LOAN SECURITISATION.BANCO BPM SAYS CET1 IMPACT OF BAD LOAN SALE, PARTNERSHIP WILL BE IN ANY CASE SMALLER THAN CAPITAL BOOST FROM CONSUMER CREDIT REORAGANISATION.BANCO BPM SAYS EXPECTS CLOSING OF DEAL END Q2 (NOT IN H2) 2019.  Full Article

Banco BPM accepts Credito Fondiaria-Elliott offer for bad loan portfolio
Monday, 10 Dec 2018 

Dec 10 (Reuters) - Banco Bpm SpA ::BANCO BPM SAYS ACCEPTS BINDING OFFER FROM CREDITO FONDIARIO-ELLIOTT CONSORTIUM FOR 7.8 BILLION EURO BAD LOAN PORTFOLIO.BANCO BPM SAYS HAS OPTION TO REDUCE AMOUNT OF BAD LOAN PORTFOLIO TO 7 BILLION EUROS.BANCO BPM SAYS SETS UP DEBT COLLECTION PARTNERSHIP WITH CREDITO FONDIARIA IN WHICH LATTER WILL OWN 70 PERCENT.BANCO BPM SAYS SIGNS 10-YEAR CONTRACT WITH SAID PLATFORM TO SERVICE 80 PERCENT OF NEW BAD LOANS.BANCO BPM SAYS DEAL VALUES DEBT COLLECTION UNIT AT 143 MILLION EUROS.BANCO BPM SAYS PREFERRED OPTION IS TO TAP GACS STATE GUARANTEE ON BAD LOAN SECURITISATION ISSUE.BANCO BPM SAYS ELLIOTT WILL BUY JUNIOR AND MEZZANINE NOTES TO BE ISSUED IN BAD LOAN SECURITISATION.BANCO BPM SAYS EXPECTS CLOSING OF DEAL IN H2 2019.BANCO BPM SAYS CET1 IMPACT OF BAD LOAN SALE, PARTNERSHIP WILL BE IN ANY CASE SMALLER THAN CAPITAL BOOST FROM CONSUMER CREDIT REORAGANISATION.  Full Article

Dobank SpA 9-Month Net Profit Up At EUR 34.8 Mln
Friday, 9 Nov 2018 

Nov 9 (Reuters) - doBank SpA ::9-MONTH NET REVENUE EUR 145.9 MILLION VERSUS EUR 132.4 MILLION YEAR AGO.9-MONTH NET PROFIT EUR 34.8 MILLION VERSUS EUR 26.9 MILLION YEAR AGO.  Full Article

Dobank SpA FY Prelim. Net Revenue EUR ‍​194.9 Million, Up 3 Pct YoY
Monday, 12 Feb 2018 

Feb 12 (Reuters) - Dobank Spa ::FY PRELIM. NET REVENUE EUR ‍​ 194.9 MILLION, UP 3 PERCENT YOY.FY PRELIM. EBITDA EUR ‍​ 70.1 MILLION, UP 9 PERCENT YOY.FY PRELIM. NET PROFIT EUR 45.0 MILLION, UP 11 PERCENT YOY.CET1 RATIO AT END-2017 OF 26.4 PERCENT VERSUS 20.6 PERCENT AT END 2016‍​.ASSETS UNDER MANAGEMENT AT END-2017 EUR 76.7 BILLION VERSUS EUR 80.9 BILLION AT END 2016.WILL SUBMIT FOR APPROVAL PROPOSAL TO DISTRIBUTE DIVIDENDS EQUAL TO 70 PERCENT OF PROFIT (70 PERCENT PAYOUT).  Full Article

DoBank Signs Agreement With REV To Manage Bad Loan Portfolio Of EUR 2.4 Bln In Gross Book Value
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - DOBANK SPA ::SIGNS AGREEMENT WITH REV FOR MANAGEMENT OF BAD LOAN PORTFOLIO OF GROSS BOOK VALUE EUR 2.4 BILLION.  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 - Factors to watch on April 17

MILAN, April 17 The following factors could affect Italian markets on Wednesday.