Edition:
United Kingdom

Credito Emiliano SpA (EMBI.MI)

EMBI.MI on Milan Stock Exchange

6.74EUR
22 May 2018
Change (% chg)

€0.05 (+0.75%)
Prev Close
€6.69
Open
€6.70
Day's High
€6.83
Day's Low
€6.70
Volume
89,774
Avg. Vol
137,278
52-wk High
€7.89
52-wk Low
€6.59

Latest Key Developments (Source: Significant Developments)

Credito Emiliano Q1 Net Profit Up At EUR 54.6 Mln
Thursday, 10 May 2018 

May 10 (Reuters) - Credito Emiliano SpA ::CET1 RATIO AT END-MARCH OF 13.63 PERCENT.Q1 OPERATING INCOME EUR 313.7 MILLION VERSUS EUR 301.8 MILLION YEAR AGO.Q1 NET PROFIT EUR 54.6 MILLION VERSUS EUR 49.0 MILLION YEAR AGO.BAD LOAN COVERAGE RATIO AT END-MARCH AT 66.2 PERCENT.FORESEES POSITIVE TREND FOR 2018 FOR STABLE COMPONENTS OF BOTH FINANCIAL AND COMMISSION REVENUE.  Full Article

Banco Desio Says Has No Open Dossier With Credem For Possible M&A Operations
Thursday, 8 Mar 2018 

March 8 (Reuters) - BANCO DI DESIO E DELLA BRIANZA SPA ::SAYS HAS NO OPEN DOSSIER WITH CREDEM FOR POSSIBLE M&A OPERATIONS.  Full Article

Italy's Credem CET1 capital ratio rises to 13.69 pct
Friday, 2 Mar 2018 

March 2 (Reuters) - Credito Emiliano says::CET1 RATIO RISES TO 13.69 PERCENT FROM 13.32 PERCENT AFTER ECB APPROVES NOT DISCOUNTING CREDEMVITA STAKE WHEN CALCULATING CAPITAL.  Full Article

Credem FY Net Profit Up At EUR 186.5 Mln
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - CREDITO EMILIANO SPA ::FY OPERATING INCOME EUR 1.14 BILLION VERSUS EUR 1.10 BILLION YEAR AGO.FY NET PROFIT EUR 186.5 MILLION VERSUS EUR 131.9 MILLION YEAR AGO.CET1 RATIO AT END-2017 OF 13.32 PERCENT.PRELIMINARY PROPOSAL OF DIVIDEND OF EUR 0.20 PER SHARE ON 2017, UP 33 PERCENT YEAR ON YEAR.  Full Article

Credem phased-in CET1 ratio at Sept. 30 at 13.37 pct
Friday, 10 Nov 2017 

Nov 10 (Reuters) - CREDITO EMILIANO SPA (CREDEM) : :REPORTED ON THURSDAY 9-MONTH NET PROFIT OF EUR 146.5 MLN VS EUR 103.1 MLN YEAR AGO.9-MONTH OPERATING INCOME EUR 851.1 MLN VS EUR 809.8 MLN YEAR AGO.PHASED-IN CET1 RATIO AT SEPT 30 OF 13.37 PCT.  Full Article

Credem H1 net profit up at EUR 101.3 mln
Thursday, 3 Aug 2017 

Aug 3 (Reuters) - CREDITO EMILIANO SPA ::H1 NET PROFIT EUR 101.3 MILLION VERSUS EUR 70.4 MILLION YEAR AGO.H1 OPERATING INCOME EUR 593.4 MILLION VERSUS EUR 560.6 MILLION YEAR AGO.CET1 RATIO AT JUNE 30 OF 13.02 PERCENT.  Full Article

Credito Emiliano issues subordinated Tier 2 bonds for EUR 100 mln
Monday, 3 Jul 2017 

July 3 (Reuters) - CREDITO EMILIANO SPA ::ISSUES SUBORDINATED CLASS BONDS 2 (TIER 2) FOR A TOTAL NOMINAL VALUE OF 100 MILLION EUROS TO BE QUOTED ON REGULATED MARKET IN LUXEMBOURG.BONDS HAVE A FINAL MATURITY OF 10 YEARS AND GROSS ANNUAL FIXED COUPON OF 3.625%.  Full Article

CREDEM Q1 net profit up at EUR 49.0 million
Thursday, 11 May 2017 

May 11 (Reuters) - CREDITO EMILIANO SPA ::Q1 NET PROFIT EUR 49.0 MILLION VERSUS EUR 46.6 MILLION YEAR AGO.Q1 OPERATING INCOME EUR 298.9 MILLION VERSUS EUR 288.7 MILLION YEAR AGO.  Full Article

Credito Emiliano 2016 dividend stable versus 2015 - slide
Thursday, 9 Feb 2017 

Italy's Credito Emiliano: dividend payout over 2016 results stable versus 2015 - slide Further company coverage: [EMBI.MI] (Reporting by Milan newsroom).  Full Article

Credem 2016 net profit down 21 pct on rescue fund contributions
Wednesday, 8 Feb 2017 

Credito Emiliano says: Phased-in CET1 ratio at end-2016 at 13.15 percent, fully phased at 11.9 pct . 2016 net profit 132 mln euros, down from 166 mln euros in 2015 hit by contributions to banking rescue funds . Net interest income up 4 pct y-o-y, services income down 5.5 pct y-o-y . Loan writedowns fell 35.2 percent y-o-y to 74 mln euros . Paid 37 mln euro gross contribution to national resolution fund and deposit guarantee fund . Invested 40 mln euros in information technologies . Direct funding from clients up 10 pct year-on-year . Client loans up 4.6 pct year-on-year Further company coverage: [EMBI.MI] (Reporting by Milan Newsroom).  Full Article

Italy - Factors to watch on May 14

The following factors could affect Italian markets on Monday.