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Bper Banca SpA (EMII.MI)

EMII.MI on Milan Stock Exchange

4.11EUR
24 Apr 2019
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Latest Key Developments (Source: Significant Developments)

Italy's BPER granted GACS state guarantee on senior notes in Aqui deal
Tuesday, 19 Mar 2019 

March 19 (Reuters) - BPER Banca::RECEIVED THE GACS STATE GUARANTEE ON THE SENIOR NOTES OF THE AQUI SECURITISATION WITH A NOMINAL VALUE OF 544.7 MLN EUROS .  Full Article

BPER Banca CEO says important to lower gross NPE ratio below 10 pct quickly
Friday, 8 Feb 2019 

Feb 8 (Reuters) - BPER Banca CEO Alessandro Vandelli says::CONFIRMS TARGET FOR A CET1 RATIO OF 11.5 PERCENT AT END 2019.BANK WORKING TO UPDATE NPL SALE PLAN BY MARCH.IT IS IMPORTANT TO BRING BANK'S GROSS NPE RATIO BELOW 10 PERCENT AS QUICKLY AS POSSIBLE.  Full Article

BPER CEO confident bank can further improve the NPE ratio
Friday, 8 Feb 2019 

Feb 8 (Reuters) - BPER Banca CEO Alessandro Vandelli says::BANK ABLE TO IMPROVE FURTHER THE NPE RATIO.CONFIRMS COST OF RISK GUIDELINE FOR CURRENT YEAR OF 50-60 BASIS POINTS.  Full Article

BPER Q4 Net Profit At EUR 43.8 Mln
Friday, 8 Feb 2019 

Feb 8 (Reuters) - BPER Banca SpA ::Q4 NET PROFIT EUR 43.8 MILLION VERSUS EUR 50.2 MILLION IN Q3.Q4 INTEREST INCOME EUR 272.3 MILLION VERSUS EUR 276.6 MILLION IN Q3.Q4 FEES EUR 199.2 MILLION VERSUS EUR 188.0 MILLION IN Q3.FULLY PHASED CET1 RATIO AT END-DEC AT 11.9 PERCENT VERSUS 12.0 PERCENT AT END-SEPT.GROSS NPE RATIO AT END-DEC AT 13.8%.NON-PERFORMING LOAN COVERAGE RATIO AT END-DEC AT 54.5 PERCENT.PROPOSAL FOR A CASH DIVIDEND OF € 13 CENTS PER SHARE (€ 11 CENTS IN 2017).  Full Article

BPER: European Central Bank Sets Minimum Cet1 Ratio For 2019 At 9.0 Pct
Friday, 8 Feb 2019 

Feb 8 (Reuters) - BPER Banca SpA ::EUROPEAN CENTRAL BANK SETS MINIMUM CET1 RATIO FOR 2019 AT 9.0 PERCENT.ECB RECOMMENDS TO IMPLEMENT GRADUAL NPL COVERAGE ADJUSTMENT TO FULL BY 2025 FOR SECURED NPES OF MORE THAN 7 YRS.ECB RECOMMENDS TO IMPLEMENT GRADUAL NPL COVERAGE ADJUSTMENT TO FULL BY END-2024 FOR UNSECURED NPES OF MORE THAN 2 YRS.  Full Article

BPER Starts Process Of NPL Securitisation For Nearly EUR 2 Bln
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - BPER ::STARTS PROCESS OF BAD LOAN SECURITISATION.TO POSSIBLY MAKE USE OF A GACS (STATE GUARANTEE) FOR THE SENIOR COMPONENT.CEO SAYS OPERATION (NPL SECURITISATION) IS FOR AN EXPECTED AMOUNT OF NEARLY EUR 2 BILLION.CEO SAYS AT OVERALL GROUP LEVEL BAD LOANS SOLD BY END 2018 WILL BE EQUAL TO TOTAL GROSS AMOUNT OF ABOUT EUR 3 BILLION.  Full Article

BPER CEO says aims to bring NPE ratio below 15 pct by year-end
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - Bper Banca CEO Alessandro Vandelli tells analysts at a post-results conference call::STRONG COMMITMENT TO BRING NPE (NON-PERFORMING EXPOSURE) RATIO BELOW 15 PERCENT BY THE END OF 2018.NPE RATIO WILL BE REDUCED BELOW 10 PERCENT IN THREE YEARS.TO COMPLETE SALE OF 1 BILLION EURO BAD LOANS OWNED BY UNIT BANCO DI SARDEGNA BY YEAR-END.BANK HAS STARTED DISPOSAL OF ITS OWN 1.8-2 BILLION EUROS BAD LOANS, EXPECTS TO COMPLETE THE DEAL BY YEAR-END.INTERNAL MODEL EXTENSION TO NUOVA CARIFE EXPECTED IN Q1 2018 WITH AN ESTIMATED POSITIVE IMPACT OF 10-15 BPS ON CET1.  Full Article

BPER Q4 Net Result Turn To Profit Of EUR 27.5 Mln
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - BPER ::Q4 INTEREST INCOME EUR 274.1 MILLION VERSUS EUR 294.3 MILLION YEAR AGO.Q4 NET COMMISSIONS EUR 196.6 MILLION VERSUS EUR 179.8 MILLION YEAR AGO.Q4 LOAN WRITEDOWNS EUR 123.0 MILLION VERSUS EUR 219.1 MILLION YEAR AGO.Q4 NET PROFIT EUR 27.5 MILLION VERSUS LOSS EUR 86.9 MILLION YEAR AGO.FULLY PHASED CET1 RATIO AT END-2017 AT 13.7 PERCENT.NON-PERFORMING LOAN COVERAGE RATIO AT END-2017 AT 48.7 PERCENT.GROSS NPE RATIO AT END-2017 OF 19.8 PERCENT.CURRENTLY UPDATING NPE PLAN WITH STOCK REDUCTION TARGETS "EVEN MORE AMBITIOUS" THAN THOSE ANNOUNCED IN NOV.PROPOSES CASH DIVIDEND OF EUR 0.11 PER SHARE.  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

BPER Banca says ECB set 2018 CET1 minimum threshold at 8.125 pct
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - BPER Banca says ::ECB SETS MINIMUM REQUIREMENT FOR CET1 RATIO AT 8.125 PERCENT.BANK'S CURRENT CET1 RATIO IS ABOVE 14 PERCENT WITH 2 BLN EURO BUFFER COMPARED TO MINIMUM REQUIREMENT.NEW CET1 REQUIREMENT RESULTING FROM SREP PROCESS IN PLACE FROM JAN. 1, 2018, COMPARES WITH 7.25 PERCENT REQUIREMENT IN 2017.TOTAL CAPITAL RATIO REQUIREMENT IS 11.625 PERCENT COMPARES WITH BANK'S CURRENT 16.89 PERCENT ON PHASED-IN BASIS.SHARES IN BPER UP MORE THAN 2 PCT OUTPERFORMING SECTOR .  Full Article

Italy's BPER Banca will look at possible deals for growth, CEO says

MILAN, April 17 Italy's BPER Banca will look at potential deals for growth, knowing it can rely on the support of top shareholder Unipol, the bank's Chief Executive Alessandro Vandelli was reported as saying by ANSA news agency on Wednesday.