Edition:
United Kingdom

Bper Banca SpA (EMII.MI)

EMII.MI on Milan Stock Exchange

4.00EUR
17 Aug 2018
Change (% chg)

€-0.09 (-2.18%)
Prev Close
€4.09
Open
€4.05
Day's High
€4.08
Day's Low
€3.94
Volume
4,721,685
Avg. Vol
6,219,801
52-wk High
€5.18
52-wk Low
€3.81

Latest Key Developments (Source: Significant Developments)

Italy's Unipol will not go above 20 pct threshold in BPER
Friday, 10 Aug 2018 

Aug 10 (Reuters) - Unipol Group CEO Carlo Cimbri says::DOES NOT INTEND TO GO ABOVE 20 PERCENT THRESHOLD IN BPER BANCA.DOES NOT WANT TO ACQUIRE CONTROL OF BPER BANCA.IS NOT LOOKING TO FORM FINANCIAL CONGLOMERATE WITH BPER BANCA.  Full Article

BPER Banca CEO sees second bad loan sale in line with loan coverage ratio
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - BPER Banca Chief Executive Alessandro Vandelli tells analysts on a post-results conference call::EXPECTS SECOND BAD LOAN PORTFOLIO OF AROUND 2 BILLION EUROS TO BE SOLD AT A PRICE IN LINE WITH LOAN COVERAGE RATIO IN BALANCE SHEET.IMPACT FROM SECOND BAD LOAN SALE WILL BE MARGINAL, REGARDLESS WHETHER GACS STATE GUARANTEE WILL BE USED OR NOT.  Full Article

Unipol Holds In BPER 15.06% Stake
Friday, 29 Jun 2018 

June 29 (Reuters) - Unipol SpA ::SAYS COMPLETES ACQUISITION OF SHARES IN BPER, HOLDS IN BPER 15.06% STAKE.  Full Article

Bookrunner Says Books Are Open On BPER Reverse Accelerated Bookbuilding
Thursday, 21 Jun 2018 

June 21 (Reuters) - Bper Banca SpA's bookrunner::BLOCKTRADE-BPER: BOOKRUNNER SAYS BOOKS ARE OPEN ON REVERSE ACCELERATED BOOKBUILDING.  Full Article

Bper Q1 Net Profit At EUR 251.0 Mln, Fully Phased CET1 Ratio Of 11.71 Pct At End-March
Tuesday, 8 May 2018 

May 8 (Reuters) - Bper Banca SpA ::PHASED IN CET1 RATIO AT END-MARCH AT 14.61 PERCENT.Q1 INTEREST INCOME EUR 293.2 MILLION VERSUS EUR 288.1 MILLION YEAR AGO.Q1 NET COMMISSIONS EUR 198.1 MILLION VERSUS EUR 177.4 MILLION YEAR AGO.Q1 NET ADJUSTMENTS TO LOANS AND OTHER FINANCIAL ASSETS AMOUNT TO EUR 24.4 MILLION.COVERAGE OF NON-PERFORMING LOANS AT END-MARCH AT 57.4%.COVERAGE OF BAD LOANS AT END-MARCH AT 66.5%, COVERAGE OF UNLIKELY-TO-PAY LOANS AT 39.9%.NEW GROSS NPE TARGET RATIO IS NOW AROUND 11.5% IN 2020 AND BELOW THE THRESHOLD OF 10.0% IN 2021.Q1 NET PROFIT EUR 251.0 MILLION VERSUS EUR 14.6 MILLION YEAR AGO.CET1 RATIO FULLY PHASED AT END-MARCH OF 11.71%.HAS SELECTED PORTFOLIO OF GROSS NON-PERFORMING LOANS POTENTIALLY TRANSFERABLE OF AROUND EUR 6.4 BILLION.IFRS 9 LED TO ADDITIONAL PROVISIONS FOR TOTAL OF MORE THAN EUR 1.1 BILLION AT END-MARCH.BAD LOANS HELD FOR SALE OVER THE THREE-YEAR PERIOD TO 2020 WITH GROSS BOOK VALUE OF BETWEEN € 3.5 AND € 4.0 BILLION.  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

BPER CEO says bank does not need further capital
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - BPER Banca CEO Alessandro Vandelli tells analysts call::"Absolutely convinced" bank does not need any capital injection.Has room to sell more bad loans than the 3 billion euros targeted at present and reach gross NPE ratio "not far" from 10 percent .  Full Article

BPER 2016 net income plunges 94 pct hit by one-offs
Thursday, 9 Feb 2017 

Banca Popolare dell'Emilia Romagna says: 2016 net income 14.3 mln euros down from 220.7 mln euros . Net of non-recurring items 2016 net profit 71.5 mln euros vs 62.1 mln euros in 2015 . To pay dividend of 6 euro cents a share over 2016 results vs 10 euro cents in 2015 . Fully phased CET1 ratio 13.3 percent at end-Dec versus 14.13 percent at end-Sept . Loan writedowns 620 mln euros in 2016, down 12 percent year-on-year . Cost of credit 136 bps in 2016 down from 162 bps in 2015 . Wrote down paid-in stake in banking industry bailout fund Atlante by 34.8 percent . Paid 74 mln euro contribution to resolution and deposit guarantee funds . Net interest income down 4.7 pct, fees down 1.9 pct .To present new business plan by end of summer to reflect changes in market conditions.  Full Article

Photo

European stocks falter as pharma sector falls

LONDON European shares dipped on Wednesday as poor corporate earnings in the pharmaceutical sector weighed on sentiment already soured by trade tensions, with Washington preparing tariffs on another $16 billion (12.4 billion pounds) of Chinese goods.