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Bper Banca SpA (EMII.MI)

EMII.MI on Milan Stock Exchange

4.63EUR
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€0.03 (+0.61%)
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€5.18
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€3.81

Latest Key Developments (Source: Significant Developments)

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

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 CEO says capital hit from bumper writedown less than 700 mln euros
Thursday, 3 Aug 2017 

Aug 3 (Reuters) - BPER Banca CEO Alessandro Vandelli tells analyst call::Net of fiscal effect the 1 billion euro writedown would have a capital impact of less than 700 million euros, in terms of net non-performing exposure ratios bank could land in the region of 10 percent.  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

BPER CEO says targeting 70 pct coverage ratio on bad loans
Thursday, 3 Aug 2017 

Aug 3 (Reuters) - BPER Banca CEO Alessandro Vandelli tells analyst call::Bad loan disposals will be very important factor in bank's activity to reduce not just the net non-performing exposure (NPE) ratio but also the gross NPE ratio.ECB still analysing bad loan reduction plans and carrying out international comparisons, it will probably take months to have final outcome.Timing of extraordinary 1 billion euro loan writedown related to introduction of IFRS 9 accounting principle.Bank has had opportunity to illustrate decision on extraordinary writedowns to ECB but still too early for final feedback on NPE reduction plan, probably in September-October.Extraordinary 1 billion euro provisions will be used to increase coverage of bad loans to 70 percent, what is left after that will be used for unlikely-to-pay loans whose coverage ratio may reach 35-40 percent.  Full Article

Unipol CEO says reorganisation will have no impact on dividend target
Friday, 30 Jun 2017 

June 30 (Reuters) - Unipol Gruppo Finanziario CEO Carlo Cimbri says::Rules out raising stake in BPER Banca.No impact on dividend target from reorganisation of insurance business and bad bank creation.  Full Article

Italy - Factors to watch on May 21

The following factors could affect Italian markets on Monday.