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Bper Banca SpA (EMII.MI)

EMII.MI on Milan Stock Exchange

3.52EUR
15 Feb 2019
Change (% chg)

€0.16 (+4.63%)
Prev Close
€3.37
Open
€3.35
Day's High
€3.54
Day's Low
€3.34
Volume
8,696,743
Avg. Vol
4,172,379
52-wk High
€5.16
52-wk Low
€2.87

Latest Key Developments (Source: Significant Developments)

Italy's BPER focused on deals with Unipol, Banco Sardegna, not on Carige - CEO
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - BPER Banca CEO Alessandro Vandelli::ASKED ABOUT POSSIBLE CARIGE MERGER, SAYS BANK FOCUSED ON NEW BUSINESS PLAN AND RECENT DEALS WITH UNIPOL, BANCO DI SARDEGNA.  Full Article

Unipol CEO says to raise stake in BPER to 20 pct
Friday, 8 Feb 2019 

Feb 8 (Reuters) - Unipol CEO Carlo Cimbri tells analyst call::PLANS TO RAISE STAKE IN BPER BANCA TO 20 PERCENT.WILL SUPPORT BPER'S PROJECTS AND STRENGTHEN COOPERATION.  Full Article

BPER sees 70 mln euro extraordinary costs to integrate Unipol Banca
Friday, 8 Feb 2019 

Feb 8 (Reuters) - BPER Banca CEO Alessandro Vandelli says::BANK ESTIMATES EXTRAORDINARY COSTS OF ABOUT 70 MILLION EUROS FOR INTEGRATION WITH UNIPOL BANCA.HE EXPECTS TO CLOSE SOON ACQUISITION OF 40 PERCENT STAKE IN ARCA SGR ASSET MANAGER JOINTLY WITH POPOLARE DI SONDRIO.ACQUISITION OF ARCA SGR STAKE WILL HAVE VERY SMALL FINANCIAL IMPACT.  Full Article

BPER Banca to present new business plan on Feb. 28
Monday, 28 Jan 2019 

Jan 28 (Reuters) - BPER Banca says::TO PRESENT NEW BUSINESS PLAN ON FEB. 28.  Full Article

Bper Sees No Impact On FY 2018 From ECB Guidelines On Bad Loans
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - BPER Banca SpA ::SEES NO IMPACT ON FY 2018 FROM ECB GUIDELINES ON BAD LOANS.SEES NO SIGNIFICANT IMPACT IN 2019-2021 FROM ECB GUIDELINES ON BAD LOANS.  Full Article

BPER Completes Sale Of 95 Pct Of Mezzanine And Junior Tranche Of Bad Loan Portfolio Aqui
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Bper Banca SpA ::COMPLETES SALE TO INSTITUTIONAL INVESTOR OF95 PERCENT OF MEZZANINE AND JUNIOR TRANCHE OF BAD LOAN SECURITIZATION AQUI.WILL PROCEED WITH DECONSOLIDATION OF BAD LOAN PORTFOLIO, WHOSE GROSS BOOK VALUE AT JAN 1, 2018, WAS €1.9 BILLION.CONCLUSION OF SALE LEADS TO DECLINE IN GROSS AND NET NPE RATIOS PRO-FORMA TO 14.4% AND 7.2%.PROCESS FOR REQUESTING THE GACS STATE GUARANTEE ON SENIOR IS EXPECTED TO BE COMPLETED IN COMING WEEKS.CONFIRMS PLANS FURTHER SALES OF BAD LOANS IN 2019 FOR A GROSS VALUE OF MORE THAN € 1 BILLION.  Full Article

Unipol CEO says tie-up between BPER, Unipol Banca an option
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Unipol Gruppo CEO Carlo Cimbri says::STAKE IN BPER BANCA UNCHANGED AT 15 PERCENT, WE STILL HAVE OPTION TO INCREASE IT UP TO 20 PERCENT, WILL DEPEND ON BANK'S BUSINESS PLAN."HAPPY" TO BE AN INVESTOR IN BPER BANCA, TIE-UP WITH UNIPOL BANCA IS AN OPTION.  Full Article

BPER expects to unveil new business plan in early 2019-CEO
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - BPER Banca CEO Alessandro Vandelli says::WORKING ON SELLING 1 BILLION EUROS IN BAD LOANS, COULD HAVE ANOTHER PORTFOLIO OF SIMILAR SIZE UP FOR DISPOSAL.EXPECTS TO HOLD INVESTOR DAY IN EARLY 2019 TO PRESENT BUSINESS PLAN.NEGOTIATIONS ONGOING TO SELL SOME SINGLE-NAME UNLIKELY-TO-PAY LOANS, COULD ALSO CONSIDER SOME UTP PORTFOLIO SALES IN THE FUTURE.  Full Article

BPER Q3 Net Profit At EUR 50.2 Mln
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Bper Banca SpA ::9-MONTH NET PROFIT EUR 358.1 MILLION.Q3 NET INTEREST INCOME EUR 276.6 MILLION VERSUS EUR 280.3 MILLION IN Q2.NON-PERFORMING LOAN COVERAGE RATIO AT END-SEPT AT 56.7 PERCENT.Q3 NET COMMISSION INCOME EUR 188.0 MILLION VERSUS EUR 190.9 MILLION IN Q2.GROSS NPE RATIO AT 17.3% AT SEPT-END.Q3 NET PROFIT EUR 50.2 MILLION VERSUS EUR 56.9 MILLION IN Q2.UNLIKELY-TO-PAY COVERAGE RATIO AT END-SEPT 42.2 PERCENT.FULLY PHASED CET1 RATIO AT END-SEPT AT 12.0 PERCENT.IN THE LATTER PART OF THE YEAR, THE LEVEL OF NET INTEREST INCOME IS EXPECTED TO BE SUBSTANTIALLY MAINTAINED.IMPORTANT SUPPORT FOR REVENUES IS EXPECTED TO COME FROM COMMISSIONS, PARTICULARLY FROM ASSET MANAGEMENT AND BANCASSURANCE.IN LATTER PART OF 2018, CORE BANKING BUSINESS SHOULD REMAIN SUBSTANTIALLY STABLE.IN LATTER PART OF 2018, THE COST OF CREDIT IS EXPECTED TO REMAIN LOW.  Full Article

BPER sells 1.9 bln euro in bad loans to securitisation vehicle
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - BPER Banca says::SOLD GROSS 1.9 BILLION EUROS IN BAD LOANS TO SECURITISATION VEHICLE FOR 618.4 MILLION EUROS.SENIOR TRANCHE WORTH 544.7 MILLION EUROS CORRESPONDING TO 28.7 PERCENT OF GROSS BOOK VALUE.PROCESS OF REQUESTING 'GACS' STATE GUARANTEE WILL BE ACTIVATED IN NEXT FEW DAYS.SENIOR TRANCHE TO PAY COUPON OF 6-MONTH EURIBOR RATE + 50 BPS AND WILL BE SUBSCRIBED AND RETAINED BY BPER BANCA.WILL PLACE 95 PCT OF MEZZANINE AND JUNIOR TRANCHES WITH INVESTORS.PRO-FORMA NPE RATIO 14.4 PCT FROM 17.4 PCT END-JUNE.Further company coverage: EMII.MI.  Full Article

Italy - Factors to watch on Feb. 14

MILANO, Feb 14 The following factors could affect Italian markets on Thursday.