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Bper Banca SpA (EMII.MI)

EMII.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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'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

Unipol CEO says BPER among potential suitors for banking unit -source

Dec 11 Italian regional lender BPER is among the entities possibly interested in acquiring Unipol Banca, Unipol Group CEO Carlo Cimbri said on Tuesday, according to a source.