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Bper Banca SpA (EMII.MI)

EMII.MI on Milan Stock Exchange

3.74EUR
23 Jul 2019
Change (% chg)

€-0.02 (-0.53%)
Prev Close
€3.76
Open
€3.77
Day's High
€3.77
Day's Low
€3.70
Volume
2,534,046
Avg. Vol
3,908,407
52-wk High
€4.86
52-wk Low
€2.87

Latest Key Developments (Source: Significant Developments)

Bper top investor says cannot be involved in Carige rescue - paper
Wednesday, 3 Jul 2019 

July 3 (Reuters) - Unipol Group CEO Carlo Cimbri tells Il Sole 24 Ore in an interview::UNIPOL GROUP HAS INCREASED ITS STAKE IN BPER BANCA TO 19.9%.CARIGE MUST BE TAKEN OVER BY ANOTHER BANK, CONDITIONS ARE NOT IN PLACE FOR BPER TO GET INVOLVED NOW.ITALY NEEDS ANOTHER LARGE DOMESTIC LENDER BESIDES INTESA, BUT IT IS TOO EARLY TO TALK ABOUT CONSOLIDATION .  Full Article

BPER could speed up 2021 bad loan target, will know after Q3-CEO
Thursday, 9 May 2019 

May 9 (Reuters) - BPER Banca Alessandro Vandelli tells analyst call::POSITIVE ON POSSIBILITY OF ACCELERATING 2021 GROSS NPE TARGET OF 9 PERCENT, WILL HAVE CLEARER VIEW TOWARDS YEAR-END.WILL HAVE NECESSARY ELEMENTS TO DECIDE ON BAD LOAN DISPOSALS ONLY AFTER COMPLETING TRANSACTION WITH UNIPOL IN Q3.CONSIDERING USING BADWILL FROM UNIPOL DEAL TO RAISE PROVISIONS AND EASE SALES.  Full Article

BPER to fine-tune funding plan in light of new TLTRO to cut funding costs-exec
Thursday, 9 May 2019 

May 9 (Reuters) - BPER Banca top executive tells analyst call::BANK HAS POSITIVE BUFFER ON MREL, WILL STICK TO GOAL OF ISSUING 1.2 BILLION EUROS IN SENIOR BONDS BY END-2021.TO RECALIBRATE PLANS FOR COVERED BOND ISSUANCE IN LIGHT OF NEW TLTRO OPERATION WITH GOAL OF OPTIMISING COST OF FUNDING.  Full Article

BPER Banca Q1 profit shrinks to 48 mln euros, core capital rises
Thursday, 9 May 2019 

May 9 (Reuters) - BPER Banca says::* Q1 NET PROFIT EUR 48 MLN VS EUR 251 MLN IN Q1 2018 .* FULLY PHASED CET1 RATIO AT END-MARCH AT 12.24 PCT VS 11.95 PCT AT END-DEC.* NET INTEREST INCOME 274 MLN EUROS IN Q1 VS 293 MLN EUROS IN Q1 2018.* NET FEES 193 MLN EUROS IN Q1 VS 198 MLN EUROS IN Q1 2018.* NET LOAN WRITEDOWNS 73 MLN EUROS IN Q1 VS 24 MLN EUROS IN Q1 2018.* GROSS NPE RATIO 13.8 PCT AT END-MARCH IN LINE WITH END-2018 LEVEL.* BPER BANCA CONFIRMS TARGET OF GROSS NPE RATIO OF AROUND 11.5 PCT AT END-2019.* BPER BANCA CEO SAYS INVESTMENT IN CARIGE'S HYBRID BOND FULLY WRITTEN DOWN.  Full Article

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

Italy - Factors to watch on July 19

The following factors could affect Italian markets on Friday.