BNCZF News and Press, Banco BPM Societa Per Azioni

2023-08-11 10:00:00 ET Summary The Italian government has decided to go ahead with a windfall tax on banks, causing shockwaves in the Italian banking sector as soon as the initial draft circulated. The draft is yet to sign into law, and the Finance Ministry has already been workin...

Beat to consensus on revenue growth and lower cost of risk. Strong performance in its home market but also in Italy. Supportive valuation based on its TBV. Already ahead of its internal forecast estimates. Our readers know that we intensively follow the European bank env...

Banco BPM may become an acquisition target in the future. Following AXA's interest and after the Banco BPM stock price fell off, we believe the buy & built strategy for the Italian peninsula could accelerate. After the Ambitious plan target, we confirm our buy rating. ...

Our preferred metrics on how to value a retail bank. Commenting the latest Crédit Agricole acquisition. In a commoditized business, efficiency is a future key of success. For further details see: Commenting On The Latest Italian Acquisition Of Credit Agricole

Italy-based Banco BPM SpA (OTC:BNCZF) (OTC:BNNCY) is exploring a potential sale or partnership for its payments unit to boost shareholder value, Bloomberg reported Friday. “We are examining all the options for our merchant-acquiring business, including a disposal or a joint venture agr...