Previous Close | 2.4495 |
Open | 2.4625 |
Bid | 2.4515 x 0 |
Ask | 2.4535 x 0 |
Day's Range | 2.4490 - 2.4630 |
52 Week Range | 1.6540 - 2.6440 |
Volume | |
Avg. Volume | 83,530,691 |
Market Cap | 45.426B |
Beta (5Y Monthly) | 1.39 |
PE Ratio (TTM) | 7.43 |
EPS (TTM) | 0.3300 |
Earnings Date | Nov 03, 2023 |
Forward Dividend & Yield | 0.24 (9.87%) |
Ex-Dividend Date | May 22, 2023 |
1y Target Est | 3.40 |
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Italian challenger bank Banca Progetto is aiming to list on the Milan stock exchange by the first quarter of next year, two sources close to the matter said on Tuesday. The bank is working with banks Citi, Intesa Sanpaolo and UBS as well as advisory firm STJ Advisors to join a market segment known as STAR which requires companies to have a 35% minimum free float, the sources said. Banca Progetto reported net earnings of 38 million euros ($40.6 million) in the first six months of this year.
MILAN (Reuters) -Italy's biggest bank Intesa Sanpaolo is getting closer to securing approval from Moscow to transfer its Russian business to local management, a source close to the matter said, as the country's stance on asset disposals shifts. Intesa has said in the past that it was working "to select counterparties" to offload its Russian business to, but it has not disclosed progress on the matter. A spokesperson for Intesa Sanpaolo declined to comment.
Italian bank stocks recovered some ground Wednesday, after the government partially walked back a [plan to tax lenders](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-08-08-2023/card/italian-bank-stocks-fall-on-windfall-tax-plan-6DhvUiwI7R0uT81zFvrE?siteid=yhoof2&yptr=yahoo) on profits from rising interest rates.