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Added to YB: 2025-03-17

Pitch date: 2024-12-31

BMPS.MI [bullish]

Banca Monte dei Paschi di Siena S.p.A.

+5.04%

current return

Author Info

No bio for this author

Company Info

Banca Monte dei Paschi di Siena S.p.A., together with its subsidiaries, engages in the provision of retail and commercial banking services in Italy.

Market Cap

EUR 8.8B

Pitch Price

EUR 6.86

Price Target

N/A

Dividend

3.59%

Sector

Banks

Category

dividend

Show full summary:
Ariel Global Fund New Position: Banca Monte dei Paschi di Siena S.p.A.

BMPS.MI (new position): Italian bank beat Q3, raised guidance. Gov't sold stake. Reduced rate sensitivity, improved asset quality for LT earnings stability. 75% payout ratio, highest EU bank cash yield. Upside from favorable rates, strong capital, trading book, potential sector consolidation.

Read full article (1 min)