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BAMI - Banco BPM SpA News Story

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Sector
Financials
Size
Mid Cap
Market Cap £1.92bn
Enterprise Value £14.82bn
Revenue £4.67bn
Position in Universe 93rd / 717

BRIEF-Banco BPM Q2 Net Result Turns To Loss Of EUR 46.4 Mln

Thu 6th August, 2020 5:27pm
Aug 6 (Reuters) - Banco BPM SpA  BAMI.MI :
    * Q2 NET LOSS EUR 46.4 MILLION VERSUS PROFIT EUR 447.6
MILLION
YEAR AGO
    * Q2 NET COMMISSIONS EUR 376.4 MILLION VERSUS EUR 453.7
MILLION
YEAR AGO
    * PHASED IN CET1 RATIO AT 14.7% AT END-JUNE
    * NON-PERFORMING EXPOSURE RATIO AT 5.0% AT END-JUNE
    * Q2 NET INTEREST INCOME EUR 479.5 MILLION VERSUS EUR 512.1
MILLION YEAR AGO
    * FULLY PHASED CET1 RATIO AT END-JUNE AT 13.3%
    * OBJECTIVES OF STATEGIC PLAN 2020-23 ARE NOT TO BE
CONSIDERED
ANYMORE
    * Q2 LOAN WRITEDOWNS EUR 263.0 MILLION
    * GROUP TO ISSUE NEW STRATEGIC PLAN AS SOON AS SITUATION IS
MORE
DEFINED

Source text for Eikon:  urn:newsml:reuters.com:*:nBIA7nNvJm
Further company coverage:  BAMI.MI 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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