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Banca Popolare di Sondrio ScpA (BPSI.MI)

BPSI.MI on Milan Stock Exchange

3.47EUR
11:35am EDT
Change (% chg)

€0.09 (+2.66%)
Prev Close
€3.38
Open
€3.39
Day's High
€3.50
Day's Low
€3.36
Volume
836,535
Avg. Vol
729,914
52-wk High
€3.50
52-wk Low
€2.09

Latest Key Developments (Source: Significant Developments)

BRIEF-Popolare Sondrio 2016 net income down 24 pct
Thursday, 9 Feb 2017 11:13am EST 

Banca Popolare Di Sondrio says: 2016 net income 98.6 million euros down from 129.3 mln euros in 2015 hit . Net interest income down 12.7 pct y-o-y, fees down 3.4 percent . Wrote down client loans by 250 million euros, 36 pct less than a year before. Cost of credit down to 0.99 pct from 1.63 pct . Problem loan coverage ratio 46.2 pct up from 44.5 pct. Bad loan coverage ratio 63.4 pct from 61.9 pct . Phased-in CET1 ratio 11.09 percent at end-2106 . 2016 net writedowns 278.5 million euros, down 32 percent . Paid 26.4 million euro extraordinary contribution to resolution fund on top of 11.2 million euro ordinary contribution and 7.4 million euros to deposit guarantee fund .Wrote down stake in rescue fund Atlante by 13.95 million euros to which it had committed to contribute 50 million euros.  Full Article

Popolare Sondrio 2016 net income down 24 pct
Thursday, 9 Feb 2017 11:13am EST 

Banca Popolare Di Sondrio says: 2016 net income 98.6 million euros down from 129.3 mln euros in 2015 hit . Net interest income down 12.7 pct y-o-y, fees down 3.4 percent . Wrote down client loans by 250 million euros, 36 pct less than a year before. Cost of credit down to 0.99 pct from 1.63 pct . Problem loan coverage ratio 46.2 pct up from 44.5 pct. Bad loan coverage ratio 63.4 pct from 61.9 pct . Phased-in CET1 ratio 11.09 percent at end-2106 . 2016 net writedowns 278.5 million euros, down 32 percent . Paid 26.4 million euro extraordinary contribution to resolution fund on top of 11.2 million euro ordinary contribution and 7.4 million euros to deposit guarantee fund .Wrote down stake in rescue fund Atlante by 13.95 million euros to which it had committed to contribute 50 million euros.  Full Article

Italy's Popolare di Sondrio Q1 net profit falls to 22 mln euros
Thursday, 12 May 2016 11:47am EDT 

Italy's Popolare Di Sondrio says: Q1 net profit 22.1 million euros vs 82.8 million a year earlier .CET 1 ratio 10.5 pct at end-March.  Full Article

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