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Credito Emiliano SpA (EMBI.MI)

EMBI.MI on Milan Stock Exchange

7.49EUR
24 Oct 2017
Change (% chg)

€-0.03 (-0.40%)
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€7.53
Open
€7.49
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€7.45
Volume
1,161
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97,459
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€7.69
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€4.80

Latest Key Developments (Source: Significant Developments)

Credem H1 net profit up at EUR 101.3 mln
Thursday, 3 Aug 2017 11:36am EDT 

Aug 3 (Reuters) - CREDITO EMILIANO SPA ::H1 NET PROFIT EUR 101.3 MILLION VERSUS EUR 70.4 MILLION YEAR AGO.H1 OPERATING INCOME EUR 593.4 MILLION VERSUS EUR 560.6 MILLION YEAR AGO.CET1 RATIO AT JUNE 30 OF 13.02 PERCENT.  Full Article

Credito Emiliano issues subordinated Tier 2 bonds for EUR 100 mln
Monday, 3 Jul 2017 05:17am EDT 

July 3 (Reuters) - CREDITO EMILIANO SPA ::ISSUES SUBORDINATED CLASS BONDS 2 (TIER 2) FOR A TOTAL NOMINAL VALUE OF 100 MILLION EUROS TO BE QUOTED ON REGULATED MARKET IN LUXEMBOURG.BONDS HAVE A FINAL MATURITY OF 10 YEARS AND GROSS ANNUAL FIXED COUPON OF 3.625%.  Full Article

CREDEM Q1 net profit up at EUR 49.0 million
Thursday, 11 May 2017 12:11pm EDT 

May 11 (Reuters) - CREDITO EMILIANO SPA ::Q1 NET PROFIT EUR 49.0 MILLION VERSUS EUR 46.6 MILLION YEAR AGO.Q1 OPERATING INCOME EUR 298.9 MILLION VERSUS EUR 288.7 MILLION YEAR AGO.  Full Article

Credito Emiliano 2016 dividend stable versus 2015 - slide
Thursday, 9 Feb 2017 04:41am EST 

Italy's Credito Emiliano: dividend payout over 2016 results stable versus 2015 - slide Further company coverage: [EMBI.MI] (Reporting by Milan newsroom).  Full Article

Credem 2016 net profit down 21 pct on rescue fund contributions
Wednesday, 8 Feb 2017 12:45pm EST 

Credito Emiliano says: Phased-in CET1 ratio at end-2016 at 13.15 percent, fully phased at 11.9 pct . 2016 net profit 132 mln euros, down from 166 mln euros in 2015 hit by contributions to banking rescue funds . Net interest income up 4 pct y-o-y, services income down 5.5 pct y-o-y . Loan writedowns fell 35.2 percent y-o-y to 74 mln euros . Paid 37 mln euro gross contribution to national resolution fund and deposit guarantee fund . Invested 40 mln euros in information technologies . Direct funding from clients up 10 pct year-on-year . Client loans up 4.6 pct year-on-year Further company coverage: [EMBI.MI] (Reporting by Milan Newsroom).  Full Article

Credem says ECB lowered capital requirement to 6.75 pct
Monday, 12 Dec 2016 06:19am EST 

Credito Emiliano says: It received on Monday the ECB's final SREP decision lowering the bank-specific minimum capital requirement to 6.75 percent for 2017 from 7 percent . That compares with a CET1 ratio of 13.51 percent at end-September for the group Further company coverage: [EMBI.MI] (Reporting by Milan Newsroom).  Full Article

Credem says does not see significant value in M&A at present
Friday, 5 Aug 2016 04:55am EDT 

Credito Emiliano top executive tells analyst call: Willing to assess opportunities but does not believe that M&A could significantly increase value for bank's shareholders Further company coverage: [EMBI.MI] (Reporting by Milan Newsroom).  Full Article

Credem says H1 net falls on lower trading profit, fees
Thursday, 4 Aug 2016 02:28pm EDT 

Credito Emiliano says: First-half net profit at 70 million euros, down 41 percent from previous year when result was helped by one-off gain from government bond sale . First-half interest income up 5 percent year-on-year, trading profit down 8 percent, net fees down 9 percent . Loan writedowns 31.5 million euros in the period, down 51 percent from H1 2015 . Fully-phased CET1 ratio 13.4 percent at end-June . Bad loan coverage ratio 61 percent Further company coverage: [EMBI.MI] (Reporting by Milan Newsroom).  Full Article

Credem Q1 net profit falls to EUR 46.6 mln
Thursday, 12 May 2016 12:01pm EDT 

Credito Emiliano SpA : Q1 operating income 288.7 million euros ($328.34 million) versus 402.4 million euros a year ago .Q1 net profit 46.6 million euros versus 84.0 million euros a year ago.  Full Article

BRIEF-Credem H1 net profit up at EUR 101.3 mln

* H1 NET PROFIT EUR 101.3 MILLION VERSUS EUR 70.4 MILLION YEAR AGO