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Income Statements: Banco Popolare Sc (BAPO.MI)

BAPO.MI on Milan Stock Exchange

9 Dec 2016
Change (% chg)

€-0.09 (-3.93%)
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Interim Income Statement
View: AnnualInterim

In Millions ofEuro
(except for per share items)
Period Length
3 Months
Interest Income, Bank 323.6
Total Interest Expense --
Net Interest Income 323.6
Loan Loss Provision 720.0
Net Interest Inc. After Loan Loss Prov. (396.4)
Non-Interest Income, Bank 452.9
Non-Interest Expense, Bank (558.9)
Net Income Before Taxes (502.3)
Provision for Income Taxes (156.6)
Net Income After Taxes (345.7)
Minority Interest 14.7
Equity In Affiliates --
U.S. GAAP Adjustment --
Net Income Before Extra. Items (331.0)
Accounting Change --
Discontinued Operations 0.0
Extraordinary Item --
Tax on Extraordinary Items --
Net Income (331.0)
Preferred Dividends --
General Partners' Distributions --
Miscellaneous Earnings Adjustment (1.2)
Pro Forma Adjustment --
Interest Adjustment - Primary EPS --
Income Available to Com Excl ExtraOrd (332.2)
Income Available to Com Incl ExtraOrd (332.2)
Basic Weighted Average Shares 825.70
Basic EPS Excluding Extraordinary Items (0.402)
Basic EPS Including Extraordinary Items (0.402)
Dilution Adjustment --
Diluted Weighted Average Shares 825.70
Diluted EPS Excluding ExtraOrd Items (0.402)
Diluted EPS Including ExtraOrd Items (0.402)
DPS - Common Stock Primary Issue 0.000
Gross Dividends - Common Stock 0.0
Total Special Items --
Normalized Income Before Taxes (502.3)
Effect of Special Items on Income Taxes --
Inc Tax Ex Impact of Sp Items (156.6)
Normalized Income After Taxes (345.7)
Normalized Inc. Avail to Com. (332.2)
Basic Normalized EPS (0.402)
Diluted Normalized EPS (0.402)

Banco Popolare sees no major changes to NPL coverage levels in BPM merger

MILAN, Nov 23 Italy's Banco Popolare said on Wednesday it did not expect to have to significantly raise bad loan coverage levels above targets already set under the plan for its merger with rival Banca Popolare di Milano .