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Unipol Gruppo SpA (UNPI.MI)

UNPI.MI on Milan Stock Exchange

4.53EUR
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Latest Key Developments (Source: Significant Developments)

Bper top investor says cannot be involved in Carige rescue - paper
Wednesday, 3 Jul 2019 01:30am EDT 

July 3 (Reuters) - Unipol Group CEO Carlo Cimbri tells Il Sole 24 Ore in an interview::UNIPOL GROUP HAS INCREASED ITS STAKE IN BPER BANCA TO 19.9%.CARIGE MUST BE TAKEN OVER BY ANOTHER BANK, CONDITIONS ARE NOT IN PLACE FOR BPER TO GET INVOLVED NOW.ITALY NEEDS ANOTHER LARGE DOMESTIC LENDER BESIDES INTESA, BUT IT IS TOO EARLY TO TALK ABOUT CONSOLIDATION .  Full Article

Unipol Gruppo Says Board Approved Strategic Plan For 2019-2021
Friday, 10 May 2019 12:46am EDT 

May 10 (Reuters) - Unipol Gruppo SpA ::SAYS BOARD APPROVED STRATEGIC PLAN FOR 2019-2021 THREE-YEAR PERIOD AND CONSOLIDATED RESULTS AS AT 31 MARCH 2019.SEES 2019-2021 FINANCIAL TARGETS OF CUMULATIVE NET PROFIT OF EUR 2.0 BILLION.QTRLY CONSOLIDATED NET PROFIT OF EUR 171 MILLION.  Full Article

BPER could speed up 2021 bad loan target, will know after Q3-CEO
Thursday, 9 May 2019 01:00pm EDT 

May 9 (Reuters) - BPER Banca Alessandro Vandelli tells analyst call::POSITIVE ON POSSIBILITY OF ACCELERATING 2021 GROSS NPE TARGET OF 9 PERCENT, WILL HAVE CLEARER VIEW TOWARDS YEAR-END.WILL HAVE NECESSARY ELEMENTS TO DECIDE ON BAD LOAN DISPOSALS ONLY AFTER COMPLETING TRANSACTION WITH UNIPOL IN Q3.CONSIDERING USING BADWILL FROM UNIPOL DEAL TO RAISE PROVISIONS AND EASE SALES.  Full Article

BPER Banca CEO says important to lower gross NPE ratio below 10 pct quickly
Friday, 8 Feb 2019 05:03am EST 

Feb 8 (Reuters) - BPER Banca CEO Alessandro Vandelli says::CONFIRMS TARGET FOR A CET1 RATIO OF 11.5 PERCENT AT END 2019.BANK WORKING TO UPDATE NPL SALE PLAN BY MARCH.IT IS IMPORTANT TO BRING BANK'S GROSS NPE RATIO BELOW 10 PERCENT AS QUICKLY AS POSSIBLE.  Full Article

BPER CEO confident bank can further improve the NPE ratio
Friday, 8 Feb 2019 03:37am EST 

Feb 8 (Reuters) - BPER Banca CEO Alessandro Vandelli says::BANK ABLE TO IMPROVE FURTHER THE NPE RATIO.CONFIRMS COST OF RISK GUIDELINE FOR CURRENT YEAR OF 50-60 BASIS POINTS.  Full Article

BPER To Own 100 Pct Of Banco di Sardegna Ordinary Shares
Friday, 8 Feb 2019 01:34am EST 

Feb 8 (Reuters) - Bper ::BOARD APPROVES ACQUISITION OF MINORITY STAKE IN BANCO DI SARDEGNA.ALL BANCO DI SARDEGNA ORDINARY AND PREFERRED SHARES OWNED BY FONDAZIONE DI SARDEGNA TO BE TRANSFERRED TO BPER.SHARES IN BANCO DI SARDEGNA TO BE EXCHANGED FOR 33 MILLION NEWLY ISSUED BPER SHARES AND CONVERTIBLE INSTRUMENT.NOMINAL VALUE OF SHARES AND CONVERTIBLE INSTRUMENT TO BE ISSUED BY BPER AMOUNTS TO EUR 150 MILLION.STAKE IN BANCO DI SARDEGNA TO HAVE POSITIVE IMPACT ON FULLY PHASED CET1 AND TIER 1 RATIOS OF +50 BPS AND +90 BPS.SEES POTENTIAL GROSS SYNERGIES OF ABOUT €85-95 MILLION PER YEAR FROM TRANSACTIONS WITH UNIPOL GROUP.SEES INCREASE OF 2021 EARNINGS PER SHARE BY +33% THANKS TO TRANSACTIONS WITH UNIPOL, BANCO DI SARDEGNA.SEES IMPROVEMENT OF GROSS NPE RATIO TO 11.6% PRO-FORMA THANKS TO TRANSACTIONS WITH UNIPOL, BANCO DI SARDEGNA.ESTIMATES PRO-FORMA CET1 RATIO AND TIER 1 RATIO FULLY PHASED AT 11.4% AND 11.8% THANKS TO THE TWO TRANSACTIONS.FONDAZIONE DI SARDEGNA CURRENTLY OWNS 49.0% OF BANCO DI SARDEGNA ORDINARY SHARES AND 36.9% OF ITS PREFERENCE SHARE CAPITAL‍​.  Full Article

Unipol Gruppo Q1 Normalized Net Profit At EUR 163 Mln
Friday, 11 May 2018 12:55am EDT 

May 11 (Reuters) - Unipol Gruppo SpA ::Q1 NORMALIZED NET PROFIT EUR 163 MILLION VERSUS EUR 157 MILLION YEAR AGO.Q1 DIRECT INSURANCE PREMIUMS NET OF POPOLARE VITA EUR 3.2 BILLION.CONSOLIDATED SOLVENCY RATIO AT END-MARCH 181%.DIRECT BUSINESS COMBINED RATIO AT END-MARCH 94.1%.  Full Article

Unipol Group CEO doesn't see any M&A deals for Unipol Banca for now
Monday, 23 Apr 2018 09:29am EDT 

April 23 (Reuters) - Unipol Group Chief Executive Carlo Cimbri says: :DOES NOT SEE ANY M&A DEALS FOR UNIPOL BANCA AT THE MOMENT.SOLUTION FOR UNIPOL BANCA IS INTEGRATION WITH ANOTHER BANK, WHICH HAS NOT YET BEEN INDENTIFIED.  Full Article

Unipol Gruppo: Banking Business Is "Potentially" Mergeable - Conf Call
Friday, 9 Feb 2018 06:50am EST 

Feb 9 (Reuters) - UNIPOL GRUPPO SPA ::BANKING BUSINESS IS "POTENTIALLY" MERGEABLE - CONF CALL.  Full Article

Unipol Gruppo FY Prelim. Net Premiums Down At EUR 11.26 Bln
Friday, 9 Feb 2018 12:49am EST 

Feb 9 (Reuters) - UNIPOL GRUPPO SPA ::FY PRELIM NET PREMIUMS EUR 11.26 BILLION VERSUS EUR 13.79 BILLION YEAR AGO.FY PRELIM NET LOSS (GROUP SHARE) EUR 345.8 MILLION VERSUS PROFIT EUR 329.6 MILLION YEAR AGO.FY PRELIM ADJUSTED CONSOLIDATED NET PROFIT OF EUR 655 MILLION WITHOUT ONE-OFF EFFECTS OF RESTRUCTURING PLAN.EXPECTED DIVIDEND OF EUR 0.18 PER SHARE.BANKING BUSINESS RESTRUCTURING CONCLUDED: GOOD BANK IN OPERATION FROM FEB 1 2018.  Full Article