Satisfaction at Banco Bpm which closed the first half of the year with a profit of 624 million euros, up 77.9% on the same period of 2022. The result, higher than analysts’ expectations, represents the “best semester ever,” explains the bank in a note. Banco Bpm can thus revise the 2023 profit target, raised above 1.2 billion euro, equal to at least 0.8 euro per share compared to the previous guidance of 0.75 euro and further up to 0.9 euros in 2024.
The new business plan will update the shareholders’ remuneration targets “reflecting the positive results achieved in terms of profitability and organic capital creation”.
2023-08-03 11:24:27
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