Mediobanca Banca di Credito Finanziario S.p.A. (MDIBY)
| Previous close | 14.61 |
| Open | 14.62 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 14.50 - 14.62 |
| 52-week range | 10.26 - 15.14 |
| Volume | |
| Avg. volume | 4,216 |
| Market cap | 12.211B |
| Beta (5Y monthly) | 1.12 |
| PE ratio (TTM) | 10.58 |
| EPS (TTM) | 1.37 |
| Earnings date | N/A |
| Forward dividend & yield | 0.92 (6.35%) |
| Ex-dividend date | 20 Nov 2023 |
| 1y target est | N/A |
ReutersMediobanca profit tops forecast as wealth management shift advances
MILAN (Reuters) -Italy's Mediobanca posted a better-than-expected first-half net profit on Friday, as higher interest rates boosted income from lending and a renewed focus on wealth management paid off. The bank, with a financial year running from July to June, is "fully on track" to meet targets set out in the strategy to 2026 it presented in May, Chief Executive Alberto Nagel told a press briefing. "These results are not only improving, they represent the new vision of the group .... Our growth has been solid and very effective in terms of capital generation and absorption," he said.
- Reuters
Infrastructure funds prepare sales of airports in UK and Italy-sources
A group of infrastructure investors around Europe are working on the sale of their stakes in European airports, leveraging on the recovery of travel in the wake of the COVID-19 pandemic, according to bankers, investors and industry sources. Its owner Global Infrastructure Partners (GIP) is working on the sale of its majority stake in a process that may value the airport at over 2.5 billion euros ($2.72 billion), according to two sources close to the situation, who spoke on condition of anonymity because the process is private. AGS Airports, which oversees operations at Aberdeen, Glasgow, and Southampton airports and is owned by Macquarie and Ferrovial, may also follow, according to two people with knowledge of the plans.
ReutersTwo U.S. funds to vote Mediobanca outgoing board's slate for board renewal
The U.S. funds CalSTRS and New York City Comptroller said on Thursday they would vote in favour of the outgoing board's slate of nominees for the new Mediobanca board at the bank's annual meeting this month. Mediobanca's outgoing board has proposed 15 members, including a new term for current CEO Alberto Nagel and Chairman Renato Pagliaro ahead of the Oct. 28 meeting. The two funds did not disclose their stakes in Mediobanca.
