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Poste Italiane S.p.A. (PITAF)

OTC Markets OTCPK - OTC Markets OTCPK Delayed price. Currency in USD
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13.470.00 (0.00%)
At close: 04:00PM EDT
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Trade prices are not sourced from all markets
Previous close0.00
Bid12.95 x 36200
Ask13.45 x 39400
Day's range13.47 - 13.47
52-week range8.86 - 13.50
Avg. volume42
Market cap17.454B
Beta (5Y monthly)0.89
PE ratio (TTM)8.47
EPS (TTM)1.59
Earnings date29 July 2024
Forward dividend & yield0.86 (6.39%)
Ex-dividend date24 June 2024
1y target estN/A
  • Reuters

    Italy picks KPMG to value digital payment platform PagoPA, sources say

    Italy's Treasury has picked accounting firm KPMG to put a price tag on PagoPA, a company handling digital payments to the public administration, as it prepares to sell the business to the state mint and postal service Poste Italiane, people close to the matter said. The prospect of PagoPA changing hands, though it would remain under state-controlled entities, has spread alarm in Italy's crowded banking sector, where many small lenders are struggling to keep up with rapid changes in the payments sector. Banks look with concern at the increasing presence of non-bank digital payment providers such as Apple, Google-owner Alphabet or PayPal, and fear that Poste could use PagoPA to strengthen its position in the digital payments market.