Banca Monte dei Paschi Stock (OTC: BMDPF)

Latest news for Banca Monte dei Paschi (OTC:BMDPF) Stock

Banca Monte dei Paschi di Siena S.p.A. is a banking group operating primarily in Italy, and mainly providing traditional retail and commercial banking services. The group is also active in other business areas such as leasing, factoring, corporate finance, and investment banking through its various subsidiaries. A majority of the group's net revenue is net interest income, followed by net fees and commission income. Loans to customers overwhelmingly constitute a majority of the bank's earning assets, approximately half of which are mortgages. The company's segment includes Retail banking, Wealth Management, Corporate banking, and Large Corp. & Investment Banking. The company generates major revenue from Retail and corporate banking segment.

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Earnings

Monte Paschi Posts Q3 Net Loss

BANCA MONTE PASCHI by Banca Monte Dei Paschi S.p.a.

Banca Monte dei Paschi di Siena

Italy's bank Banca Monte dei Paschi di Siena (OTC: <a class="ticker" href="/stock/bmdpf#OTC">BMDPF</a>) posted a net loss in the third quarter. 

Monte dei Paschi posted a quarterly net loss of 47.4 million euros ($60.25 million), versus a year-ago net profit of 42.2 million euros.

Italy's third-largest bank Banca Monte dei Paschi di Siena SpA (OTC: BMDPF) posted a net loss of EUR4.69 billion in 2011.

For the quarter, Banca Monte dei Paschi posted a net loss of EUR4.99 billion, versus a year-ago net profit of EUR628.60 million.

Banca Monte dei Paschi Reports Loss

Banca Monte dei Paschi

Italy's bank Banca Monte dei Paschi di Siena (OTC: <a class="ticker" href="/stock/bmdpf#OTC">BMDPF</a>) posted a net loss in the third quarter. 

Monte dei Paschi posted a quarterly net loss of 47.4 million euros ($60.25 million), versus a year-ago net profit of 42.2 million euros.

Italy's third-largest bank Banca Monte dei Paschi di Siena SpA (OTC: BMDPF) posted a net loss of EUR4.69 billion in 2011.

For the quarter, Banca Monte dei Paschi posted a net loss of EUR4.99 billion, versus a year-ago net profit of EUR628.60 million.


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