BPER Banca SpA (MIL:BPE)
€ 4.996 0.238 (5%) Market Cap: 7.06 Bil Enterprise Value: 8.43 Bil PE Ratio: 4.21 PB Ratio: 0.68 GF Score: 51/100

Preliminary Q4 2022 Bper Banca SpA Earnings Call Transcript

Feb 08, 2023 / 05:00PM GMT
Release Date Price: €2.55 (-1.39%)
Operator

Good evening. This is the Chorus Call conference call. Welcome, and thank you for joining the conference call on the full year 2022 consolidated results of the BPER Banca Group. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Piero Luigi Montani, CEO of the BPER Banca Group. Please go ahead, sir.

Piero Luigi Montani
BPER Banca SpA - CEO, GM & Director

Thank you. Thank you very much for joining. And I would like to give you a short overview of the results we achieved in 2022, which was a particularly significant year for BPER Banca, marked by important accomplishments as we saw in the previous quarters that we illustrated. The last part of the year closed with extremely positive results with improving profitability, a very good improvement in credit quality. And as far as profitability is concerned, the year closed with a profit of EUR 1.449 billion, including EUR 946.2 million worth of nonrecurring items that are primarily accounted for by the badwill, recognized following the acquisition of Carige.

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot