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

Q2 2023 Bper Banca SpA Earnings Call (English, Italian) Transcript

Aug 02, 2023 / 05:00PM GMT
Release Date Price: €3.01 (-2.66%)
Operator

[Interpreted] Good morning. Good afternoon. This is the Chorus Call conference operator. Welcome and thank you for joining the conference call on the BPER Group's First Half 2023 Consolidated Results. (Operator Instructions)

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

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

[Interpreted] Thank you. Good evening, everybody. It's been a longer day today. So for sure, it has been a long day for all of you, but it was for us in particular. Good evening and welcome everybody. What I would like to start with is by saying that we're very happy and proud with this result, our best ever first half. Our 6 month results are extremely positive. Our core business profitability has grown. Further improvement is registered in credit quality, combined with a sound capital and liquidity position. The second quarter closed successfully with a net profit of approximately EUR 414 million, which is 42.4% on the first quarter of this year

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