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MarketScreener Homepage  >  Equities  >  Italian Stock Exchange  >  Banco BPM S.p.A.    BAMI   IT0005218380

BANCO BPM S.P.A.

(BAMI)
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December 03, 2020 - Non price sensitiveBanco BPM: Meeting with Trade Unions to optimize the branch network and generational turnover

12/03/2020 | 04:45am EST

NEWS RELEASE

Banco BPM: Meeting with Trade Unions to optimize the branch network and

generational turnover

Milan, 2 December 2020 - Banco BPM this morning has met the company Trade Union representatives following the decision to close 300 small branches.

The aim is to strengthen the larger branches to offer clients higher-value advisory and consulting assistance and more services, amid the development trend of digital banking and the erosion of purely transaction banking.

Banco BPM reaffirms its intention to safeguard its presence in its served markets.

In the same meeting a process was kicked off to allow 1500 eligible colleagues - on a voluntary basis - to gain access to the extraordinary benefits of the credit sector Solidarity Fund.

Besides favoring generational turnover, so as to ensure an ever-growing service quality, an array of vocational retraining programs is in the pipeline to strengthen the skills of our people in light of the changing backdrop.

Contacts:

Investor Relations

Communications

Media Relations

Roberto Peronaglio

Matteo Cidda

Monica Provini

+39 02.94.77.2108

+39 02.77.00.7438

+39 02.77.00.3515

investor.relations@bancobpm.it

matteo.cidda@bancobpm.it

monica.provini@bancobpm.it

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Banco BPM S.p.A. published this content on 03 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 December 2020 09:44:07 UTC


© Publicnow 2020
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Sales 2020 4 183 M 5 061 M 5 061 M
Net income 2020 166 M 201 M 201 M
Net Debt 2020 - - -
P/E ratio 2020 21,1x
Yield 2020 0,80%
Capitalization 2 824 M 3 423 M 3 416 M
Capi. / Sales 2020 0,68x
Capi. / Sales 2021 0,70x
Nbr of Employees 21 752
Free-Float 94,6%
Chart BANCO BPM S.P.A.
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Banco BPM S.p.A. Technical Analysis Chart | MarketScreener
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Technical analysis trends BANCO BPM S.P.A.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 14
Average target price 2,01 €
Last Close Price 1,87 €
Spread / Highest target 33,6%
Spread / Average Target 7,25%
Spread / Lowest Target -11,8%
EPS Revisions
Managers and Directors
NameTitle
Giuseppe Castagna Chief Executive Officer & Executive Director
Massimo Tononi Chairman
Giovanni Sordello Head-Operations, Real Estate & Purchasing
Edoardo Maria Ginevra Chief Financial Officer
Anna Maria Ricco Head-Information Technology
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