Intesa Sanpaolo S.p.A. (IES.DE)
| Previous Close | 3.4975 |
| Open | 3.5280 |
| Bid | 3.5385 x 2000000 |
| Ask | 3.5495 x 100 |
| Day's Range | 3.5190 - 3.5560 |
| 52 Week Range | 2.1380 - 3.5595 |
| Volume | |
| Avg. Volume | 47,940 |
| Market Cap | 65.024B |
| Beta (5Y Monthly) | 1.34 |
| PE Ratio (TTM) | 8.47 |
| EPS (TTM) | 0.4200 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.30 (8.46%) |
| Ex-Dividend Date | May 20, 2024 |
| 1y Target Est | N/A |
- Reuters
Italy's Intesa Sanpaolo, Coima sign real estate deal
Intesa San Paolo has agreed to transfer a 500 million euro ($537 million) property portfolio to investment vehicles managed by real estate firm Coima, Italy's largest bank said on Friday. The move is part of Intesa's "smart management" strategy for its real estate assets, aimed at enlarging its main offices but downsizing the total surface area of its other Italian properties. "The agreement with Intesa Sanpaolo is an important result in the path undertaken (by Coima) and is an accelerator for growth, following our shared objectives," Coima CEO Manfredi Catella said.
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ReutersIntesa books 66 million euros impairment on Intrum venture
Intesa Sanpaolo has booked an impairment on its joint venture with Sweden's Intrum, Europe's biggest debt collector, in a move that highlights the challenges facing the bad loan recovery industry. In its full year report, Intesa said it had reduced by 66 million euros ($71 million) the book value of its stake in the joint venture it struck with Intrum back in 2018. At the time, Intesa merged is loan collection business with the one Intrum owned in Italy in a deal that allowed the bank to shed a nominal 10.8 billion euros in bad debts.
