|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||2.8550 - 2.8550|
|52-week range||1.6300 - 3.1000|
|Beta (5Y monthly)||1.71|
|PE ratio (TTM)||12.63|
|Forward dividend & yield||0.09 (2.99%)|
|Ex-dividend date||22 Nov 2021|
|1y target est||N/A|
Does Intesa Sanpaolo SpA (ISNPY) have what it takes to be a top stock pick for momentum investors? Let's find out.
MILAN (Reuters) -An Italian court on Friday acquitted the former top executives of UBI Banca in a trial over alleged governance irregularities at the regional bank, which is now part of the Intesa Sanpaolo group. Former UBI CEO Victor Massiah and Intesa Sanpaolo's Honorary Chairman Giovanni Bazoli were both acquitted together with another 27 people on trial due to accusations they obstructed regulators, two attorneys who were in the room told Reuters.
MILAN (Reuters) -Italy's top bank Intesa Sanpaolo raised its full-year profit estimate after stronger-than-forecast second-quarter earnings, and said it planned to return 3.3 billion euros ($3.9 billion) to shareholders later this year. Intesa, which last year secured a fifth of Italy's banking market by taking over rival UBI, has along with other lenders across Europe reported shrinking charges against loan losses and rebounding net fees as the coronavirus crisis eases. With COVID-related payout curbs due to end on Sept. 30, Intesa said it would distribute cash reserves of 1.9 billion euros from 2020 results, after paying 694 million euros in dividends in May.