Latest news with #AnimaHolding
Yahoo
7 days ago
- Business
- Yahoo
Banco BPM profit jumps on Anima boost after UniCredit drops bid
--Banco BPM reported a jump in second-quarter profit on Tuesday, helped by fees from its newly acquired asset manager Anima Holding. It reaffirmed its full-year guidance after fending off a takeover attempt by UniCredit. The bank posted net profit of €703.8 million ($815 million) for the quarter, up from €380 million a year earlier and ahead of some analyst forecasts. The results mark the first quarter to include contributions from Anima, which Banco BPM acquired as it sought to block UniCredit's approach. Revenue came in at €1.55 billion, in line with expectations. A 9.6% rise in fee income helped offset a 3.9% drop in net interest income, reflecting pressure from lower interest rates. Related articles Banco BPM profit jumps on Anima boost after UniCredit drops bid Surge of 50% since our AI selection, this chip giant still has great potential Apollo economist warns: AI bubble now bigger than 1990s tech mania
Reuters
05-08-2025
- Business
- Reuters
Banco BPM profit beats forecasts with Anima boost after UniCredit drops bid
MILANO, Aug 5 (Reuters) - Banco BPM ( opens new tab on Tuesday reported higher then expected quarterly earnings helped by fees earned through newly acquired fund manager Anima Holding, and confirmed the full-year outlook after staving off a takeover by lager peer UniCredit ( opens new tab. Earnings for the three months through June are the first set of figures to include Anima, which Banco BPM managed to buy as it strived to fend off UniCredit's bid. UniCredit ( opens new tab last month dropped its takeover bid for Italy's third largest bank after running into government opposition. Banco BPM said second-quarter net profit stood at 703.8 million euros ($815 million), up from 380 million a year earlier and above an LSEG consensus estimate of 646 million euros. Revenues met expectations at 1.55 billion euros with a 9.6% rise in fees which more than offset a 3.9% decline in net interest income amid lower interest rates. ($1 = 0.8639 euros)
Yahoo
24-06-2025
- Business
- Yahoo
3 European Dividend Stocks With Yields Up To 7.4%
As European markets navigate a landscape marked by geopolitical tensions and economic uncertainties, investors continue to seek stability through dividend stocks. In this environment, selecting stocks with robust dividend yields can offer a measure of reassurance and potential income, making them an appealing choice for those looking to balance risk and reward. Name Dividend Yield Dividend Rating Zurich Insurance Group (SWX:ZURN) 4.56% ★★★★★★ Teleperformance (ENXTPA:TEP) 5.52% ★★★★★★ Rubis (ENXTPA:RUI) 7.46% ★★★★★★ OVB Holding (XTRA:O4B) 4.46% ★★★★★★ Mapfre (BME:MAP) 4.86% ★★★★★★ Julius Bär Gruppe (SWX:BAER) 5.07% ★★★★★★ Holcim (SWX:HOLN) 5.71% ★★★★★★ HEXPOL (OM:HPOL B) 4.89% ★★★★★★ Banque Cantonale Vaudoise (SWX:BCVN) 4.87% ★★★★★★ Allianz (XTRA:ALV) 4.58% ★★★★★★ Click here to see the full list of 240 stocks from our Top European Dividend Stocks screener. Here we highlight a subset of our preferred stocks from the screener. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Anima Holding S.p.A. is a publicly owned investment manager with a market cap of €1.91 billion. Operations: Anima Holding S.p.A. generates its revenue primarily from Asset Management, amounting to €1.32 billion. Dividend Yield: 7.4% Anima Holding's dividend is well-covered by both earnings, with a payout ratio of 57.2%, and cash flows, with a cash payout ratio of 38.5%. Its dividend yield stands at 7.44%, placing it in the top quartile among Italian dividend payers. However, its dividends have been unreliable and volatile over the past decade despite recent growth in payments. Anima was recently acquired by Banco BPM Vita for €1.5 billion, potentially impacting future dividend policies and stability. Dive into the specifics of Anima Holding here with our thorough dividend report. The analysis detailed in our Anima Holding valuation report hints at an deflated share price compared to its estimated value. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Securitas AB (publ) offers security services across North America, Europe, Latin America, Africa, the Middle East, Asia, and Australia with a market cap of SEK80.72 billion. Operations: Securitas AB (publ) generates revenue from its segments with Securitas Europe contributing SEK70.02 billion, Securitas Ibero-America providing SEK14.91 billion, and Securitas North America accounting for SEK64.76 billion. Dividend Yield: 3.2% Securitas's dividend payments are well-covered by earnings and cash flows, with payout ratios of 47.6% and 42.7%, respectively, though they have been volatile over the past decade. The company recently approved a SEK 4.50 per share dividend for distribution in two parts this year. Despite its good relative value compared to peers, Securitas's debt level remains high, and its current yield of 3.19% is below the top tier in Sweden's market. Unlock comprehensive insights into our analysis of Securitas stock in this dividend report. Upon reviewing our latest valuation report, Securitas' share price might be too pessimistic. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Boryszew S.A. operates in the automotive, metals and chemical industries both in Poland and internationally, with a market cap of PLN1.49 billion. Operations: Boryszew S.A.'s revenue is primarily derived from its Metals segment at PLN2.82 billion, followed by the Motorization segment at PLN1.54 billion, and the Chemistry segment contributing PLN153.55 million. Dividend Yield: 4.8% Boryszew's dividends are supported by earnings and cash flows, with payout ratios of 64.3% and 45.4%, respectively, though they have been inconsistent over the past decade. The recent annual dividend was set at PLN 0.35 per share, reflecting a decrease amid stable earnings reports. Despite a favorable price-to-earnings ratio of 13.6x compared to industry averages, its dividend yield of 4.81% is below Poland's top-tier payers, and share price volatility remains high. Delve into the full analysis dividend report here for a deeper understanding of Boryszew. Our expertly prepared valuation report Boryszew implies its share price may be too high. Click through to start exploring the rest of the 237 Top European Dividend Stocks now. Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly. Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include BIT:ANIM OM:SECU B and WSE:BRS. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Reuters
23-05-2025
- Business
- Reuters
UniCredit says it will appeal against Italy's conditions on Banco BPM bid
MILAN, May 23 (Reuters) - Italian bank UniCredit ( opens new tab said on Friday it would fight the conditions imposed by the government to clear its offer for rival Banco BPM ( opens new tab by filing an appeal to the administrative court of Rome's Lazio region. UniCredit said in a statement it would file the legal complaint "shortly". UniCredit also said it would support the European Commission's review of the use Italy has made of its "golden powers" to set demands for UniCredit's bid on the grounds of national security interests. The bank said it was waiving a provision in its offer that allowed it to walk away after Banco BPM completed the acquisition of fund manager Anima Holding ( opens new tab at a higher price than anticipated. BPM had bid for Anima just before UniCredit swooped, and it managed to secure shareholder approval and see the purchase through despite having become a takeover target. UniCredit retains rights in its bid that would still allow it to drop the offer, saying it was not in a position to decide whether its purchase could be finalised given the government's conditions.
Reuters
27-03-2025
- Business
- Reuters
Banco BPM intends to proceed with Anima deal, source says
MILAN, March 27 (Reuters) - Banco BPM ( opens new tab intends to proceed with its bid for fund manager Anima Holding ( opens new tab regardless of the regulators' stance on capital treatment, a source with knowledge of the matter said on Thursday. The European Central Bank has issued a negative opinion on Banco BPM's plan to use what is known as the 'Danish Compromise' to facilitate the deal, potentially making it more expensive.
