Banca Monte dei Paschi di Siena (STU:MPI0)
€ 6.074 0.04 (0.66%) Market Cap: 7.84 Bil Enterprise Value: 2.60 Bil PE Ratio: 2.81 PB Ratio: 0.67 GF Score: 40/100

Full Year 2023 Banca Monte dei Paschi di Siena SpA Earnings Call Transcript

Feb 07, 2024 / 08:00AM GMT
Release Date Price: €3.46 (+4.79%)
Luigi Lovaglio
Banca Monte dei Paschi di Siena SpA - Chief Executive Officer, General Manager, Executive Director

Good morning, everybody. Many thanks for joining us to Monte dei Paschi 2023 fourth quarter and 12-month results presentation. Full year 2023 results represent a breakthrough for a decisive switch for Monte dei Paschi di Siena towards its stakeholders, clients, employees, shareholders and communities in which we operate. Key drivers have been our talented people, strong commitment, hard work, and managerial discipline. Innovation has been our attitude. We have brought to life again our heritage, our tradition in doing commercial banking and serving the families and small and medium companies, the backbone of our country's economic system. Thanks to an integrated model that can well combine skills of our people and digital innovation.

Now Monte dei Paschi is reset. Somebody defined our revolution as Rinascimento. Honestly, I don't know if we can speak about Rinascimento for sure. We have created the right condition for this to happen. With all the colleagues we did our job with a

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