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
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Q3 2019 Banca Monte dei Paschi di Siena SpA Earnings Call Transcript

Nov 06, 2019 / 11:00AM GMT
Release Date Price: €17.77 (-2.45%)
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the MPS Group Third Quarter 2019 Results Presentation. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Marco Morelli, Chief Executive Officer and General Manager of MPS. Please go ahead, sir.

Marco Morelli
Banca Monte dei Paschi di Siena S.p.A. - CEO, GM & Director

Good morning, everybody, and thanks for attending our Q3 results presentation. Quick introductory remark, we said at the beginning of the year that 2019 would have been a much tougher environmental context and a much bigger challenge for a bank like Monte dei Paschi. Numbers, which will be presented, witnesses the fact that in spite of all of this, thousands of employees of Monte dei Paschi fruitfully managed to steer the wheel throughout a more difficult and complex environment. Starting with the key takeaways of the last 3 months. Page 2 of the presentation. I think there are key -- there are 4 key pillars in our performance, point one, revenues are

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