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

Q3 2023 Banca Monte dei Paschi di Siena SpA Earnings Call Transcript

Nov 08, 2023 / 08:00AM GMT
Release Date Price: €2.58 (+1.14%)
Operator

Good morning. This is the Chorus Call Conference Operator. Welcome, and thank you for joining the MPS Group Third Quarter and 9 Months 2023 Results Presentation. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Luigi Lovaglio, CEO of MPS. Please go ahead, sir.

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

Thank you very much. Good morning, everybody. Many thanks for joining us to Monte Paschi 2023 third quarter and 9 months results presentation.

I would like to start by sharing with you the special feeling I had when reading a message or wishes I received from a shareholder on the day of the anniversary of last year, EUR 2.5 billion capital increase. It recalled me about the starting point of Monte Paschi transformation path with impressive progress the bank has achieved in the last 12 months.

Today, I have the pleasure to present to you a set of solid results that are providing evidence of the improvement throughout our business. Monte Paschi is now among the

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