PERSPECTA

News from every angle

← Back to headlines

MPS's plan targets €3.7 billion in profits by 2030, €16 billion for shareholders

(ANSA) - ROME, FEB 27 - Monte dei Paschi di Siena's (MPS) new business plan targets 3,7 billion euros in profits by 2030 and 16 billion euros for shareholders, the Tuscan lender said Friday. MPS has approved its 2026-2030 business plan, which, thanks to the merger with Mediobanca, makes it the "third-largest Italian banking player" with over 7 million customers. The group, according to a statement, expects to achieve adjusted net profit of €3.3 billion in 2028 and €3.7 billion by 2030, and to...

27 Feb, 13:34 — 27 Feb, 13:34
PostShare
Only 1 source covers this story