Italian Banks' Fresh Targets to Encourage Upgrades -- Market Talk

Dow Jones
2025/08/19

1014 GMT - Fresh targets from Italian banks should be a catalyst for the sector and encourage earning-per-share upgrades, Jefferies says in a research note. Intesa Sanpaolo, BPER Banca and FinecoBank are set to update their strategic targets in the first half of 2026. Intesa's plan will likely focus on digital and costs while BPER's plan should leverage its newly-acquired position as Italy's third -largest banking group after the integration of Banca Popolare di Sondrio, analysts Marco Nicolai and Joseph Dickerson write. FinecoBank's plan is set to shed light on its potential for increasing deposit stock and brokerage revenues, areas that are underestimated by the market, they add. Beyond this trio, the country's lenders showed resilience during earnings season and the outcome of stress tests was encouraging, supporting Jefferies's constructive outlook for the sector. (elena.vardon@wsj.com)

 

(END) Dow Jones Newswires

August 19, 2025 06:14 ET (10:14 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10