0839 GMT - Banca Monte dei Paschi di Siena's fourth-quarter results look slightly disappointing, although the inclusion of Mediobanca blurs the picture, Keefe, Bruyette & Woods' Hugo Cruz and Ben Maher say in a research note. This was the first quarter of consolidation of Mediobanca within Monte Paschi's earnings and many one-off items related to the acquisition led to a messy set of results, the analysts say. Where comparisons are possible, though, the Italian bank's earnings missed expectations, they say. Net interest income fell short of consensus estimates, fees were also lower than expected and operating expenses were higher, according to KBW. Net profit was just shy of consensus views, KBW says. Shares fall 1.9%. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
February 10, 2026 03:39 ET (08:39 GMT)
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