Monte Paschi's Results Look Slightly Disappointing -- Market Talk

Dow Jones
Feb 10

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)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

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