Investing.com - Banco Bpm reported on Wednesday second quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Banco Bpm announced earnings per share of €0.1171 on revenue of €1.11B. Analysts polled by Investing.com anticipated EPS of €0.1171 on revenue of €1.1B.
Banco Bpm shares are down 0% from the beginning of the year and are trading at €2.651 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 9.8% from the start of the year.
Banco Bpm follows other major Financial sector earnings this month
Banco Bpm's report follows an earnings beat by Intesa Sanpaolo on July 29, who reported EPS of €0.069 on revenue of €5.35B, compared to forecasts EPS of €0.0531 on revenue of €5.06B.
Assicurazioni Generali had beat expectations on Sunday with second quarter EPS of €0.5403 on revenue of €19.56B, compared to forecast for EPS of €0.5288 on revenue of €19.15B.
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