Monte dei Paschi CEO is confident 2024 pre-tax profit can reach 1.4 bln euros
Nov 8 (Reuters) -Banca Monte dei Paschi BMPS.MI di Siena Chief Executive Luigi Lovaglio and Chief Financial Officer Andrea Maffezzoni tell analysts in a post-results call :
CEO: CONFIDENT BANK CAN SURPASS 1.3 BILLION EURO PRE-TAX PROFIT GOAL FOR 2024
CEO: FOURTH QUARTER EXPECTED TO BE NOT TOO DIFFERENT FROM AVERAGE OF PREVIOUS THREE IN 2024
MONTE DEI PASCHI CEO: ANIMA DEAL WITH BANCO BPM IS 'INTERESTING BUT IT'S EARLY DAYS' TO COMMENT
CONFIDENT THAT PRE-TAX PROFIT CAN REACH 1.4 BILLION EUROS IN 2024
CFO: IMPACT ON CAPITAL OF REPURCHASING AXA'S STAKE IN LIFE INSURANCE JV WOULD BE 'TOTALLY MANAGEABLE'
CFO: ADDITIONAL EARNINGS IN THAT CASE SEEN AT BETWEEN 60 MILLION AND 80 MILLION EUROS PER YEAR
Further company coverage: BMPS.MI
Reporting by Milan Newsroom
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