MPS sees higher 2026 pre-tax profit, need for senior bond sale without Mediobanca merger

By Reuters News

- Banca Monte dei Paschi di Siena BMPS.MI says in presentation slides:

  • UPS 2026 PRE-TAX PROFIT GUIDANCE TO MORE THAN €3.7 BILLION FROM €3.6 BILLION, SLIDE SHOWS

  • GUIDANCE DOES NOT INCLUDE POTENTIAL IMPACT ON 2026 RESULTS OF 2027 BUDGET LAW

  • SHAREHOLDER REJECTION OF MEDIOBANCA MERGER MEANS SELLING BENCHMARK SENIOR BOND BY YEAR-END FOR MREL PURPOSES

  • HALT TO MEDIOBANCA MERGER HAS NET POSITIVE IMPACT OF €150 MILLION ON 2026 PRE-TAX PROFIT

Further company coverage: BMPS.MI

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