Banco Comercial Portugues SA
Grey Market:BPCGY

  • LAST PRICE
    4.9200
  • TODAY'S CHANGE (%)
    0.0000 (0.0000%)
  • Bid / Lots
    1.7100/ 1
  • Ask / Lots
    861.6200/ 1
  • Open / Previous Close
    --- / 4.9200
  • Day Range
    ---
  • 52 Week Range
    2.6100
    4.9200
  • Volume
    ---

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  • Aug 14, 2024

      Show headlines and story abstract

    • 3:07AM ET on Wednesday Aug 14, 2024 by Dow Jones
      Companies Mentioned: BPCGY, MDIBY, BBVA, UNCFF, CAIXY, ISNPY, SAN

      0706 GMT - Southern European lenders are still the place to be for bank investors after their strong second-quarter results, Keefe, Bruyette & Woods says in a note. "Whilst these banks are generally seen as highly geared to the level of interest rates, we continue to believe that net interest income dynamics remain attractive," analysts Hugo Cruz and Ben Maher write, adding that they see interesting dynamics in terms of fee income, loan growth, cost of risk and capital distribution for many lenders in the region. Their quarterly results justify their recent solid share price performance, the analysts add. KBW raises its rating on Italy's BPER Banca to outperform on its surprise dividend payout increase and upcoming CMD catalyst, and confirms UniCredit as its top pick. (elena.vardon@wsj.com)

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