Banca Monte dei Paschi di Siena traded at 10.65 this Friday October 23rd, increasing 0.08 or 0.78 percent since the previous trading session. Looking back, over the last four weeks, Banca Monte dei Paschi di Siena gained 9.87 percent. Over the last 12 months, its price rose by 50.36 percent. Looking ahead, we forecast Banca Monte dei Paschi di Siena to be priced at 10.37 by the end of this quarter and at 9.56 in one year, according to Trading Economics global macro models projections and analysts expectations.
Banca Monte dei Paschi di Siena SpA is an Italy-based company engaged in the banking sector. It provides banking services, asset management and private banking, including life insurance, pension funds and investment trusts. It operates though three business segments. The Retail Banking segment covers consumer lending, insurance, provision of financial and non-financial services to retail customers, wealth management, tax planning, financial advisory and planning for private customers. The Corporate Banking division oversees the Group''s business strategies targeted to small and medium enterprises, institutions and large corporate for which it offers leasing, factoring, lending and financial products, among others. The Corporate Center segment includes the cancellation of intergroup entries, treasure, governance and support functions. It transfers non performing loans (NPL) to Banca Ifis SpA and Cerberus Management Capital LP.