Banca Monte dei Paschi di Siena
Company Profile
Business description
Banca Monte dei Paschi di Siena S.p.A. is a banking group operating primarily in Italy, and mainly providing traditional retail and commercial banking services. The group is also active in other business areas such as leasing, factoring, corporate finance, and investment banking through its various subsidiaries. A majority of the group's net revenue is net interest income, followed by net fees and commission income. Loans to customers overwhelmingly constitute a majority of the bank's earning assets, approximately half of which are mortgages. The company's segment includes Retail banking, Wealth Management, Corporate banking, and Large Corp. & Investment Banking. The company generates major revenue from Retail and corporate banking segment.
Contact
Piazza Salimbeni, 3
Siena53100
ITAT: +39 577294111
Sector
Financial Services
Stock type
Cyclical
Industry
Banks - Regional
Fiscal Year End
31 December 2024
Employees
16,691
Morningstar Investment Ideas
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