SIENA (ITALPRESS) – The Board of Directors of Banca Monte dei Paschi di Siena approved the new Industrial Plan 2026-2030. The project sanctions the birth of the third player in the Italian banking market, with a base of more than 7 million customers, through the merger by incorporation of Mediobanca in BMPS. The operation, which has received an adhesion of 86.3% to the public offer of purchase and exchange, aims to preserve the iconic brands of both institutes making synergies at regime for 700 million euros.
In the financial perspective, the Group aims at objectives of excellence: a margin of intermediation growing up to 9,5 billion euros in 2030 and a net adjusted profit of 3,7 billion euros at the end of the plan arc. Particularly significant is the remuneration policy for members, with a 100% payout that will result in approximately 16 billion euros of total dividends between 2026 and 2030. Asset solidity will be guaranteed by a stable CET1 ratio around 16%, with a capital buffer of approximately 3 billion for strategic flexibility. Technological innovation will be a central pillar, with IT investments for over 1 billion euros aimed at developing a digital platform enhanced by artificial intelligence. The plan provides that AI generates significant impacts on efficiency, with an estimated time saving of 20% in credit and control processes. The organizational structure will be divided into five business divisions: Retail & Commercial Banking, Consumer Finance (through the center of excellence Compass), Asset Gathering & Wealth Management, Private Banking and Corporate & Investment Banking.
CONCAMBIO PER LA FUSIONE CON MEDIOBANCA CONCLUSO ENTRO IL 10 MARZO
Banca Monte dei Paschi di Siena, in the context of the work of the Board of Directors of today gathered, informs that they are continuing, with the support of their advisors, the investigation and analysis activities in view of the definition of the fusion project with Mediobanca – Banca di Credito Finanziario S.p.A. and its exchange. The Board of Directors and the Committee for the related parties will continue the respective investigations that are planned to end on 10 March 2026. The process will continue to be conducted in compliance with the requirements of the discipline for transactions with related parties.
LOVAGLIO “STIAMO COSTRUENDO GRUPPO SOLIDO, CAPACE DI GENERARE UNA CRESCITA”
“The new Industrial Plan represents the natural evolution of the transformation path successfully achieved in recent years. We have designed a clear and effective Group structure, able to fully enhance the platforms of Banca Monte dei Paschi di Siena and Mediobanca to improve the customer experience on all channels. We are building a solid, diverse and profitable banking group, capable of generating sustainable growth and very attractive returns for all our shareholders.” Luigi Lovaglio, CEO of Banca Monte dei Paschi di Siena. “Together, Banca Monte dei Paschi di Siena and Mediobanca strengthen the excellence of the Italian banking tradition, combining the solid commercial network of Mps with the highly recognized advisory culture of Mediobanca, whose brands and whose skills are preserved as the fundamental pillar of our Group. With strategic clarity, discipline in execution and a solid patrimonial position, we are ready for a new phase of creation of value, leveraging deep roots and looking at new ambitious frontiers.”.
– Photo IPA Agency –
(ITALPRESS).
