Edition:
India

Bankia SA (BKIA.MC)

BKIA.MC on Madrid SE C.A.T.S.

4.05EUR
14 Dec 2017
Change (% chg)

€-0.05 (-1.15%)
Prev Close
€4.10
Open
€4.08
Day's High
€4.13
Day's Low
€4.05
Volume
4,942,434
Avg. Vol
5,498,286
52-wk High
€4.68
52-wk Low
€3.62

Latest Key Developments (Source: Significant Developments)

Deutsche Bank, Morgan Stanley, UBS Close Placement Of 7 Pct Of Bankia At 4.06 Euros/Shr
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - DEUTSCHE BANK, MORGAN STANLEY, UBS::CLOSE PLACEMENT OF 7.0 PCT OF BANKIA <<>> AT 4.06 EUROS PER SHARE, FOR 818.3 MILLION EUROS IN TOTAL.  Full Article

Bookrunner says Bankia books will be open for 10 mins
Tuesday, 12 Dec 2017 

Dec 11 (Reuters) - :BLOCK TRADE-BANKIA <<>>: BOOKRUNNER SAYS BOOKS WILL BE OPEN FOR 10 MINS; ORDERS BELOW EUR 4.06 RISK MISSING‍​.  Full Article

Bookrunner Says Price Guidance of 4.05 To 4.09 Euros Per Share in Bankia SA accelerated bookbuilt offering
Monday, 11 Dec 2017 

Dec 11 (Reuters) - :BLOCK TRADE- BANKIA SA: BOOKRUNNER SAYS PRICE GUIDANCE: EUR 4.05 TO 4.09 PER SHARE; BOOKS ARE COVERED WITHIN THE RANGE‍​.BLOCK TRADE- BANKIA SA: BOOKRUNNER SAYS BOOKS TO CLOSE AT 7.15PM UK TIME.  Full Article

Deutsche Bank, Morgan Stanley, UBS To Place 7.0 Pct Of Bankia In Accelerated Bookbuilt Offer
Monday, 11 Dec 2017 

Dec 11 (Reuters) - DEUTSCHE BANK, MORGAN STANLEY, UBS: :TO PLACE 7.0 PCT OF BANKIA <<>> IN ACCELERATED BOOKBUILT OFFER ON BEHALF OF BFA TENEDORA DE ACCIONES SA.  Full Article

Spain's Bankia expects new strategic plan by Jan or Feb
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Spain's Bankia CEO Jose Sevilla::Says the bank expects to announce a new strategic plan by next January or February.Says sees opportunities for Spanish state to reduce its stake in Bankia further by year-end.Says political uncertainty in Catalonia played a role in postponing further Bankia sale but is optimistic there will be further privatisation before year-end.Says there is room in the next few years for Bankia to increase its dividend pay-out, but so far it has not been changed.  Full Article

Bankia says BMN's 2017 pre-provision profit may be top 200 mln euros
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Spain's Bankia ::Says BMN may make slightly more than originally forecast 200 million euros ($232 million) in pre-provision profit in 2017.Says maintains guidance of ending 2017 with a decrease of 2 percent in net interest income .Says possible sale of real estate asset portfolios after integration with BMN is among options.  Full Article

Bankia 9-month net profit up 1 pct YoY
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Bankia SA ::9-MONTH NET INTEREST INCOME 1.47 BILLION EUROS VERSUS 1.63 BILLION EUROS YEAR AGO.9-MONTH NET PROFIT 739 MILLION EUROS VERSUS 731 MILLION EUROS YEAR AGO.CET1 FULLY LOADED CAPITAL RATIO 14.16 PERCENT AT END-SEPT VERSUS 13.02 PERCENT AT END-DEC 2016.ROE PROFITABILITY RATIO 8.1 PERCENT AT END-SEPT VERSUS 8.2 PERCENT AT END-SEPT 2016.BAD LOAN RATIO 8.8 PERCENT AT END-SEPT VERSUS 9.8 PERCENT AT END-DEC 2016.Q3 NET PROFIT 225 MILLION EUROS VERSUS 250 MILLION EUROS YEAR AGO.Q3 NET INTEREST INCOME 472 MILLION EUROS VERSUS 507 MILLION EUROS YEAR AGO.  Full Article

Spain's Bankia unconcerned over European stress tests
Friday, 22 Jul 2016 

Bankia SA : Says it is not worried about next week's European banking stress tests and that Spanish banks in general have done their homework For full earnings details see: [ID:nL8N1A8152] Further company coverage: [BKIA.MC] (Reporting by Madrid Newsroom) ((madrid.newsroom@thomsonreuters.com; +34915852151;)).  Full Article

Spain's Bankia H1 net profit 481 million euros, beats forecasts
Friday, 22 Jul 2016 

Spain's Bankia : Says first half net profit was 481 million euros ($530 million) compared to 469 million euros in a Reuters poll . Says first half net interest income was 1.124 billion euros compared to 1.137 billion euros in a Reuters poll . Says its bad loans ratio at the end of June fell to 9.8 percent from 10.5 percent at the end of March . Says return-on-equity (ROE) profitability ratio was 8.2 percent, unchanged from the end of March .Says its core capital ratio, under Basel III fully-loaded criteria, was 12.89 percent at the end of June, compared to 12.52 percent from the end of March.  Full Article

Bankia SA - Spanish court to probe Bankia predecessor over mortgages - Reuters News
Wednesday, 30 Mar 2016 

Bankia SA:Spain's High Court said on Wednesday it will investigate Caja Madrid, now part of state-owned lender Bankia, over allegations it over-valued mortgages in the years before the country's housing crisis - RTRS.The court will look at whether the saving bank "systematically" inflated the value of mortgaged property between 2002 and 2007 to issue bigger loans, creating a high-risk portfolio that gave it one of the largest default rates among Spanish lenders, the court's ruling said.Allegations that Caja Madrid also gave 20-year mortgages to foreigners with only temporary residency in Spain would also be studied, it said.In the written ruling, judge Jose de la Mata said the investigation, which was triggered by a lawsuit by the bank's shareholders, would focus on Caja Madrid's former chairman Miguel Blesa, former financial director Ildefonso Sanchez, Ramon Martinez, former head of risk management.and Ignacio de Navasques, former head of Caja Madrid's valuation unit Tasaciones Madrid.Blesa's lawyer Carlos Aguilar said his client had not yet decided on a response to the court's ruling.Reuters was not able to reach Sanchez's lawyer Jesus Castrillo, and could not immediately identify lawyers for Martinez and de Navasques or contact the individuals themselves.A court spokesman said those named in the ruling were not charged with any crime and so did not need lawyers at this stage of the legal process.  Full Article

BRIEF-Deutsche Bank, Morgan Stanley, UBS Close Placement Of 7 Pct Of Bankia At 4.06 Euros/Shr

* CLOSE PLACEMENT OF 7.0 PCT OF BANKIA AT 4.06 EUROS PER SHARE, FOR 818.3 MILLION EUROS IN TOTAL Source text for Eikon: Further company coverage: (Gdynia Newsroom)