Banca Monte dei Paschi di Siena (BMDPF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, this is the Chorus Call Conference Operator. Welcome and thank you for joining the MPS group third quarter and nine month 2025 results presentation. As a reminder, all participants are in listen-only mode. After the presentation, there will be an opportunity to ask questions. Should anyone need assistance during the conference call, they may signal an operator by pressing star and zero on their telephone. At this time, I would like to turn the conference over to Mr. Luigi Lovaglio, Chief Executive Officer and General Manager. Please go ahead, sir. Good morning, everyone. Thank you for joining us today for the presentation of our third quarter and nine-month 2025 financial results. This is a landmark moment for Montepaschi. At the end of September, we successfully completed the acquisition of Mediobanca, a strategic move we have always believed in. And 86.3% of Mediobanca shareholders confirm that belief by tendering their shares That's a clear endorsement of the industrial strength and the long-term value of this combination from both co-shareholders and from Italian and international institutional investors. So first, let me thank all of our shareholders for their trust and confidence in our vision and in our ability to execute. I also want to thank our people. Our teams at Montepaschi have stayed laser-focused through intense months, and they continue to serve clients, deliver strong commercial momentum, and produce another solid quarter. They show what commitment to performance and integrity looks like. I also want to acknowledge our colleagues at Mediobanca as well, Their results this quarter demonstrate the resilience of their business model and the strength of their client relationship. That is exactly the kind of excellence we want to build with....