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Banco di Desio e Della Brianza SPA ( (IT:BDB) ) has shared an update.
Banco di Desio e della Brianza S.p.A. has acquired a 9.81% stake in Credito Lombardo Veneto S.p.A. as part of a minority investment strategy to support the latter’s development and foster collaboration. This move aims to strengthen Banco Desio’s positioning in the Brescia area, known for its entrepreneurial potential, and explore synergies with Credito Lombardo Veneto to benefit both banks and their local clientele.
The most recent analyst rating on (IT:BDB) stock is a Hold with a EUR9.50 price target. To see the full list of analyst forecasts on Banco di Desio e Della Brianza SPA stock, see the IT:BDB Stock Forecast page.
More about Banco di Desio e Della Brianza SPA
Established in 1909 and listed on the Milan Stock Exchange since 1995, Banco di Desio e della Brianza S.p.A. is a modern multi-product banking group with a strong territorial presence in Northern and Central Italy and Sardinia. It operates 275 branches with about 2,400 employees, providing services in consumer credit, asset management, and bancassurance through various subsidiaries and partnerships. The group has total assets exceeding 18 billion Euros.
Average Trading Volume: 133,349
Technical Sentiment Signal: Buy
Current Market Cap: €1.23B
For an in-depth examination of BDB stock, go to TipRanks’ Overview page.