Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Italian Stock Exchange  >  Intesa Sanpaolo SpA    ISP   IT0000072618

End-of-day quote. End-of-day quote  - 04/21
2.514 EUR   +0.96%
04/22 INTESA SANPAOLO : Original "Mercy Street" hospital has local ties
04/21 SECOND OPEN LET : #Divest DAPL!
04/18 US dollar stable after Easter holiday
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Intesa Sanpaolo SpA : Mediofactoring: top factoring company in Europe and fourth in the world

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/26/2012 | 01:25pm CEST

• The 2011 ranking, compiled by FCI (the leading worldwide association for the factoring industry) reviewed over 250 factoring companies in 69 countries

• With a global market share of 2.5%, Mediofactoring is also the top factoring company in the western world

• Competing with Mediofactoring for the top 5 places in the ranking are 3 Chinese companies and 1 Japanese company

• Between 2007 and 2011, the market share of Mediofactoring in Italy went from 22% to 30%, confirming the absolute leadership on the domestic market

Milan, 26 April 2012- Factors Chain International (FCI), the leading worldwide association for the factoring industry published the statistics on over 250 associates in 69 countries, which show a strong growth of factoring around the world (+22% compared to 2010) with volumes totalling 2,015 billion euro.

Mediofactoring, already Italy's leader with a market share of 30% and 2.5% globally, in 2011 became by far the first factoring company in Europe and the fourth worldwide. In the top 5 places of the ranking there are also 3 Chinese companies and 1 Japanese (see table below), effectively propelling the company to the top spot among Western factoring companies.

On the international scene, Mediofactoring - part of the Corporate and Investment Banking Division of Intesa Sanpaolo - is ranked as the world's second export factor, thanks to the support it provides to Italian export, and first import factor in terms of foreign customers.

This result was achieved thanks to the increase in the Company's turnover over the last three years. Its market share, which stood at approximately 22% in 2007, went up to 30% in 2011, with volumes of approximately 49.6 billion euro at the end of 2011 (+47% on 2010) and loans totalling 9,8 billion euro (+17.3% on 2010). For 2011, the company posted a net income of 68 million euro, up by 18.5% on the previous year.
"This rewards us for our activity in over these years, which makes us truly proud. In a scenario that continues to be difficult for the world's economy and in which credit continues to be a complex issue, Mediofactoring managed to grow and, as a result, to provide an important support to the development of many companies in several sectors - declared Rony Hamaui, the Company's Managing Director. "Mediofactoring's strength lies in its ability to cooperate effectively and efficiently with companies in the selection of their customers and counterparties. This is a crucial process especially for those who work abroad and are willing to internationalise their business. We confirm our commitment to continue along the growth path undertaken so far, which will lead us to open a new branch in New York during the year, after opening branches in Spain and Germany in 2011, in our continuous effort to support our customers in the best possible way".

Intesa Sanpaolo
Media Corporate & Investment Banking Office
+39 02.87963851
+39 011.5556656
[email protected]

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on INTESA SANPAOLO SPA
04/22 INTESA SANPAOLO : Original "Mercy Street" hospital has local ties
04/21 SECOND OPEN LETTER TO INTESA SANPAOL : #Divest DAPL!
04/18 US dollar stable after Easter holiday
04/11 INTESA SANPAOLO : ++ Anti-trust probes for BNL, Intesa, Unicredit ++
04/10 INTESA SANPAOLO : expands corporate, investment banking in Qatar, UAE
04/08 INTESA SANPAOLO : Italy’s biggest lender, Intesa, expands into competitive..
04/06 US dollar remains stable during Thursday trading
04/05 INTESA SANPAOLO : Croatia has the fastest-growing retail turnover m/m
04/04 INTESA SANPAOLO : strengthens its presence in the Arabian Gulf
04/04 INTESA SANPAOLO : strengthens its presence in the Persian Gulf
More news
Sector news : Banks - NEC
04:26p CREDIT SUISSE : to make capital hike decision after AGM - report
04/22DJWELLS FARGO : Big Holders Target Wells -- WSJ
04/22DJWELLS FARGO : New York City Pension Funds to Vote Against 10 of 15 Wells Fargo D..
04/22 WELLS FARGO : Two big California pension systems oppose nine Wells Fargo directo..
04/22 WELLS FARGO : Two big California pension systems oppose nine Wells Fargo directo..
More sector news : Banks - NEC
News from SeekingAlpha
03/29 Banco Santander Offers Value
03/24 INTESA : A 7% Yielder With Good Dividend Growth Prospects
03/17 Barbarians Not At The Gate
03/12 An Update On Intesa Sanpaolo
02/26 INTESA SANPAOLO : Double-Digit Yield. What About The Risks?
Advertisement
Financials (€)
Sales 2017 17 070 M
EBIT 2017 8 170 M
Net income 2017 3 590 M
Debt 2017 -
Yield 2017 7,86%
P/E ratio 2017 11,91
P/E ratio 2018 10,98
Capi. / Sales 2017 2,47x
Capi. / Sales 2018 2,39x
Capitalization 42 082 M
More Financials
Chart INTESA SANPAOLO SPA
Duration : Period :
Intesa Sanpaolo SpA Technical Analysis Chart | ISP | IT0000072618 | 4-Traders
Full-screen chart
Technical analysis trends INTESA SANPAOLO SPA
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 2,67 €
Spread / Average Target 6,2%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Carlo Messina MD, Chief Executive Officer & Director
Gian Maria Gros-Pietro Chairman
Eliano Omar Lodesani Chief Operating Officer & Head-Human Resources
Stefano del Punta Chief Financial Officer
Giovanni Costa Director & Deputy Chairman-Management Board
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
INTESA SANPAOLO SPA2.64%45 131
JPMORGAN CHASE & CO.-2.05%301 902
WELLS FARGO & CO-3.83%265 205
INDUSTRIAL AND COMMRCL..9.07%243 709
BANK OF AMERICA CORP4.39%227 371
CHINA CONSTRUCTION BAN..8.82%199 232
More Results