MILAN, Feb 7 (Reuters) - Banco BPM on Tuesday
confirmed its guidance on 2023 net earnings per share, while
raising its dividend, after higher interest rates helped it beat
market forecasts with its fourth quarter profit.
Italy's third-largest bank said its net profit for the three
months through December more than doubled from a year earlier to
210 million euros ($225 million), above a 178 million-euros
forecast in a Reuters analyst poll.
The bank said it expected 2023 net earnings above 60 euro
cents (EPS) per share, sticking to its latest guidance which it
had raised in November from a 49 euro cent EPS goal set under
its business plan.
Banco BPM said it would propose a dividend per share of 23
euro cents on 2022 earnigns, up from 19 euro cents the previous
year. ($1 = 0.9343 euros)
(Reporting by Andrea Mandalà, editing by Valentina Za)
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