GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banca Monte dei Paschi di Siena (LTS:0RK6) » Definitions » Altman Z2-Score

Banca Monte dei Paschi di Siena (LTS:0RK6) Altman Z2-Score


View and export this data going back to 2011. Start your Free Trial

What is Banca Monte dei Paschi di Siena Altman Z2-Score?

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Altman Z2-Score does not apply to banks and insurance companies.


Banca Monte dei Paschi di Siena Business Description

Address
Piazza Salimbeni, 3, Siena, ITA, 53100
Banca Monte dei Paschi di Siena S.p.A. is a banking group operating primarily in Italy, and mainly providing traditional retail and commercial banking services. The group is also active in other business areas such as leasing, factoring, corporate finance, and investment banking through its various subsidiaries. A majority of the group's net revenue is net interest income, followed by net fees and commission income. Loans to customers overwhelmingly constitute a majority of the bank's earning assets, approximately half of which are mortgages. The company's segment includes Retail banking, Wealth Management, Corporate banking, and Large Corp. & Investment Banking. The company generates major revenue from Retail and corporate banking segment.