MPS defends its plan as Banca Monte dei Paschi di Siena stock costs EUR 11.18

Banca Monte dei Paschi di Siena (ISIN IT0005508921) was trading at EUR 11.18 at Lang & Schwarz on October 16, 2026 at 10:05 a.m. CEST. The board is defending its alternative strategy ahead of a shareholder vote on October 29, according to Reuters.

Intesa offer keeps pressure high

On October 3, 2026, Intesa Sanpaolo offered MPS shareholders an additional EUR 800.00 million in cash if they reject the counter-plan. The sweetened bid was valued at EUR 34.0 billion in the Reuters report dated October 12, 2026, while MPS said the revised terms still left investors facing uncertainty.

On October 12, 2026, the MPS board reviewed the latest developments and maintained its position. Shareholders holding one-third of the bank's capital had indicated opposition to the alternative plan, making the two-thirds majority needed for approval difficult to reach, Reuters reported.

What does the vote mean for MPS?

The October 29, 2026 meeting will decide whether MPS can pursue the proposed transactions involving Banco BPM and Banca Generali while Intesa has made its offer conditional on rejecting that strategy. A separate report says the meeting will cover ordinary and extraordinary matters, including the filed information documents, AWP Alliance News said on October 15, 2026.

Results add a financial counterweight

For the first half of 2026, total revenue increased 4.1 percent year over year to EUR 4.0 billion, while pre-provision operating profit rose 8.0 percent, according to Morningstar DBRS on October 1, 2026. That operating trend gives investors a concrete benchmark as the takeover contest moves toward the vote.

Chronology: On August 20, 2026, MPS proposed a EUR 27.7 billion acquisition of Banco BPM, according to Simply Wall St. On October 3, 2026, Intesa added EUR 800.00 million in cash. On October 12, 2026, MPS reviewed the revised offer and retained its alternative plan, Reuters reported.

Next date: The ordinary and extraordinary shareholders' meeting is scheduled for October 29, 2026.

Stock holds at EUR 11.18

The bank's current market value was EUR 33.8 billion on October 16, 2026, while its 52-week range was EUR 6.84 to EUR 12.08. The valuation debate now combines operating improvement with uncertainty over the ownership outcome.

Banca Monte dei Paschi di Siena was trading at EUR 11.18 at Lang & Schwarz on October 16, 2026 at 10:05 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Banca Monte dei Paschi di Siena stock.

Market context: Market report FTSE MIB.

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