Banco Comercial Portugues (GB:0RJN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Banco Comercial Português (BCP) has received an upgrade in its credit ratings from Morningstar DBRS, citing improved earnings, capital generation, and asset quality along with a reduction in non-performing exposures. The stable outlook is attributed to balanced risks, with expectations of sustained profitability and strong capital buffers despite ongoing legal and financial challenges from CHF-indexed mortgages in its Polish subsidiary.
For further insights into GB:0RJN stock, check out TipRanks’ Stock Analysis page.
