natixis (NTXFF:OTC US)
natixis (NTXFF) Snapshot
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Open
$4.49
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Previous Close
$4.66
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Day High
$4.49
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Day Low
$4.49
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52 Week High
05/24/13 - $4.49
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52 Week Low
07/24/12 - $1.72
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Market Cap
--
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Average Volume 10 Days
448.3
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EPS TTM
--
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Shares Outstanding
0.0
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EX-Date
05/24/13
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P/E TM
--
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Dividend
$0.10
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Dividend Yield
21.58%
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Related News
natixis (NTXFF) Details
Natixis provides wholesale banking, investment solutions, and specialized financial services in France and internationally. Its Wholesale Banking segment provides mergers and acquisitions, primary equities market, and capital advisory services for businesses, institutional investors, insurance companies, banks, and public sector entities; and offers financing solutions, as well as access to the capital markets. It offers equity, credit rate, and commodities and global structured credit and solutions; finance for aircraft, exports and infrastructure, and energy and commodities; strategic and acquisition finance, real estate finance, and equity linked finance; portfolio management services; global transaction banking services, such as treasury, cash management, payment services, import-export trade finance, and correspondent banking products; and economic, credit, equity, and quantitative research services. The company’s Investment Solutions segment provides asset management services; life insurance, personal risk insurance, and property and casualty insurance solutions for retail and small business customers, farmers, companies, and associations; private banking services; and equity financing for unlisted small and medium sized enterprises through sponsored equity holdings. Its Specialized Financial Services segment offers factoring, lease financing, consumer credit, sureties and financial guarantees, film industry financing, employee benefits planning, and payment and securities services. The company is headquartered in Paris, France. Natixis operates as a subsidiary of Groupe BPCE.
Last Reported Date: 03/19/13
natixis (NTXFF) Top Compensated Officers
natixis (NTXFF) Key Developments
Natixis (ENXTPA:KN) does not plan to sell Coface SA but plans to reduce stake in Coface. "Coface isn't for sale, but it's not a strategic asset. We could study a reduction in our stake," said Natixis, Chief Executive Officer, Laurent Mignon. Natixis officials have earlier said that Coface was a candidate for an initial public offering.
Natixis reported earnings results for the first quarter ended March 2013. The company had EUR 1.8 billion net revenue compared to 3% or an increase of 3% compared to 2012 Net revenue, which is a pro forma net revenue after the disposal of CCI and excluding spread, issuing spread, is EUR 373 million, and after issuing spread, EUR 333 million. ROE under Basel III is 15.6%, an improvement of 2.3% compared with first quarter of 2012, so significant improvement there.
Natixis, Q1 2013 Earnings Call, May 07, 2013
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Industry Analysis
NTXFF
Industry Average
| Valuation | NTXFF | Industry Range |
| Price/Earnings | 12.2x |
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| Price/Sales | 1.8x |
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| Price/Book | 0.6x |
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| Price/Cash Flow | 11.3x |
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| TEV/Sales | NM | Not Meaningful |
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