BGN Stock Analysis: Banca Generali S.p.A. | MI

Banks - Regional | MI, Italy | Market Cap: 7.583m EUR | 12M Return: 42.8% | IT0001031084 | Charts, Fundamentals & Technical Analysis

Banking, Asset Management, Insurance, Wealth Advisory
Total Rating 42
Safety 34
Buy Signal 0.38
Banks - Regional
Industry Rotation: -6.0
Market Cap: 8.81B
Avg Turnover: 11.0M
Risk 3d forecast
Volatility21.9%
VaR 5th Pctl3.80%
VaR vs Median5.27%
Reward TTM
Sharpe Ratio1.45
Rel. Str. IBD81.8
Rel. Str. Peer Group83.9
Character TTM
Beta0.450
Beta Downside-0.011
Hurst Exponent0.548
Drawdowns 3y
Max DD17.56%
CAGR/Max DD1.88
CAGR/Mean DD7.75
EPS (Earnings per Share) EPS (Earnings per Share) of BGN over the last years for every Quarter: "2021-09": 0.7, "2021-12": 0.45, "2022-03": 0.5958, "2022-06": 0.5482, "2022-09": 0.7, "2022-12": 0.7, "2023-03": 0.7228, "2023-06": 0.8065, "2023-09": 0.7026, "2023-12": 0.6235, "2024-03": 1.0691, "2024-06": 1.0298, "2024-09": 0.8681, "2024-12": 0.8127, "2025-03": 0.9674, "2025-06": 0.7861, "2025-09": 1.002, "2025-12": 1.1518, "2026-03": 1.1099, "2026-06": 1.3345,
EPS CAGR: 14.26%
EPS Trend: 90.1%
Qual. Beats: 0
Revenue Revenue of BGN over the last years for every Quarter: 2021-09: 137.373, 2021-12: 199.318, 2022-03: 160.347, 2022-06: 210.651, 2022-09: 103.613, 2022-12: 262.702, 2023-03: 195.162, 2023-06: 253.674, 2023-09: 149.975, 2023-12: 202.4, 2024-03: 259.87, 2024-06: 300.789, 2024-09: 366.953, 2024-12: 771.093, 2025-03: 401.018, 2025-06: 769.651, 2025-09: 397.749, 2025-12: 833.777, 2026-03: 281.948, 2026-06: 403.104,
Rev. CAGR: 57.08%
Rev. Trend: 90.5%
Last SUE: 0.49
Qual. Beats: 0

Warnings

Below Avwap Earnings

Tailwinds

Idiosyncratic Leader
Confidence

Seasonality 11.6 years of data

Jan +1.8% 8
Feb -4.1% 41
Mar -1.4% 8
Apr +1.4% 14
May +0.3% 10
Jun +3.2% 6
Jul +3.5% 23
Aug -1.8% 51
Sep -0.7% 6
Oct -0.9% 11
Nov +4.8% 42
Dec -0.7% 11

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: BGN Banca Generali S.p.A.

Banca Generali S.p.A. is an Italian wealth management bank that distributes financial products and services to high net worth, affluent, and private clients through a network of financial advisors. Its operations are organized into two main segments: Private Banking (PB CGU) and Senior Partner (SP CGU). The companys offerings span current and deposit accounts, custody and administration of financial instruments, advisory on primary and secondary market transactions, asset management (including mutual funds and portfolio management), and the distribution of insurance and insurance investment products.

In addition to core financial services, Banca Generali provides specialized wealth advisory services covering corporate advisory, real estate advisory, art and collectibles advisory, and family protection and succession planning. Founded in 1997 and headquartered in Milan, the bank operates as a subsidiary of Assicurazioni Generali S.p.A., Italys largest insurance group. Within the asset management and custody banking space, the company is notable for its advisor-led distribution model, which differentiates it from digital-first wealth platforms and positions it within Italys established private banking tradition.

Headlines to Watch Out For
  • Record net inflows boost AUM and recurring fees
  • ECB rate cycle impacts net interest margin
  • Financial advisor network expansion fuels asset gathering
Piotroski VR-10 (Strict) 3.5
Net Income: 638.8m TTM > 0 and > 6% of Revenue
FCF/TA: -0.01 > 0.02 and ΔFCF/TA -4.98 > 1.0
NWC/Revenue: 38.71% < 20% (prev -606.5%; Δ 645.2% < -1%)
CFO/TA -0.01 > 3% & CFO -211.0m > Net Income 638.8m
Net Debt/EBITDA: error (cannot be calculated)
Current Ratio: 28.18 > 1.5 & < 3
Outstanding Shares: last quarter (114.3m) vs 12m ago -0.02% < -2%
Gross Margin: 69.65% > 18% (prev 62.76%; Δ 6.89% > 0.5%)
Asset Turnover: 10.53% > 50% (prev 13.13%; Δ -2.61% > 0%)
Interest Coverage Ratio: 6.54 > 6 (EBIT TTM 808.3m / Interest Expense TTM 123.6m)
Altman Z'' 0.70
A: 0.04 (Total Current Assets 769.2m - Total Current Liabilities 27.3m) / Total Assets 18.8b
B: 0.01 (Retained Earnings 278.7m / Total Assets 18.8b)
C: 0.04 (EBIT TTM 808.3m / Avg Total Assets 18.2b)
D: 0.09 (Book Value of Equity 1.51b / Total Liabilities 17.3b)
Altman-Z'' = 0.70 = B
What is the price of BGN shares?

As of September 05, 2026, the stock is trading at EUR 66.50 with a total of 174,315 shares traded. Over the past week, the price has changed by +0.76%, over one month by +0.00%, over three months by +20.91% and over the past year by +42.77%.

Current recommended Stop Loss: 64.70 (which is 2.7% or 1.4 ATR below the current price).

Is BGN a buy, sell or hold?

Banca Generali S.p.A. has no consensus analysts rating.

Banca Generali S.p.A. (BGN) - Fundamental Data Overview as of 01 September 2026
Market Cap USD = 8.81b (7.58b EUR * 1.1624 EUR.USD)
P/E Trailing = 14.4239
P/E Forward = 15.2207
P/S = 6.673
P/B = 4.985
P/EG = 15.2227
Revenue TTM = 1.92b EUR
EBIT TTM = 808.3m EUR
EBITDA TTM = 857.0m EUR
Long Term Debt = 234.7m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 15.5b EUR (from shortTermDebt, last fiscal year)
 Debt = unknown
 Net Debt = unknown
 Enterprise Value = 6.81b EUR (7.58b + (null Debt) - CCE 769.2m)
Interest Coverage Ratio = 6.54 (Ebit TTM 808.3m / Interest Expense TTM 123.6m)
EV/FCF = -28.66x (Enterprise Value 6.81b / FCF TTM -237.8m)
FCF Yield = -3.49% (FCF TTM -237.8m / Enterprise Value 6.81b)
FCF Margin = -12.40% (FCF TTM -237.8m / Revenue TTM 1.92b)
Net Margin = 33.33% (Net Income TTM 638.8m / Revenue TTM 1.92b)
Gross Margin = 69.65% ((Revenue TTM 1.92b - Cost of Revenue TTM 581.6m) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 0.36 (Enterprise Value 6.81b / Total Assets 18.8b)
 Interest Expense / Debt = unknown (Interest Expense 123.6m / Debt none)
 Taxrate = 20.91% (169.0m / 808.3m)
NOPAT = 639.3m (EBIT 808.3m * (1 - 20.91%))
Current Ratio = 28.18 (Total Current Assets 769.2m / Total Current Liabilities 27.3m)
 Debt / Equity = unknown (Debt none)
 Debt / EBITDA = unknown (Net Debt none / EBITDA 857.0m)
 Debt / FCF = unknown (Net Debt none / FCF TTM -237.8m)
 Total Stockholder Equity = 1.55b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.51% (Net Income 638.8m / Total Assets 18.8b)
RoE = 41.10% (Net Income TTM 638.8m / Total Stockholder Equity 1.55b)
RoCE = 45.18% (EBIT 808.3m / Capital Employed (Equity 1.55b + L.T.Debt 234.7m))
RoIC = 4.48% (EBIT 808.3m / (Assets 18.8b - Curr.Liab 27.3m - Cash 769.2m))
WACC = 7.56% (E(7.58b)/V(7.58b) * Re(7.56%) + (debt-free company))
Discount Rate = 7.56% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -81.23 | Cagr: -0.42%
 [DCF] Fair Price = unknown (Cash Flow -237.8m)
 EPS Correlation: 90.07 | EPS CAGR: 14.26% | SUE: N/A | # QB: 0
Revenue Correlation: 90.50 | Revenue CAGR: 57.08% | SUE: 0.49 | # QB: 0
EPS current Year (2026-12-31): EPS=3.74 | Chg30d=+2.41% | Revisions=+38% | GrowthEPS=+17.8% | GrowthRev=+10.9%
EPS next Year (2027-12-31): EPS=3.85 | Chg30d=+1.05% | Revisions=+38% | GrowthEPS=+2.7% | GrowthRev=+0.4%
[Analyst] Revisions Ratio: +46% (up=8, down=2)