BMPS Stock Analysis: Banca Monte dei Paschi di | MI

Banks - Regional | MI, Italy | Market Cap: 35.744m EUR | 12M Return: 66.2% | IT0005218752 | Charts, Fundamentals & Technical Analysis

Retail Banking, Wealth Management, Corporate Banking, Investment Banking
Total Rating 54
Safety 46
Buy Signal 0.51
Banks - Regional
Industry Rotation: +0.0
Market Cap: 41.0B
Avg Turnover: 108M
Risk 3d forecast
Volatility30.1%
VaR 5th Pctl5.10%
VaR vs Median2.88%
Reward TTM
Sharpe Ratio1.59
Rel. Str. IBD91.1
Rel. Str. Peer Group94.6
Character TTM
Beta0.557
Beta Downside-0.574
Hurst Exponent0.616
Drawdowns 3y
Max DD25.49%
CAGR/Max DD3.23
CAGR/Mean DD16.74
EPS (Earnings per Share) EPS (Earnings per Share) of BMPS over the last years for every Quarter: "2021-09": 19.16, "2021-12": -8.27, "2022-03": 1, "2022-06": 2.7, "2022-09": 0.42, "2022-12": 0.74, "2023-03": 0.19, "2023-06": 0.3, "2023-09": 0.25, "2023-12": 0.91, "2024-03": 0.27, "2024-06": 0.68, "2024-09": 0.34, "2024-12": 0.31, "2025-03": null, "2025-06": 0.39, "2025-09": 0.32, "2025-12": 0.52, "2026-03": 0.17, "2026-06": 0.2,
EPS CAGR: -8.73%
EPS Trend: -48.3%
Last SUE: 0.14
Qual. Beats: 0
Revenue Revenue of BMPS over the last years for every Quarter: 2021-09: 716.4, 2021-12: 722.6, 2022-03: 785.7, 2022-06: 756.6, 2022-09: 727.8, 2022-12: 836.4, 2023-03: 880.4, 2023-06: 972.6, 2023-09: 951.3, 2023-12: 989.6, 2024-03: 1618.2, 2024-06: 1014.1, 2024-09: 1126.9, 2024-12: 1005.3, 2025-03: 1445.2, 2025-06: 1043.4, 2025-09: 1123.9, 2025-12: 1905.7, 2026-03: 1959, 2026-06: 3954.4,
Rev. CAGR: 23.98%
Rev. Trend: 83.2%
Last SUE: 2.23
Qual. Beats: 1

Warnings

Strong Share Dilution

Tailwinds

Rs Leader
Idiosyncratic Leader

Seasonality 11.6 years of data

Jan +1.3% 7
Feb +3.2% 18
Mar -3.1% 18
Apr +6.1% 29
May +5.0% 34
Jun -3.4% 8
Jul +0.7% 7
Aug -3.6% 31
Sep -3.9% 34
Oct -9.7% 39
Nov +8.4% 33
Dec -3.2% 9

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: BMPS Banca Monte dei Paschi di

Banca Monte dei Paschi di Siena S.p.A. (BMPS) is an Italian diversified bank headquartered in Siena, operating through four core segments: Retail Banking, Wealth Management, Corporate Banking, and Large Corporate and Investment Banking. The bank, founded in 1472, is widely recognized as the worlds oldest surviving bank and offers a broad suite of financial products including deposit accounts, payment systems, mortgages, loans, insurance, pensions, and asset management services, alongside specialized offerings such as factoring, corporate finance, leasing, bancassurance, and notably third-party custody services for dairy products. Its client base spans private individuals, SMEs, corporate clients, and large institutional groups across Italy and select international markets.

As a Diversified Bank within the Financials sector, BMPS reflects the traditional Italian commercial banking model, which has historically emphasized regional retail penetration, relationship-based lending to SMEs, and cross-selling of credit and insurance products (bancassurance). Italian diversified banks typically derive a meaningful share of revenue from net interest income, supported by a large branch network and a structurally high ratio of bank deposits to GDP in the domestic market.

Headlines to Watch Out For
  • NPL disposals lower credit costs and boost earnings
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  • Mediobanca bid creates capital allocation uncertainty
Piotroski VR-10 (Strict) 1.0
Net Income: 3.97b TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 1.34 > 1.0
NWC/Revenue: -884.0% < 20% (prev -1.84k%; Δ 958.5% < -1%)
CFO/TA 0.01 > 3% & CFO 1.74b > Net Income 3.97b
Net Debt (62.0b) to EBITDA (4.34b): 14.27 < 3
Current Ratio: 0.12 > 1.5 & < 3
Outstanding Shares: last quarter (3.04b) vs 12m ago 141.1% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 4.81% > 50% (prev 3.68%; Δ 1.14% > 0%)
Interest Coverage Ratio: 1.97 > 6 (EBIT TTM 4.10b / Interest Expense TTM 2.08b)
Altman Z'' -1.82
A: -0.32 (Total Current Assets 11.0b - Total Current Liabilities 90.1b) / Total Assets 246b
B: 0.00 (Retained Earnings 1.12b / Total Assets 246b)
C: 0.02 (EBIT TTM 4.10b / Avg Total Assets 186b)
D: 0.12 (Book Value of Equity 26.4b / Total Liabilities 217b)
Altman-Z'' = -1.82 = D
What is the price of BMPS shares?

As of September 22, 2026, the stock is trading at EUR 11.98 with a total of 7,028,133 shares traded. Over the past week, the price has changed by +3.01%, over one month by +3.53%, over three months by +10.27% and over the past year by +66.17%.

Current recommended Stop Loss: 11.60 (which is 3.2% or 1.7 ATR below the current price).

Is BMPS a buy, sell or hold?

Banca Monte dei Paschi di has no consensus analysts rating.

Banca Monte dei Paschi di (BMPS) - Fundamental Data Overview as of 21 September 2026
Market Cap USD = 41.0b (35.7b EUR * 1.1465 EUR.USD)
P/E Trailing = 9.8033
P/E Forward = 6.1881
P/S = 6.3612
P/B = 1.3538
P/EG = 0.9579
Revenue TTM = 8.94b EUR
EBIT TTM = 4.10b EUR
EBITDA TTM = 4.34b EUR
Long Term Debt = 49.3b EUR (from longTermDebt, last fiscal year)
 Short Term Debt = unknown (none)
 Debt = 73.0b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 62.0b EUR (calculated: Debt 73.0b - CCE 11.0b)
Enterprise Value = 97.7b EUR (35.7b + Debt 73.0b - CCE 11.0b)
Interest Coverage Ratio = 1.97 (Ebit TTM 4.10b / Interest Expense TTM 2.08b)
EV/FCF = 60.27x (Enterprise Value 97.7b / FCF TTM 1.62b)
FCF Yield = 1.66% (FCF TTM 1.62b / Enterprise Value 97.7b)
FCF Margin = 18.13% (FCF TTM 1.62b / Revenue TTM 8.94b)
Net Margin = 44.39% (Net Income TTM 3.97b / Revenue TTM 8.94b)
 Gross Margin = unknown ((Revenue TTM 8.94b - Cost of Revenue TTM 399.0m) / Revenue TTM)
 Tobins Q-Ratio = 0.40 (Enterprise Value 97.7b / Total Assets 246b)
Interest Expense / Debt = 2.86% (Interest Expense 2.08b / Debt 73.0b)
Taxrate = 17.96% (353.8m / 1.97b)
NOPAT = 3.36b (EBIT 4.10b * (1 - 17.96%))
Current Ratio = 0.12 (Total Current Assets 11.0b / Total Current Liabilities 90.1b)
Debt / Equity = 2.76 (Debt 73.0b / totalStockholderEquity, last quarter 26.4b)
Debt / EBITDA = 14.27 (Net Debt 62.0b / EBITDA 4.34b)
Debt / FCF = 38.22 (Net Debt 62.0b / FCF TTM 1.62b)
Total Stockholder Equity = 23.7b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.14% (Net Income 3.97b / Total Assets 246b)
RoE = 16.75% (Net Income TTM 3.97b / Total Stockholder Equity 23.7b)
RoCE = 5.62% (EBIT 4.10b / Capital Employed (Equity 23.7b + L.T.Debt 49.3b))
RoIC = 2.16% (NOPAT 3.36b / Invested Capital 155b)
WACC = 4.18% (E(35.7b)/V(109b) * Re(7.94%) + D(73.0b)/V(109b) * Rd(2.86%) * (1-Tc(0.18)))
Discount Rate = 7.94% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 79.47 | Cagr: 47.85%
[DCF] Terminal Value 75.44% ; FCFF base≈1.62b ; Y1≈1.63b ; Y5≈1.72b
 [DCF] Fair Price = N/A (negative equity: EV 26.8b - Net Debt 62.0b = -35.1b; debt exceeds intrinsic value)
 EPS Correlation: -48.27 | EPS CAGR: -8.73% | SUE: 0.14 | # QB: 0
Revenue Correlation: 83.17 | Revenue CAGR: 23.98% | SUE: 2.23 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.18 | Chg30d=+0.00% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=0.78 | Chg30d=+1.50% | Revisions=+22% | GrowthEPS=-49.9% | GrowthRev=+97.4%
EPS next Year (2027-12-31): EPS=0.87 | Chg30d=+1.70% | Revisions=+57% | GrowthEPS=+23.5% | GrowthRev=+5.3%
[Analyst] Revisions Ratio: +46% (up=8, down=2)