(BPE) BPER Banca SpA - Overview

Exchange: MI • Country: Italy • Currency: EUR • Type: Common Stock • ISIN: IT0000066123

Stock: Accounts, Loans, Mortgages, Cards, Investments

Total Rating 52
Risk 85
Buy Signal 0.06
Risk 5d forecast
Volatility 31.2%
Relative Tail Risk -3.00%
Reward TTM
Sharpe Ratio 2.13
Alpha 86.60
Character TTM
Beta 0.421
Beta Downside 0.838
Drawdowns 3y
Max DD 24.65%
CAGR/Max DD 3.10

EPS (Earnings per Share)

EPS (Earnings per Share) of BPE over the last years for every Quarter: "2020-12": 0.01, "2021-03": 0.28, "2021-06": 0.07, "2021-09": 0.06, "2021-12": -0.04, "2022-03": 0.078, "2022-06": 0.8791, "2022-09": 0.0559, "2022-12": -0.04, "2023-03": 0.198, "2023-06": 0.2879, "2023-09": 0.2641, "2023-12": 0.3056, "2024-03": 0.32, "2024-06": 0.1846, "2024-09": 0.28, "2024-12": 0.18, "2025-03": 0.31, "2025-06": 0.318, "2025-09": 0.3196,

Revenue

Revenue of BPE over the last years for every Quarter: 2020-12: 633.157, 2021-03: 833.025, 2021-06: 936.608, 2021-09: 972.192, 2021-12: 873.028, 2022-03: 962.866, 2022-06: 996.374, 2022-09: 1107.949, 2022-12: 1101.876, 2023-03: 1400.351, 2023-06: 1445.897, 2023-09: 1384.721, 2023-12: 1400.36, 2024-03: 1474.743, 2024-06: 1539.432, 2024-09: 1465.073, 2024-12: 1326.876, 2025-03: 1524.228, 2025-06: 1515.481, 2025-09: 1943.835018,

Description: BPE BPER Banca SpA February 19, 2026

BPER Banca SpA (MI:BPE) is an Italian-based universal bank that serves retail, corporate and professional clients domestically and abroad. Its product suite spans current and savings accounts, credit facilities (including mortgages and SME loans), insurance, digital banking, payment-processing, leasing, import-export financing, wealth-management advisory, and a range of investment vehicles such as funds and SICAVs. Founded in 1867 and headquartered in Modena, the bank operates within the GICS “Regional Banks” sub-industry.

As of Q4 2025, BPER reported a net profit of € 361 million, a 7 % YoY increase, while its CET1 capital ratio rose to 15.2 %-well above the ECB’s minimum requirement. The loan book expanded 3 % year-over-year, driven primarily by a rebound in SME lending, whereas the non-performing loan (NPL) ratio fell to 2.5 %, reflecting continued credit-quality improvement. Digital adoption remains a key growth lever: 45 % of total transactions were processed through online channels in 2025, up from 38 % in 2023. Macro-level, BPER’s earnings are sensitive to Italy’s GDP growth (forecast ≈ 0.9 % for 2025) and the ECB’s policy rate trajectory, which influences net interest margins.

For a deeper quantitative assessment, consider exploring ValueRay’s analytics to model BPER’s risk-adjusted return profile.

Piotroski VR‑10 (Strict, 0-10) 2.0

Net Income: 1.74b TTM > 0 and > 6% of Revenue
FCF/TA: -0.01 > 0.02 and ΔFCF/TA -1.52 > 1.0
NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev)
CFO/TA -0.01 > 3% & CFO -2.50b > Net Income 1.74b
Net Debt (12.54b) to EBITDA (4.04b): 3.10 < 3
Current Ratio: error (cannot be calculated; needs correct Total Current Assets and Liabilities)
Outstanding Shares: last quarter (1.96b) vs 12m ago 38.33% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 3.66% > 50% (prev 4.20%; Δ -0.54% > 0%)
Interest Coverage Ratio: 3.60 > 6 (EBITDA TTM 4.04b / Interest Expense TTM 1.02b)

Altman Z''

A: error (Total Current Assets 12.30b - Total Current Liabilities none) / Total Assets 204.84b
B: 0.01 (Retained Earnings 1.48b / Total Assets 204.84b)
C: 0.02 (EBIT TTM 3.66b / Avg Total Assets 172.39b)
D: 0.01 (Book Value of Equity 1.48b / Total Liabilities 187.70b)

Beneish M

DSRI: none (Receivables none/none, Revenue 6.31b/5.88b)
GMI: 0.24 (GM 100.0% / 23.82%)
AQI: 1.02 (AQ_t 0.92 / AQ_t-1 0.91)
SGI: 1.07 (Revenue 6.31b / 5.88b)
TATA: 0.02 (NI 1.74b - CFO -2.50b) / TA 204.84b)
Beneish M-Score: cannot calculate (missing components)

What is the price of BPE shares?

As of February 19, 2026, the stock is trading at EUR 11.96 with a total of 5,469,518 shares traded.
Over the past week, the price has changed by -4.63%, over one month by +1.74%, over three months by +19.84% and over the past year by +94.82%.

Is BPE a buy, sell or hold?

BPER Banca SpA has no consensus analysts rating.

What are the forecasts/targets for the BPE price?

Issuer Target Up/Down from current
Wallstreet Target Price 13.7 14.4%
Analysts Target Price - -

BPE Fundamental Data Overview February 18, 2026

Market Cap USD = 27.40b (23.09b EUR * 1.1867 EUR.USD)
P/E Trailing = 10.7982
P/E Forward = 5.8275
P/S = 3.8895
P/B = 1.3929
P/EG = 1.3
Revenue TTM = 6.31b EUR
EBIT TTM = 3.66b EUR
EBITDA TTM = 4.04b EUR
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = 12.54b EUR (from netDebt column, last quarter)
Enterprise Value = 10.79b EUR (23.09b + (null Debt) - CCE 12.30b)
Interest Coverage Ratio = 3.60 (Ebit TTM 3.66b / Interest Expense TTM 1.02b)
EV/FCF = -3.78x (Enterprise Value 10.79b / FCF TTM -2.85b)
FCF Yield = -26.44% (FCF TTM -2.85b / Enterprise Value 10.79b)
FCF Margin = -45.22% (FCF TTM -2.85b / Revenue TTM 6.31b)
Net Margin = 27.64% (Net Income TTM 1.74b / Revenue TTM 6.31b)
Gross Margin = unknown ((Revenue TTM 6.31b - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = 0.05 (Enterprise Value 10.79b / Total Assets 204.84b)
Interest Expense / Debt = unknown (Interest Expense 424.3m / Debt none)
Taxrate = 31.03% (276.5m / 890.8m)
NOPAT = 2.53b (EBIT 3.66b * (1 - 31.03%))
Current Ratio = unknown (Total Current Assets 12.30b / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = 3.10 (Net Debt 12.54b / EBITDA 4.04b)
Debt / FCF = -4.40 (negative FCF - burning cash) (Net Debt 12.54b / FCF TTM -2.85b)
Total Stockholder Equity = 12.64b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.01% (Net Income 1.74b / Total Assets 204.84b)
RoE = 13.80% (Net Income TTM 1.74b / Total Stockholder Equity 12.64b)
RoCE = unknown (EBIT 3.66b / Capital Employed )
RoIC = 7.54% (NOPAT 2.53b / Invested Capital 33.49b)
WACC = 7.47% (E(23.09b)/V(23.09b) * Re(7.47%) + (debt-free company))
Discount Rate = 7.47% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 0.15%
Fair Price DCF = unknown (Cash Flow -2.85b)
EPS Correlation: 23.17 | EPS CAGR: 103.0% | SUE: 0.09 | # QB: 0
Revenue Correlation: 88.76 | Revenue CAGR: 23.79% | SUE: 1.26 | # QB: 3
EPS current Year (2026-12-31): EPS=1.15 | Chg30d=+0.050 | Revisions Net=+2 | Growth EPS=+0.0% | Growth Revenue=+14.6%
EPS next Year (2027-12-31): EPS=1.23 | Chg30d=+0.060 | Revisions Net=+6 | Growth EPS=+7.2% | Growth Revenue=+2.4%

Additional Sources for BPE Stock

Fund Manager Positions: Dataroma | Stockcircle