(BPE) BPER Banca SpA - Overview

Sector: Financial Services | Industry: Banks - Regional | Exchange: MI (Italy) | Market Cap: 24.168m EUR | Total Return: 54.8% in 12m

Banking, Loans, Mortgages, Wealth Management, Insurance
Total Rating 44
Safety 38
Buy Signal -0.33
Banks - Regional
Industry Rotation: +1.2
Market Cap: 28.1B
Avg Turnover: 101M
Risk 3d forecast
Volatility32.4%
VaR 5th Pctl5.70%
VaR vs Median6.94%
Reward TTM
Sharpe Ratio1.46
Rel. Str. IBD70.1
Rel. Str. Peer Group84.7
Character TTM
Beta0.592
Beta Downside0.173
Hurst Exponent0.486
Drawdowns 3y
Max DD24.65%
CAGR/Max DD3.16
CAGR/Mean DD16.78
EPS (Earnings per Share) EPS (Earnings per Share) of BPE over the last years for every Quarter: "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, "2025-12": 0.144,
EPS CAGR: 13.69%
EPS Trend: 47.0%
Qual. Beats: 0
Revenue Revenue of BPE over the last years for every Quarter: 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, 2025-12: 1906.292,
Rev. CAGR: 10.76%
Rev. Trend: 90.7%
Last SUE: 3.56
Qual. Beats: 4

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: BPE BPER Banca SpA

BPER Banca SpA is an Italian banking group headquartered in Modena, providing a comprehensive range of retail, corporate, and private banking services. Its operations include traditional lending, deposit-taking, and digital banking, alongside specialized divisions for wealth management, insurance, and international trade finance.

As a regional bank, BPER Banca relies on the Net Interest Margin (NIM) between loan interest and deposit costs, while increasingly generating fee-based income through asset management and insurance brokerage. The Italian banking sector is characterized by high fragmentation, leading many regional institutions to pursue growth through consolidation and digital transformation to offset legacy branch costs.

Investors can evaluate the underlying fundamentals of this business by exploring the detailed metrics available on ValueRay.

Founded in 1867, the company has expanded its footprint across Italy through strategic acquisitions, positioning itself as a major player in the domestic financial landscape. Its business model integrates traditional commercial banking with sophisticated wealth advisory services, including portfolio management and SICAVs, to serve a diverse client base ranging from individual savers to multinational corporations.

Headlines to Watch Out For
  • ECB monetary policy shifts impact net interest margin through variable rate loan repricing
  • Asset quality stability hinges on Italian corporate solvency and non-performing exposure management
  • Strategic wealth management expansion diversifies revenue away from traditional lending income
  • Operational efficiency gains depend on successful integration of acquired banking assets
  • Italian sovereign debt volatility influences capital ratios and funding cost dynamics
Piotroski VR-10 (Strict) 1.0
Net Income: 1.82b TTM > 0 and > 6% of Revenue
FCF/TA: 0.02 > 0.02 and ΔFCF/TA 4.03 > 1.0
NWC/Revenue: 161.4% < 20% (prev 127.9%; Δ 33.52% < -1%)
CFO/TA 0.02 > 3% & CFO 3.12b > Net Income 1.82b
Net Debt/EBITDA: error (cannot be calculated)
Current Ratio: 6.40 > 1.5 & < 3
Outstanding Shares: last quarter (1.96b) vs 12m ago 38.61% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 4.90% > 50% (prev 4.13%; Δ 0.77% > 0%)
Interest Coverage Ratio: 2.67 > 6 (EBITDA TTM 3.08b / Interest Expense TTM 1.02b)
Altman Z'' 0.71
A: 0.08 (Total Current Assets 13.2b - Total Current Liabilities 2.06b) / Total Assets 141b
B: 0.01 (Retained Earnings 1.82b / Total Assets 141b)
C: 0.02 (EBIT TTM 2.72b / Avg Total Assets 141b)
D: 0.01 (Book Value of Equity 1.82b / Total Liabilities 129b)
Altman-Z'' = 0.71 = B
What is the price of BPE shares?

As of May 24, 2026, the stock is trading at EUR 11.45 with a total of 9,799,827 shares traded.
Over the past week, the price has changed by -1.37%, over one month by -0.59%, over three months by -2.91% and over the past year by +54.76%.

Is BPE a buy, sell or hold?

BPER Banca SpA has no consensus analysts rating.

BPER Banca SpA (BPE) - Fundamental Data Overview as of 21 May 2026
Market Cap USD = 28.1b (24.2b EUR * 1.1625 EUR.USD)
P/E Trailing = 11.1519
P/E Forward = 5.8275
P/S = 3.8569
P/B = 1.4944
P/EG = 0.6486
Revenue TTM = 6.89b EUR
EBIT TTM = 2.72b EUR
EBITDA TTM = 3.08b EUR
 Long Term Debt = unknown (none)
 Short Term Debt = unknown (none)
 Debt = unknown
 Net Debt = unknown
 Enterprise Value = 11.0b EUR (24.2b + (null Debt) - CCE 13.2b)
Interest Coverage Ratio = 2.67 (Ebit TTM 2.72b / Interest Expense TTM 1.02b)
EV/FCF = 3.91x (Enterprise Value 11.0b / FCF TTM 2.81b)
FCF Yield = 25.56% (FCF TTM 2.81b / Enterprise Value 11.0b)
FCF Margin = 40.78% (FCF TTM 2.81b / Revenue TTM 6.89b)
Net Margin = 26.39% (Net Income TTM 1.82b / Revenue TTM 6.89b)
 Gross Margin = unknown ((Revenue TTM 6.89b - Cost of Revenue TTM 0.0) / Revenue TTM)
 Tobins Q-Ratio = 0.08 (Enterprise Value 11.0b / Total Assets 141b)
 Interest Expense / Debt = unknown (Interest Expense 1.02b / Debt none)
 Taxrate = 25.32% (117.3m / 463.3m)
NOPAT = 2.03b (EBIT 2.72b * (1 - 25.32%))
Current Ratio = 6.40 (Total Current Assets 13.2b / Total Current Liabilities 2.06b)
 Debt / Equity = unknown (Debt none)
 Debt / EBITDA = unknown (Net Debt none / EBITDA 3.08b)
 Debt / FCF = unknown (Net Debt none / FCF TTM 2.81b)
 Total Stockholder Equity = 13.9b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.29% (Net Income 1.82b / Total Assets 141b)
RoE = 13.05% (Net Income TTM 1.82b / Total Stockholder Equity 13.9b)
RoCE = 1.97% (EBIT 2.72b / Capital Employed (Total Assets 141b - Current Liab 2.06b))
RoIC = 2.17% (EBIT 2.72b / (Assets 141b - Curr.Liab 2.06b - Cash 13.2b))
WACC = 8.07% (E(24.2b)/V(24.2b) * Re(8.07%) + (debt-free company))
Discount Rate = 8.07% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 40.45 | Cagr: 0.13%
[DCF] Terminal Value 75.44% ; FCFF base≈2.81b ; Y1≈2.82b ; Y5≈2.99b
[DCF] Fair Price = 22.31 (EV 46.5b - Net Debt 0.0 = Equity 46.5b / Shares 2.08b; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: 47.04 | EPS CAGR: 13.69% | SUE: N/A | # QB: 0
Revenue Correlation: 90.74 | Revenue CAGR: 10.76% | SUE: 3.56 | # QB: 4
EPS current Quarter (2026-06-30): EPS=0.30 | Chg30d=-3.23% | Revisions=-20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.28 | Chg30d=+3.70% | Revisions=+20% | Analysts=1
EPS current Year (2026-12-31): EPS=1.13 | Chg30d=+0.83% | Revisions=+8% | GrowthEPS=-9.8% | GrowthRev=+14.8%
EPS next Year (2027-12-31): EPS=1.25 | Chg30d=+1.61% | Revisions=+38% | GrowthEPS=+10.4% | GrowthRev=+3.5%
[Analyst] Revisions Ratio: +38%