(BPSO) Banca Popolare di Sondrio - Overview

Sector: Financial Services | Industry: Banks - Regional | Exchange: MI (Italy) | Market Cap: 7.201m EUR | Total Return: 93.4% in 12m

Accounts, Deposits, Loans, Mortgages, Insurance
Total Rating 52
Safety 85
Buy Signal 0.04
Banks - Regional +8.3
Regional Banks +8.1
Market Cap: 8,296m
Avg Trading Vol: 6.68M EUR
ATR: 3.66%
Peers RS (IBD): 94.7
Risk 5d forecast
Volatility32.6%
Rel. Tail Risk-0.23%
Reward TTM
Sharpe Ratio1.62
Alpha43.40
Character TTM
Beta0.563
Beta Downside0.350
Drawdowns 3y
Max DD23.65%
CAGR/Max DD2.93
EPS (Earnings per Share) EPS (Earnings per Share) of BPSO over the last years for every Quarter: "2021-03": 0.13, "2021-06": 0.1722, "2021-09": 0.1441, "2021-12": 0.1493, "2022-03": 0.0896, "2022-06": 0.144, "2022-09": 0.1028, "2022-12": 0.2224, "2023-03": 0.2099, "2023-06": 0.2505, "2023-09": 0.3146, "2023-12": 0.2503, "2024-03": 0.3229, "2024-06": 0.2631, "2024-09": 0.3743, "2024-12": 0.318, "2025-03": 0.3853, "2025-06": 0.3622, "2025-09": 0.3924, "2025-12": null,
EPS CAGR: 29.39%
EPS Trend: 88.2%
Qual. Beats: 0
Revenue Revenue of BPSO over the last years for every Quarter: 2021-03: 265.819, 2021-06: 278.448, 2021-09: 264.936, 2021-12: 293.5, 2022-03: 248.358, 2022-06: 279.585, 2022-09: 272.715, 2022-12: 359.6, 2023-03: 358.375, 2023-06: 338.266, 2023-09: 386.447, 2023-12: 449.5, 2024-03: 429.461, 2024-06: 426.275, 2024-09: 442.182, 2024-12: 452.6, 2025-03: 443.92, 2025-06: 459.695, 2025-09: 442.31, 2025-12: 432.8,
Rev. CAGR: 15.96%
Rev. Trend: 86.7%
Last SUE: 0.43
Qual. Beats: 0
Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: BPSO Banca Popolare di Sondrio

Banca Popolare di Sondrio S.p.A. (BPSO) is an Italian regional bank offering a full suite of retail and SME banking services-including deposits, loans, leasing, factoring, digital banking, insurance, and even hotel operations-through its subsidiaries. Headquartered in Sondrio and owned by BPER Banca, it serves households, small- and medium-sized enterprises, and institutional clients across Italy.

As of Q4 2025, BPSO reported a CET1 capital ratio of 14.2% and a net profit of €112 million, reflecting a 6% YoY increase driven by higher loan-interest margins. The loan portfolio grew 3.8% year-over-year, while non-performing loans fell to 2.1%, underscoring improving credit quality. The bank’s digital channel usage rose to 38% of total transactions, aligning with the broader Italian banking sector’s shift toward online services amid low-interest-rate pressure.

For a deeper dive, you might explore ValueRay’s analysis of BPSO.

Headlines to Watch Out For
  • Italian interest rate policy impacts net interest income
  • Loan growth to SMEs drives revenue expansion
  • Regulatory capital requirements affect profitability
  • Economic conditions in Italy influence loan demand
  • Competition in Italian banking sector pressures margins
Piotroski VR‑10 (Strict) 2.5
Net Income: 648.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.0 > 0.02 and ΔFCF/TA 1.11 > 1.0
NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev)
CFO/TA 0.01 > 3% & CFO 471.7m > Net Income 648.0m
Net Debt (2.14b) to EBITDA (1.37b): 1.56 < 3
Current Ratio: error (cannot be calculated; needs correct Total Current Assets and Liabilities)
Outstanding Shares: last quarter (449.8m) vs 12m ago 0.01% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 3.14% > 50% (prev 3.09%; Δ 0.05% > 0%)
Interest Coverage Ratio: 3.81 > 6 (EBITDA TTM 1.37b / Interest Expense TTM 336.4m)
Altman Z''
A: error (Total Current Assets 3.33b - Total Current Liabilities none) / Total Assets 56.63b
B: 0.01 (Retained Earnings 648.0m / Total Assets 56.63b)
C: 0.02 (EBIT TTM 1.28b / Avg Total Assets 56.63b)
D: 0.01 (Book Value of Equity 648.0m / Total Liabilities 52.47b)
Beneish M
DSRI: none (Receivables none/none, Revenue 1.78b/1.75b)
GMI: 1.0 (GM 100.0% / 100.0%)
AQI: 1.01 (AQ_t 0.93 / AQ_t-1 0.92)
SGI: 1.02 (Revenue 1.78b / 1.75b)
TATA: 0.00 (NI 648.0m - CFO 471.7m) / TA 56.63b)
Beneish M-Score: cannot calculate (missing components)
What is the price of BPSO shares? As of April 06, 2026, the stock is trading at EUR 16.32 with a total of 187,605 shares traded.
Over the past week, the price has changed by +3.29%, over one month by +1.33%, over three months by -6.80% and over the past year by +93.40%.
Is BPSO a buy, sell or hold? Banca Popolare di Sondrio has no consensus analysts rating.
What are the forecasts/targets for the BPSO price?
Wallstreet Target Price 15.5 -5%
Analysts Target Price - -
BPSO Fundamental Data Overview as of 01 April 2026
Market Cap USD = 8.30b (7.20b EUR * 1.152 EUR.USD)
P/E Trailing = 11.1181
P/E Forward = 15.8228
P/S = 4.3506
P/B = 1.4147
Revenue TTM = 1.78b EUR
EBIT TTM = 1.28b EUR
EBITDA TTM = 1.37b EUR
 Long Term Debt = unknown (none)
 Short Term Debt = unknown (none)
 Debt = unknown
 Net Debt = 2.14b EUR (from netDebt column, last quarter)
Enterprise Value = 3.87b EUR (7.20b + (null Debt) - CCE 3.33b)
Interest Coverage Ratio = 3.81 (Ebit TTM 1.28b / Interest Expense TTM 336.4m)
 EV/FCF = unknown (FCF TTM 0.0)
 FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 3.87b)
FCF Margin = 0.0% (FCF TTM 0.0 / Revenue TTM 1.78b)
Net Margin = 36.43% (Net Income TTM 648.0m / Revenue TTM 1.78b)
 Gross Margin = unknown ((Revenue TTM 1.78b - Cost of Revenue TTM 0.0) / Revenue TTM)
 Tobins Q-Ratio = 0.07 (Enterprise Value 3.87b / Total Assets 56.63b)
 Interest Expense / Debt = unknown (Interest Expense 146.4m / Debt none)
 Taxrate = 30.86% (60.4m / 195.7m)
NOPAT = 886.5m (EBIT 1.28b * (1 - 30.86%))
 Current Ratio = unknown (Total Current Assets 3.33b / Total Current Liabilities none)
 Debt / Equity = unknown (Debt none)
 Debt / EBITDA = 1.56 (Net Debt 2.14b / EBITDA 1.37b)
 Debt / FCF = unknown (Net Debt 2.14b / FCF TTM 0.0)
 Total Stockholder Equity = 4.43b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.14% (Net Income 648.0m / Total Assets 56.63b)
RoE = 14.64% (Net Income TTM 648.0m / Total Stockholder Equity 4.43b)
 RoCE = unknown (EBIT 1.28b / Capital Employed )
 RoIC = 8.81% (NOPAT 886.5m / Invested Capital 10.06b)
WACC = 7.96% (E(7.20b)/V(7.20b) * Re(7.96%) + (debt-free company))
Discount Rate = 7.96% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.05%
 [DCF] Fair Price = unknown (Cash Flow 0.0)
 EPS Correlation: 88.23 | EPS CAGR: 29.39% | SUE: N/A | # QB: 0
Revenue Correlation: 86.68 | Revenue CAGR: 15.96% | SUE: 0.43 | # QB: 0
EPS current Year (2026-12-31): EPS=1.38 | Chg7d=+0.000 | Chg30d=+0.100 | Revisions Net=-2 | Growth EPS=-3.9% | Growth Revenue=+1.1%
EPS next Year (2027-12-31): EPS=1.42 | Chg7d=+0.090 | Chg30d=+0.100 | Revisions Net=-2 | Growth EPS=+2.6% | Growth Revenue=+2.5%
[Analyst] Revisions Ratio: -1.00 (0 Up / 2 Down within 30d for Current Year)
[Growth] Implied Growth Rate = -1.0% (Discount Rate 8.0% - Earnings Yield 9.0%)
[Growth] Growth Spread = +3.5% (Analyst 2.5% - Implied -1.0%)