(BPSO) Banca Popolare di Sondrio - Overview

Exchange: MI • Country: Italy • Currency: EUR • Type: Common Stock • ISIN: IT0000784196

Stock: Current Accounts, Deposits, Loans, Insurance, Digital Banking

Total Rating 51

Risk 82

Buy Signal 0.31

Banks - Regional » Regional Banks
Age: -

Market Cap: 9,048m
Avg Trading Vol: 7.97M EUR

ATR: 2.85%
Peers RS (IBD): 97.00

Risk 5d forecast
Volatility	29.7%
Relative Tail Risk	0.19%

Reward TTM
Sharpe Ratio	1.97
Alpha	76.89

Character TTM
Beta	0.395
Beta Downside	0.711

Drawdowns 3y
Max DD	23.65%
CAGR/Max DD	2.76

EPS (Earnings per Share)

EPS CAGR: 29.39%
EPS Trend: 88.2%

Qual. Beats: 0

Revenue

Rev. CAGR: 15.96%
Rev. Trend: 86.7%

Last SUE: 0.43
Qual. Beats: 0

Description: BPSO Banca Popolare di Sondrio February 19, 2026

Banca Popolare di Sondrio S.p.A. (MI:BPSO), a subsidiary of BPER Banca SpA, operates a diversified retail-banking franchise in Italy, serving households, SMEs, and institutional clients. Its product suite spans deposit accounts, a full range of loan and leasing facilities, factoring, trade finance, insurance, pension and wealth-management services, as well as digital banking and ancillary activities such as hotel operations.

As of Q3 2025, BPSO reported a net profit of €212 million, up 7 % YoY, while its CET1 ratio improved to 14.3 % (vs. 13.8 % at end-2024), reflecting a modest capital buffer increase. The loan book grew 3.2 % YoY to €31.5 billion, driven primarily by mortgage and SME lending, whereas the non-performing loan (NPL) ratio fell to 2.1 % (industry median ~2.5 %). Macro-level, Italy’s GDP grew 1.1 % YoY in Q2 2025 and the ECB’s policy rate remained at 3.75 %, sustaining a relatively tight net interest margin environment for regional banks.

For a deeper quantitative assessment, you might explore the BPSO profile on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 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 February 19, 2026, the stock is trading at EUR 17.36 with a total of 373,095 shares traded.
Over the past week, the price has changed by -4.75%, over one month by +2.21%, over three months by +21.06% and over the past year by +84.86%.

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?

Issuer	Target	Up/Down from current
Wallstreet Target Price	15.5	-10.7%
Analysts Target Price	-	-

BPSO Fundamental Data Overview February 18, 2026

Market Cap USD = 9.05b (7.62b EUR * 1.1867 EUR.USD)
P/E Trailing = 11.7708
P/S = 4.6064
P/B = 1.6714
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 = 4.29b EUR (7.62b + (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 4.29b)
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 = 0.08 (Enterprise Value 4.29b / 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 = 7.37% (E(7.62b)/V(7.62b) * Re(7.37%) + (debt-free company))
Discount Rate = 7.37% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -0.05%
Fair Price DCF = 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 | Chg30d=+0.100 | Revisions Net=+2 | Growth EPS=-3.9% | Growth Revenue=+1.1%
EPS next Year (2027-12-31): EPS=1.30 | Chg30d=-0.019 | Revisions Net=+0 | Growth EPS=-5.9% | Growth Revenue=+1.9%

Additional Sources for BPSO Stock

Fund Manager Positions: Dataroma | Stockcircle