FBK Stock Analysis: FinecoBank Banca Fineco | MI
Banks - Regional | MI, Italy | Market Cap: 13.466m EUR | 12M Return: 23.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 43.0M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
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.
FinecoBank Banca Fineco S.p.A. is an Italian financial services firm offering banking, credit, trading, and investment services primarily to retail customers. Its banking operations span current accounts, payment services, mortgages, overdrafts, personal loans, and debit, credit, and prepaid cards.
On the brokerage side, the company executes orders on global equity markets and provides access to a broad range of instruments, including CFDs, futures, options, bonds, ETFs, and certificates. Its asset management business includes the placement and distribution of UCITS and SICAV funds, as well as insurance and pension products, complemented by investment advisory services.
FinecoBank operates a hybrid distribution model that combines a network of personal financial advisors and physical financial shops with online and mobile banking channels. Founded in 1999 and headquartered in Reggio Emilia, Italy, the company is classified within the Diversified Banks sub-industry (GICS Financials). FinecoBank is widely regarded as one of the leading multichannel banks in Italy, a market where online and direct banking penetration has grown steadily as customers shift toward digital self-service alongside advisory support.
- ECB rate cuts pressure net interest margin expansion
- Brokerage income rises on volatile markets and active client trading
- International expansion drives net new money growth in Wealth Management
| Net Income: 973.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.73 > 1.0 |
| NWC/Revenue: 141.6% < 20% (prev 148.3%; Δ -6.69% < -1%) |
| CFO/TA 0.01 > 3% & CFO 436.4m > Net Income 973.9m |
| Net Debt/EBITDA: error (cannot be calculated) |
| Current Ratio: 669.4 > 1.5 & < 3 |
| Outstanding Shares: last quarter (611.5m) vs 12m ago 0.09% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 4.31% > 50% (prev 4.39%; Δ -0.08% > 0%) |
| Interest Coverage Ratio: 16.48 > 6 (EBIT TTM 1.41b / Interest Expense TTM 85.3m) |
| A: 0.06 (Total Current Assets 2.20b - Total Current Liabilities 3.29m) / Total Assets 37.3b |
| B: 0.05 (Retained Earnings 1.87b / Total Assets 37.3b) |
| C: 0.04 (EBIT TTM 1.41b / Avg Total Assets 36.0b) |
| D: 0.07 (Book Value of Equity 2.55b / Total Liabilities 34.7b) |
| Altman-Z'' = 0.89 = B |
As of July 08, 2026, the stock is trading at EUR 22.74 with a total of 1,621,308 shares traded. Over the past week, the price has changed by +3.32%, over one month by +7.60%, over three months by +5.28% and over the past year by +23.44%.
Current recommended Stop Loss: 22.10 (which is 2.8% or 1.4 ATR below the current price).
FinecoBank Banca Fineco has no consensus analysts rating.
P/E Trailing = 20.7642
P/E Forward = 24.8756
P/S = 10.1745
P/B = 4.9701
Revenue TTM = 1.55b EUR
EBIT TTM = 1.41b EUR
EBITDA TTM = 1.43b EUR
Long Term Debt = 1.64b EUR (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 11.3b EUR (13.5b + (null Debt) - CCE 2.20b)
Interest Coverage Ratio = 16.48 (Ebit TTM 1.41b / Interest Expense TTM 85.3m)
EV/FCF = 26.88x (Enterprise Value 11.3b / FCF TTM 419.0m)
FCF Yield = 3.72% (FCF TTM 419.0m / Enterprise Value 11.3b)
FCF Margin = 26.98% (FCF TTM 419.0m / Revenue TTM 1.55b)
Net Margin = 62.72% (Net Income TTM 973.9m / Revenue TTM 1.55b)
Gross Margin = unknown ((Revenue TTM 1.55b - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = 0.30 (Enterprise Value 11.3b / Total Assets 37.3b)
Interest Expense / Debt = unknown (Interest Expense 85.3m / Debt none)
Taxrate = 30.73% (432.1m / 1.41b)
NOPAT = 973.9m (EBIT 1.41b * (1 - 30.73%))
Current Ratio = 669.4 (out of range, set to none) (Total Current Assets 2.20b / Total Current Liabilities 3.29m)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 1.43b)
Debt / FCF = unknown (Net Debt none / FCF TTM 419.0m)
Total Stockholder Equity = 2.43b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.71% (Net Income 973.9m / Total Assets 37.3b)
RoE = 40.02% (Net Income TTM 973.9m / Total Stockholder Equity 2.43b)
RoCE = 34.53% (EBIT 1.41b / Capital Employed (Equity 2.43b + L.T.Debt 1.64b))
RoIC = 4.01% (EBIT 1.41b / (Assets 37.3b - Curr.Liab 3.29m - Cash 2.20b))
WACC = 6.89% (E(13.5b)/V(13.5b) * Re(6.89%) + (debt-free company))
Discount Rate = 6.89% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -21.48 | Cagr: -0.15%
[DCF] Terminal Value 77.97% ; FCFF base≈305.9m ; Y1≈350.7m ; Y5≈516.1m
[DCF] Fair Price = 12.69 (EV 7.77b - Net Debt 0.0 = Equity 7.77b / Shares 611.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 98.46 | EPS CAGR: 74.37% | SUE: 2.64 | # QB: 2
Revenue Correlation: 90.15 | Revenue CAGR: 11.98% | SUE: 0.99 | # QB: 1
EPS current Quarter (2026-03-31): EPS=0.26 | Chg30d=-2.43% | Revisions=-40% | Analysts=3
EPS next Quarter (2026-06-30): EPS=0.27 | Chg30d=+0.00% | Revisions=+25% | Analysts=3
EPS current Year (2026-12-31): EPS=1.09 | Chg30d=+0.25% | Revisions=+21% | GrowthEPS=+2.9% | GrowthRev=+8.9%
EPS next Year (2027-12-31): EPS=1.21 | Chg30d=+0.45% | Revisions=+62% | GrowthEPS=+11.4% | GrowthRev=+9.9%
[Analyst] Revisions Ratio: +37% (up=17, down=7)