FBK Stock Analysis: FinecoBank Banca Fineco | MI
Banks - Regional | MI, Italy | Market Cap: 13.307m EUR | 12M Return: 22.6% | IT0000072170 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 38.7M
EPS Trend: 98.5%
Qual. Beats: 2
Rev. Trend: -27.1%
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.7 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 company founded in 1999 and headquartered in Reggio Emilia. Listed on the Milan Stock Exchange under the ticker FBK, it operates as a diversified bank offering banking, credit, brokerage, and asset management services to retail customers in Italy.
Its banking offerings include current accounts, payment services, mortgages, overdrafts, personal loans, and debit, credit, and prepaid cards. The brokerage segment provides order execution with direct access to global equity markets, along with trading in CFDs, futures, options, bonds, ETFs, and certificates. On the asset management side, the company distributes UCITS and SICAV units, as well as insurance and pension products, supported by investment advisory services.
FinecoBank distributes its products through a hybrid model combining a network of personal financial advisors, physical financial shops, and online and mobile channels. As a diversified bank within Italys Financials sector, it combines traditional retail banking with brokerage and wealth management activities, serving customers through both advisory-led and direct digital channels.
- ECB rate cuts compress net interest margin
- Brokerage revenues rise on retail trading activity
- Financial advisor network expansion boosts AUM and fees
| Net Income: 670.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 2.08 > 1.0 |
| NWC/Revenue: -1.48k% < 20% (prev -2.19k%; Δ 719.2% < -1%) |
| CFO/TA 0.02 > 3% & CFO 967.1m > Net Income 670.5m |
| Net Debt (507.1m) to EBITDA (1.37b): 0.37 < 3 |
| Current Ratio: 0.05 > 1.5 & < 3 |
| Outstanding Shares: last quarter (611.9m) vs 12m ago 0.16% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 5.77% > 50% (prev 3.68%; Δ 2.09% > 0%) |
| Interest Coverage Ratio: 15.75 > 6 (EBIT TTM 1.34b / Interest Expense TTM 85.3m) |
| A: -0.81 (Total Current Assets 1.83b - Total Current Liabilities 33.4b) / Total Assets 38.7b |
| B: 0.01 (Retained Earnings 340.4m / Total Assets 38.7b) |
| C: 0.04 (EBIT TTM 1.34b / Avg Total Assets 37.0b) |
| D: 0.07 (Book Value of Equity 2.40b / Total Liabilities 36.3b) |
| Altman-Z'' = -5.00 = D |
| DSRI: 1.41 (Receivables 389.0m/167.5m, Revenue 2.14b/1.30b) |
| GMI: 0.91 (GM 90.67% / 99.78%) |
| AQI: 1.02 (AQ_t 0.95 / AQ_t-1 0.93) |
| SGI: 1.64 (Revenue 2.14b / 1.30b) |
| TATA: -0.01 (NI 670.5m - CFO 967.1m) / TA 38.7b) |
| Beneish M = -2.30 (Cap -4..+1) = BBB |
As of October 06, 2026, the stock is trading at EUR 21.58 with a total of 2,294,692 shares traded. Over the past week, the price has changed by -0.42%, over one month by -7.38%, over three months by -5.72% and over the past year by +22.59%.
Current recommended Stop Loss: 20.80 (which is 3.6% or 1.4 ATR below the current price).
FinecoBank Banca Fineco has no consensus analysts rating.
P/E Trailing = 19.7727
P/E Forward = 24.8756
P/S = 9.6431
P/B = 5.731
Revenue TTM = 2.14b EUR
EBIT TTM = 1.34b EUR
EBITDA TTM = 1.37b EUR
Long Term Debt = 811.2m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 972.2m EUR (from shortTermDebt, last quarter)
Debt = 2.34b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 507.1m EUR (calculated: Debt 2.34b - CCE 1.83b)
Enterprise Value = 13.8b EUR (13.3b + Debt 2.34b - CCE 1.83b)
Interest Coverage Ratio = 15.75 (Ebit TTM 1.34b / Interest Expense TTM 85.3m)
EV/FCF = 14.50x (Enterprise Value 13.8b / FCF TTM 952.8m)
FCF Yield = 6.90% (FCF TTM 952.8m / Enterprise Value 13.8b)
FCF Margin = 44.59% (FCF TTM 952.8m / Revenue TTM 2.14b)
Net Margin = 31.38% (Net Income TTM 670.5m / Revenue TTM 2.14b)
Gross Margin = unknown ((Revenue TTM 2.14b - Cost of Revenue TTM 4.69m) / Revenue TTM)
Tobins Q-Ratio = 0.36 (Enterprise Value 13.8b / Total Assets 38.7b)
Interest Expense / Debt = 3.65% (Interest Expense 85.3m / Debt 2.34b)
Taxrate = 31.64% (461.7m / 1.46b)
NOPAT = 918.6m (EBIT 1.34b * (1 - 31.64%))
Current Ratio = 0.05 (Total Current Assets 1.83b / Total Current Liabilities 33.4b)
Debt / Equity = 0.97 (Debt 2.34b / totalStockholderEquity, last quarter 2.40b)
Debt / EBITDA = 0.37 (Net Debt 507.1m / EBITDA 1.37b)
Debt / FCF = 0.53 (Net Debt 507.1m / FCF TTM 952.8m)
Total Stockholder Equity = 2.51b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.81% (Net Income 670.5m / Total Assets 38.7b)
RoE = 26.70% (Net Income TTM 670.5m / Total Stockholder Equity 2.51b)
RoCE = 40.44% (EBIT 1.34b / Capital Employed (Equity 2.51b + L.T.Debt 811.2m))
RoIC = 14.78% (NOPAT 918.6m / Invested Capital 6.22b)
WACC = 6.51% (E(13.3b)/V(15.6b) * Re(7.21%) + D(2.34b)/V(15.6b) * Rd(3.65%) * (1-Tc(0.32)))
Discount Rate = 7.21% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -2.19 | Cagr: 0.07%
[DCF] Terminal Value 77.97% ; FCFF base≈626.2m ; Y1≈717.8m ; Y5≈1.06b
[DCF] Fair Price = 25.16 (EV 15.9b - Net Debt 507.1m = Equity 15.4b / 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: -27.13 | Revenue CAGR: -6.16% | SUE: 3.01 | # 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=0.28 | Chg30d=+0.44% | Revisions=+25% | Analysts=3
EPS current Year (2026-12-31): EPS=1.14 | Chg30d=-0.09% | Revisions=+62% | GrowthEPS=+7.1% | GrowthRev=+12.2%
EPS next Year (2027-12-31): EPS=1.29 | Chg30d=+1.75% | Revisions=+70% | GrowthEPS=+13.5% | GrowthRev=+11.6%
[Analyst] Revisions Ratio: +61% (up=13, down=2)