(FBK) FinecoBank Banca Fineco SpA - Overview
Sector: Financial Services | Industry: Banks - Regional | Exchange: MI (Italy) | Market Cap: 12.622m EUR | Total Return: 13.8% in 12m
Avg Turnover: 37.4M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
FinecoBank Banca Fineco S.p.A. is an Italian financial institution providing integrated banking, brokerage, and asset management services. Founded in 1999, the company utilizes a multichannel distribution model that combines an extensive network of personal financial advisors with advanced online and mobile platforms.
The business operates through three primary segments: banking, brokerage, and investing. In the brokerage sector, Fineco maintains a competitive position as a leading European platform by transaction volume, offering direct access to global equity markets and complex derivative instruments. Its asset management division focuses on the distribution of UCITS, SICAVs, and pension products, reflecting a shift toward fee-based advisory services common among modern diversified banks.
You may find it useful to evaluate the companys historical margin trends on ValueRay. Headquartered in Reggio Emilia, FinecoBank serves a broad retail and professional client base through both digital channels and physical financial shops.
- Net interest income sensitivity to European Central Bank deposit rate adjustments
- Net new money inflows drive asset management and brokerage fee growth
- Operating leverage improves as digital platform scale lowers marginal customer costs
- Regulatory shifts in inducement rules threaten European wealth management fee structures
- Market volatility fluctuations impact retail brokerage transaction volumes and trading revenue
| Net Income: 973.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.81 > 1.0 |
| NWC/Revenue: 141.6% < 20% (prev 284.0%; Δ -142.4% < -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: 4.48% > 50% (prev 2.29%; Δ 2.18% > 0%) |
| Interest Coverage Ratio: 16.48 > 6 (EBITDA TTM 1.43b / Interest Expense TTM 85.3m) |
| A: 0.06 (Total Current Assets 2.20b - Total Current Liabilities 3.29m) / Total Assets 34.7b |
| B: 0.05 (Retained Earnings 1.87b / Total Assets 34.7b) |
| C: 0.04 (EBIT TTM 1.41b / Avg Total Assets 34.7b) |
| D: 0.06 (Book Value of Equity 2.07b / Total Liabilities 32.3b) |
| Altman-Z'' = 0.93 = BB |
As of May 24, 2026, the stock is trading at EUR 20.84 with a total of 2,320,859 shares traded.
Over the past week, the price has changed by +2.04%,
over one month by +0.03%,
over three months by +10.26% and
over the past year by +13.77%.
FinecoBank Banca Fineco SpA has no consensus analysts rating.
P/E Trailing = 19.4623
P/E Forward = 24.8756
P/S = 9.5365
P/B = 4.832
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 = 10.4b EUR (12.6b + (null Debt) - CCE 2.20b)
Interest Coverage Ratio = 16.48 (Ebit TTM 1.41b / Interest Expense TTM 85.3m)
EV/FCF = 24.87x (Enterprise Value 10.4b / FCF TTM 419.0m)
FCF Yield = 4.02% (FCF TTM 419.0m / Enterprise Value 10.4b)
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 10.4b / Total Assets 34.7b)
Interest Expense / Debt = unknown (Interest Expense 85.3m / Debt none)
Taxrate = 30.78% (146.4m / 475.6m)
NOPAT = 973.3m (EBIT 1.41b * (1 - 30.78%))
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 = 2.81% (Net Income 973.9m / Total Assets 34.7b)
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 = 4.33% (EBIT 1.41b / (Assets 34.7b - Curr.Liab 3.29m - Cash 2.20b))
WACC = 6.96% (E(12.6b)/V(12.6b) * Re(6.96%) + (debt-free company))
Discount Rate = 6.96% (= 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: 2.66 | # QB: 2
Revenue Correlation: 90.15 | Revenue CAGR: 11.98% | SUE: 0.99 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.27 | Chg30d=-0.30% | Revisions=+20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.28 | Chg30d=+3.82% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=1.09 | Chg30d=+0.73% | Revisions=+23% | GrowthEPS=+2.6% | GrowthRev=+8.5%
EPS next Year (2027-12-31): EPS=1.21 | Chg30d=+1.53% | Revisions=+33% | GrowthEPS=+11.1% | GrowthRev=+9.8%
[Analyst] Revisions Ratio: +33%