View ValuationBanco BPM 향후 성장Future 기준 점검 2/6Banco BPM (는) 각각 연간 5.7% 및 7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 5.6% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 14% 로 예상됩니다.핵심 정보5.7%이익 성장률5.58%EPS 성장률Banks 이익 성장8.9%매출 성장률7.0%향후 자기자본이익률13.97%애널리스트 커버리지Good마지막 업데이트13 Aug 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공고 • Aug 23Banca Monte dei Paschi di Siena S.p.A. (BIT:BMPS) proposed to acquire Banco BPM S.p.A. (BIT:BAMI) from Crédit Agricole S.A. (ENXTPA:ACA), BlackRock, Inc. (NYSE:BLK) and others for €27.7 billion.Banca Monte dei Paschi di Siena S.p.A. (BIT:BMPS) proposed to acquire Banco BPM S.p.A. (BIT:BAMI) from Crédit Agricole S.A. (ENXTPA:ACA), BlackRock, Inc. (NYSE:BLK) and others for €27.7 billion on August 20, 2026. Under the terms of the acquisition, Banca Monte dei Paschi di Siena S.p.A. will acquire all of the ordinary shares of Banco BPM S.p.A. through a voluntary full public exchange offer. The exchange ratio has been set at 1.567 newly issued shares of Banca Monte dei Paschi di Siena S.p.A. for each existing share of Banco BPM. In a related transaction, Banca Monte dei Paschi di Siena S.p.A. proposed to acquire Banca Generali S.p.A. On full acceptance of both offers, and taking into account the effects of the merger of Mediobanca anca di Credito Finanziario S.p.A. in Banca Monte dei Paschi di Siena , the current Banca Monte dei Paschi di Siena shareholders would hold approximately 50.1% of the combined group, Banco BPM shareholders approximately 37.2% and Banca Generali shareholders approximately 12.7%. Fondazione Cassa di Risparmio di Lucca, Fondazione Cassa di Risparmio di Alessandria, Fondazione ENPAM, Fondazione Cassa di Risparmio di Carpi, Fondazione Cassa di Risparmio di Reggio Emilia Pietro Manodori, Inarcassa – Cassa Nazionale di Previdenza ed Assistenza per ingegneri e architetti liberi professionisti and Cassa Nazionale di Previdenzae Assistenza forense, which together hold approximately 89.95 million shares of Banco BPM S.p.A., representing 5.93% of Banco BPM S.p.A.'s share capital have supported the acquisition. In any event on closing of the offer, if Banca Monte dei Paschi di Siena S.p.A. achieves at least 90% of the Banco BPM S.p.A.'s share capital, Banca Monte dei Paschi di Siena S.p.A. intends to achieve the delisting of the Banco BPM S.p.A. Shares from Euronext Milan. The transaction is subject to approval by the shareholders of Banca Monte dei Paschi di Siena S.p.A., approval by Commissione Nazionale per le Società e la Borsa (CONSOB) and obtaining a minimum acceptance of 50% of the Banco BPM S.p.A.'s share capital plus one share. The deal has been approved by the board of directors of Banca Monte dei Paschi di Siena S.p.A. The transaction is expected to close by mid-February 2027. The combined Offers are expected to generate around 11% accretion in 2028 EPS taking into account the full realisation of expected synergies. UBS Europe SE, Italian Branch acted as financial advisor to Banca Monte dei Paschi di Siena S.p.A. BofA Securities Europe SA acted as financial advisor to Banca Monte dei Paschi di Siena S.p.A. Vitale&Co. S.P.A. acted as financial advisor to Banca Monte dei Paschi di Siena S.p.A. Keefe, Bruyette & Woods, Inc. acted as financial advisor to Banca Monte dei Paschi di Siena S.p.A. Bonelli Erede Pappalardo Studio Legale acted as legal advisor to Banca Monte dei Paschi di Siena S.p.A. White & Case LLP acted as legal advisor to Banca Monte dei Paschi di Siena S.p.A. Clifford Chance Studio Legale Associato acted as legal advisor to Banca Monte dei Paschi di Siena S.p.A. PricewaterhouseCoopers SpA acted as fairness opinion provider to Banca Monte dei Paschi di Siena S.p.A.Reported Earnings • Aug 06Second quarter 2026 earnings releasedSecond quarter 2026 results: Revenue: €1.59b (up 15% from 2Q 2025). Net income: €580.6m (down 18% from 2Q 2025). Profit margin: 37% (down from 51% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Banks industry in Europe.Reported Earnings • May 06First quarter 2026 earnings releasedFirst quarter 2026 results: EPS: €0.32. Revenue: €1.45b (up 3.0% from 1Q 2025). Net income: €479.7m (down 6.1% from 1Q 2025). Profit margin: 33% (down from 36% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Banks industry in Europe.Buy Or Sell Opportunity • Apr 20Now 25% undervaluedThe stock has been flat over the last 90 days, currently trading at €12.68. The fair value is estimated to be €16.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings are also forecast to grow by 1.3% per annum over the same time period.Upcoming Dividend • Apr 13Upcoming dividend of €0.54 per shareEligible shareholders must have bought the stock before 20 April 2026. Payment date: 22 April 2026. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 7.9%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.7%).Reported Earnings • Mar 23Full year 2025 earnings released: EPS: €1.39 (vs €1.27 in FY 2024)Full year 2025 results: EPS: €1.39 (up from €1.27 in FY 2024). Revenue: €5.38b (down 1.3% from FY 2024). Net income: €2.08b (up 8.7% from FY 2024). Profit margin: 39% (up from 35% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Banks industry in Europe.Buy Or Sell Opportunity • Mar 02Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.4% to €12.19. The fair value is estimated to be €15.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 1.5% per annum over the same time period.Buy Or Sell Opportunity • Feb 14Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.6% to €11.78. The fair value is estimated to be €15.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 1.5% per annum over the same time period.New Risk • Feb 09New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 7.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Feb 07Full year 2025 earnings released: EPS: €1.39 (vs €1.27 in FY 2024)Full year 2025 results: EPS: €1.39 (up from €1.27 in FY 2024). Revenue: €5.56b (up 2.0% from FY 2024). Net income: €2.08b (up 8.7% from FY 2024). Profit margin: 37% (up from 35% in FY 2024). The increase in margin was primarily driven by higher revenue. Cost-to-income ratio: 46.0% (down from 46.6% in FY 2024). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Banks industry in Europe.공고 • Jan 21+ 4 more updatesBanco BPM S.p.A. to Report Q3, 2026 Results on Nov 05, 2026Banco BPM S.p.A. announced that they will report Q3, 2026 results on Nov 05, 2026Reported Earnings • Nov 07Third quarter 2025 earnings releasedThird quarter 2025 results: EPS: €0.30. Revenue: €1.37b (flat on 3Q 2024). Net income: €450.3m (down 52% from 3Q 2024). Profit margin: 33% (down from 69% in 3Q 2024). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Banks industry in Europe.이익 및 매출 성장 예측XTRA:BPM - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20286,7082,252N/AN/A1212/31/20276,5062,165N/AN/A1212/31/20266,2802,038N/AN/A126/30/20265,3331,928-7,384-7,279N/A3/31/20265,4242,051N/AN/AN/A12/31/20255,3832,082-4,054-3,542N/A9/30/20255,7171,884N/AN/AN/A6/30/20256,0342,3812,7613,431N/A3/31/20255,5042,056N/AN/AN/A12/31/20245,4541,915-5,227-4,971N/A9/30/20244,9932,013N/AN/AN/A6/30/20244,8521,385-9,655-9,443N/A3/31/20244,8211,365N/AN/AN/A12/31/20234,5861,2605,7045,893N/A9/30/20234,4091,159N/AN/AN/A6/30/20234,064955-10,808-10,533N/A3/31/20233,861790N/AN/AN/A12/31/20223,765682-16,002-15,676N/A9/30/20223,433657N/AN/AN/A6/30/20223,52255911,85112,079N/A3/31/20223,423647N/AN/AN/A12/31/20213,29756919,48319,681N/A9/30/20213,242322N/AN/AN/A6/30/20212,86927719,26419,441N/A3/31/20212,760-31N/AN/AN/A12/31/20202,587217,2937,446N/A9/30/20203,076358N/AN/AN/A6/30/20203,108299-348-161N/A3/31/20203,727793N/AN/AN/A12/31/20193,695797N/A-193N/A9/30/20192,531102N/AN/AN/A6/30/20193,058190N/A-115N/A3/31/20192,491-133N/AN/AN/A12/31/20182,607-60N/A202N/A9/30/20183,076-689N/AN/AN/A6/30/20182,506-918N/A-1,186N/A3/31/20182,565-1,094N/AN/AN/A12/31/20172,4311,854N/A1,010N/A9/30/20171,0272,037N/AN/AN/A6/30/20171,2061,775N/A-2,827N/A3/31/20177871,822N/AN/AN/A12/31/2016199-1,728N/A-5,329N/A9/30/20161,117-631N/AN/AN/A6/30/20161,706-248N/A1,635N/A3/31/20161,889-85N/AN/AN/A12/31/20152,555432N/A2,847N/A9/30/2015-148-1,468N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: BPM 의 연간 예상 수익 증가율(5.7%)이 saving rate(2.1%)보다 높습니다.수익 vs 시장: BPM 의 연간 수익(5.7%)이 German 시장(15.2%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: BPM 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: BPM 의 수익(연간 7%)이 German 시장(연간 6.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: BPM 의 수익(연간 7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: BPM의 자본 수익률은 3년 후 14%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YBanks 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/24 08:20종가2026/08/20 00:00수익2026/06/30연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Banco BPM S.p.A.는 30명의 분석가가 다루고 있습니다. 이 중 12명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Juan Lopez CoboBanco SantanderPaola SabbioneBarclaysMarta BastoniBarclays27명의 분석가 더 보기
공고 • Aug 23Banca Monte dei Paschi di Siena S.p.A. (BIT:BMPS) proposed to acquire Banco BPM S.p.A. (BIT:BAMI) from Crédit Agricole S.A. (ENXTPA:ACA), BlackRock, Inc. (NYSE:BLK) and others for €27.7 billion.Banca Monte dei Paschi di Siena S.p.A. (BIT:BMPS) proposed to acquire Banco BPM S.p.A. (BIT:BAMI) from Crédit Agricole S.A. (ENXTPA:ACA), BlackRock, Inc. (NYSE:BLK) and others for €27.7 billion on August 20, 2026. Under the terms of the acquisition, Banca Monte dei Paschi di Siena S.p.A. will acquire all of the ordinary shares of Banco BPM S.p.A. through a voluntary full public exchange offer. The exchange ratio has been set at 1.567 newly issued shares of Banca Monte dei Paschi di Siena S.p.A. for each existing share of Banco BPM. In a related transaction, Banca Monte dei Paschi di Siena S.p.A. proposed to acquire Banca Generali S.p.A. On full acceptance of both offers, and taking into account the effects of the merger of Mediobanca anca di Credito Finanziario S.p.A. in Banca Monte dei Paschi di Siena , the current Banca Monte dei Paschi di Siena shareholders would hold approximately 50.1% of the combined group, Banco BPM shareholders approximately 37.2% and Banca Generali shareholders approximately 12.7%. Fondazione Cassa di Risparmio di Lucca, Fondazione Cassa di Risparmio di Alessandria, Fondazione ENPAM, Fondazione Cassa di Risparmio di Carpi, Fondazione Cassa di Risparmio di Reggio Emilia Pietro Manodori, Inarcassa – Cassa Nazionale di Previdenza ed Assistenza per ingegneri e architetti liberi professionisti and Cassa Nazionale di Previdenzae Assistenza forense, which together hold approximately 89.95 million shares of Banco BPM S.p.A., representing 5.93% of Banco BPM S.p.A.'s share capital have supported the acquisition. In any event on closing of the offer, if Banca Monte dei Paschi di Siena S.p.A. achieves at least 90% of the Banco BPM S.p.A.'s share capital, Banca Monte dei Paschi di Siena S.p.A. intends to achieve the delisting of the Banco BPM S.p.A. Shares from Euronext Milan. The transaction is subject to approval by the shareholders of Banca Monte dei Paschi di Siena S.p.A., approval by Commissione Nazionale per le Società e la Borsa (CONSOB) and obtaining a minimum acceptance of 50% of the Banco BPM S.p.A.'s share capital plus one share. The deal has been approved by the board of directors of Banca Monte dei Paschi di Siena S.p.A. The transaction is expected to close by mid-February 2027. The combined Offers are expected to generate around 11% accretion in 2028 EPS taking into account the full realisation of expected synergies. UBS Europe SE, Italian Branch acted as financial advisor to Banca Monte dei Paschi di Siena S.p.A. BofA Securities Europe SA acted as financial advisor to Banca Monte dei Paschi di Siena S.p.A. Vitale&Co. S.P.A. acted as financial advisor to Banca Monte dei Paschi di Siena S.p.A. Keefe, Bruyette & Woods, Inc. acted as financial advisor to Banca Monte dei Paschi di Siena S.p.A. Bonelli Erede Pappalardo Studio Legale acted as legal advisor to Banca Monte dei Paschi di Siena S.p.A. White & Case LLP acted as legal advisor to Banca Monte dei Paschi di Siena S.p.A. Clifford Chance Studio Legale Associato acted as legal advisor to Banca Monte dei Paschi di Siena S.p.A. PricewaterhouseCoopers SpA acted as fairness opinion provider to Banca Monte dei Paschi di Siena S.p.A.
Reported Earnings • Aug 06Second quarter 2026 earnings releasedSecond quarter 2026 results: Revenue: €1.59b (up 15% from 2Q 2025). Net income: €580.6m (down 18% from 2Q 2025). Profit margin: 37% (down from 51% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Banks industry in Europe.
Reported Earnings • May 06First quarter 2026 earnings releasedFirst quarter 2026 results: EPS: €0.32. Revenue: €1.45b (up 3.0% from 1Q 2025). Net income: €479.7m (down 6.1% from 1Q 2025). Profit margin: 33% (down from 36% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Banks industry in Europe.
Buy Or Sell Opportunity • Apr 20Now 25% undervaluedThe stock has been flat over the last 90 days, currently trading at €12.68. The fair value is estimated to be €16.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings are also forecast to grow by 1.3% per annum over the same time period.
Upcoming Dividend • Apr 13Upcoming dividend of €0.54 per shareEligible shareholders must have bought the stock before 20 April 2026. Payment date: 22 April 2026. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 7.9%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.7%).
Reported Earnings • Mar 23Full year 2025 earnings released: EPS: €1.39 (vs €1.27 in FY 2024)Full year 2025 results: EPS: €1.39 (up from €1.27 in FY 2024). Revenue: €5.38b (down 1.3% from FY 2024). Net income: €2.08b (up 8.7% from FY 2024). Profit margin: 39% (up from 35% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Banks industry in Europe.
Buy Or Sell Opportunity • Mar 02Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.4% to €12.19. The fair value is estimated to be €15.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 1.5% per annum over the same time period.
Buy Or Sell Opportunity • Feb 14Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.6% to €11.78. The fair value is estimated to be €15.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 1.5% per annum over the same time period.
New Risk • Feb 09New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 7.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Feb 07Full year 2025 earnings released: EPS: €1.39 (vs €1.27 in FY 2024)Full year 2025 results: EPS: €1.39 (up from €1.27 in FY 2024). Revenue: €5.56b (up 2.0% from FY 2024). Net income: €2.08b (up 8.7% from FY 2024). Profit margin: 37% (up from 35% in FY 2024). The increase in margin was primarily driven by higher revenue. Cost-to-income ratio: 46.0% (down from 46.6% in FY 2024). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Banks industry in Europe.
공고 • Jan 21+ 4 more updatesBanco BPM S.p.A. to Report Q3, 2026 Results on Nov 05, 2026Banco BPM S.p.A. announced that they will report Q3, 2026 results on Nov 05, 2026
Reported Earnings • Nov 07Third quarter 2025 earnings releasedThird quarter 2025 results: EPS: €0.30. Revenue: €1.37b (flat on 3Q 2024). Net income: €450.3m (down 52% from 3Q 2024). Profit margin: 33% (down from 69% in 3Q 2024). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Banks industry in Europe.