BPER Banca Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

XTRA:4BE Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
15 May 25	Sell€347,288	Gianni Giacomo Papa	Individual		43,912	€7.96

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 4BE?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	65,906	0.00336%
Public Companies	322,355,126	16.4%
Institutions	583,659,096	29.7%
General Public	1,057,404,169	53.9%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 38.3%.

Top Shareholders

Top 25 shareholders own 45.08% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
16.4%	Unipol Assicurazioni S.p.A.	322,355,126	€3.1b	14.5%	99.99%
5.34%	Fondazione Di Sardegna	104,837,610	€1.0b	-27.7%	no data
5%	BlackRock, Inc.	98,200,893	€951.0m	-4,840%	0.01%
4%	JPMorgan Chase & Co.	78,536,196	€760.5m	78.2%	0.12%
2.81%	The Vanguard Group, Inc.	55,124,264	€533.8m	26.5%	0.01%
2.09%	Norges Bank Investment Management	41,010,438	€397.1m	0%	0.03%
2.04%	Dimensional Fund Advisors LP	40,057,720	€387.9m	5.38%	0.06%
1.34%	Massachusetts Financial Services Company	26,395,731	€255.6m	8.12%	0.06%
0.86%	JP Morgan Asset Management	16,978,055	€164.4m	0.31%	0.02%
0.62%	Columbia Management Investment Advisers, LLC	12,255,038	€118.7m	49.1%	0.03%
0.57%	Eleva Capital LLP	11,224,871	€108.7m	0%	1.7%
0.49%	Geode Capital Management, LLC	9,683,654	€93.8m	0.44%	0.01%
0.46%	Deutsche Asset & Wealth Management	9,121,346	€88.3m	25.8%	0.02%
0.46%	Eleva Capital S.A.S.	8,993,646	€87.1m	0%	1.03%
0.43%	Hartford Funds Management Company, LLC	8,495,772	€82.3m	4.54%	0.3%
0.36%	Amundi Asset Management SAS	7,013,161	€67.9m	0.07%	0.01%
0.3%	Anima SGR S.p.A.	5,885,320	€57.0m	0%	0.37%
0.25%	Allianz Asset Management GmbH	4,937,701	€47.8m	6.37%	0.05%
0.22%	Charles Schwab Investment Management, Inc.	4,284,188	€41.5m	25.6%	0.01%
0.19%	Goldman Sachs Asset Management, L.P.	3,670,545	€35.5m	-11.9%	0.01%
0.18%	State Street Global Advisors, Inc.	3,570,317	€34.6m	7.55%	no data
0.18%	BNP Paribas Asset Management Europe	3,461,415	€33.5m	0%	0.1%
0.16%	American Century Investment Management Inc	3,183,683	€30.8m	21.2%	0.01%
0.15%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	3,027,828	€29.3m	35.2%	0.01%
0.14%	La Banque Postale Asset Management	2,769,985	€26.8m	0%	0.17%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/06 14:57
End of Day Share Price	2025/09/29 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

BPER Banca SpA is covered by 26 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Luigi Tramontana	Banca Akros S.p.A. (ESN)
Juan Lopez Cobo	Banco Santander
Jesús Gómez Dominguez	Banco Santander