BIT:BAMI

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Banco BPM Società per Azioni

Executive Summary

Banco BPM Società per Azioni, through its subsidiaries, provides banking and financial products and services to individual, business, and corporate customers in Italy. More Details


Snowflake Analysis

Good value with proven track record.


Similar Companies

Share Price & News

How has Banco BPM Società per Azioni's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BAMI is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: BAMI's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

1.2%

BAMI

5.5%

IT Banks

2.8%

IT Market


1 Year Return

-9.2%

BAMI

-21.0%

IT Banks

-9.9%

IT Market

Return vs Industry: BAMI exceeded the Italian Banks industry which returned -23.6% over the past year.

Return vs Market: BAMI exceeded the Italian Market which returned -10.9% over the past year.


Shareholder returns

BAMIIndustryMarket
7 Day1.2%5.5%2.8%
30 Day12.5%23.4%13.3%
90 Day32.8%4.4%7.9%
1 Year-9.2%-9.2%-19.4%-21.0%-7.4%-9.9%
3 Year-32.3%-32.3%-26.4%-34.0%1.2%-8.6%
5 Yearn/a-42.6%-63.7%4.7%-28.1%

Long-Term Price Volatility Vs. Market

How volatile is Banco BPM Società per Azioni's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Banco BPM Società per Azioni undervalued compared to its fair value and its price relative to the market?

7.96x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BAMI (€1.89) is trading above our estimate of fair value (€0.11)

Significantly Below Fair Value: BAMI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BAMI is good value based on its PE Ratio (8x) compared to the IT Banks industry average (10x).

PE vs Market: BAMI is good value based on its PE Ratio (8x) compared to the Italian market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: BAMI is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: BAMI is good value based on its PB Ratio (0.2x) compared to the IT Banks industry average (0.4x).


Next Steps

Future Growth

How is Banco BPM Società per Azioni forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

18.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BAMI's forecast earnings growth (18.8% per year) is above the savings rate (2%).

Earnings vs Market: BAMI's earnings (18.8% per year) are forecast to grow slower than the Italian market (24.6% per year).

High Growth Earnings: BAMI's earnings are forecast to grow, but not significantly.

Revenue vs Market: BAMI's revenue (0.5% per year) is forecast to grow slower than the Italian market (3.4% per year).

High Growth Revenue: BAMI's revenue (0.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BAMI's Return on Equity is forecast to be low in 3 years time (3.3%).


Next Steps

Past Performance

How has Banco BPM Società per Azioni performed over the past 5 years?

14.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BAMI has a large one-off loss of €131.8M impacting its September 30 2020 financial results.

Growing Profit Margin: BAMI's current net profit margins (11.6%) are higher than last year (4.3%).


Past Earnings Growth Analysis

Earnings Trend: BAMI has become profitable over the past 5 years, growing earnings by 14.9% per year.

Accelerating Growth: BAMI's earnings growth over the past year (225.6%) exceeds its 5-year average (14.9% per year).

Earnings vs Industry: BAMI earnings growth over the past year (225.6%) exceeded the Banks industry -5.3%.


Return on Equity

High ROE: BAMI's Return on Equity (2.8%) is considered low.


Next Steps

Financial Health

How is Banco BPM Società per Azioni's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: BAMI's Assets to Equity ratio (15x) is moderate.

Allowance for Bad Loans: Insufficient data to determine if BAMI has a sufficient allowance for bad loans.

Low Risk Liabilities: 57% of BAMI's liabilities are made up of primarily low risk sources of funding.

Loan Level: BAMI has an appropriate level of Loans to Assets ratio (58%).

Low Risk Deposits: BAMI's Loans to Deposits ratio (109%) is appropriate.

Level of Bad Loans: BAMI has a high level of bad loans (4.7%).


Next Steps

Dividend

What is Banco BPM Società per Azioni current dividend yield, its reliability and sustainability?

1.71%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BAMI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BAMI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BAMI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BAMI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BAMI's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Giuseppe Castagna (61 yo)

3.83yrs

Tenure

Mr. Giuseppe Castagna serves as a Director of ALETTI & C. Banca di Investimento Mobiliare SpA since 2018. Mr. Castagna was Managing Director and General Manager of Banca Popolare di Milano S.c.ar.l from Ja...


Leadership Team

NamePositionTenureCompensationOwnership
Domenico De Angelis
Co-General Managerno data€879.18kno data
Giuseppe Castagna
CEO & Director3.83yrsno datano data
Edoardo Ginevra
Chief Financial Officer1.83yrsno datano data
Giovanni Sordello
Head of Operationsno datano datano data
Alberto Gasparri
Head of Investments2.83yrsno datano data
Gianpietro Val
Head of Administration & Budgetno datano datano data
Roberto Peronaglio
Head of Investor Relationsno datano datano data
Antonia Cosenz
Head of Legal & Regulatory Affairsno datano datano data
Matteo Cidda
Head of Communicationno datano datano data
Roberto Speziotto
Head of Human Resourcesno datano datano data
Francesco Minotti
Head of Institutionalno datano datano data
Tom Lucassen
Head of Shareholder Strategyno datano datano data

2.8yrs

Average Tenure

58yo

Average Age

Experienced Management: BAMI's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Giuseppe Castagna
CEO & Director3.83yrsno datano data
Maurizio Comoli
Directorno data€266.10kno data
Mauro Paoloni
Deputy Vice-Chairmanno datano datano data
Marcello Priori
Chairman of Board of Statutory Auditorsno datano datano data
Massimo Tononi
Chairman of the Board0.58yrno datano data
Mario Anolli
Director3.83yrsno datano data
Carlo Frascarolo
Director3.83yrsno datano data
Giulio Pedrollo
Director3.83yrs€97.80kno data
Costanza Torricelli
Director3.83yrsno datano data
Manuela Soffientini
Director3.83yrsno datano data
Rossetti Eugenio
Director0.58yrno datano data
Tauro Luigia
Director0.58yrno datano data

3.8yrs

Average Tenure

58.5yo

Average Age

Experienced Board: BAMI's board of directors are considered experienced (3.8 years average tenure).


Ownership

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


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

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Banco BPM Società per Azioni's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Banco BPM Società per Azioni
  • Ticker: BAMI
  • Exchange: BIT
  • Founded:
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: €2.851b
  • Shares outstanding: 1.51b
  • Website: https://www.bancobpm.it

Number of Employees


Location

  • Banco BPM Società per Azioni
  • Piazza Nogara, 2
  • Verona
  • Verona
  • 37121
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
0RLALSE (London Stock Exchange)YesCommon SharesGBEURJan 2017
BAMIBIT (Borsa Italiana)YesCommon SharesITEURJan 2017
BPMDB (Deutsche Boerse AG)YesCommon SharesDEEURJan 2017
BAMIMBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURJan 2017
BNCZ.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 2017
BAMIWBAG (Wiener Boerse AG)YesCommon SharesATEURJan 2017

Biography

Banco BPM Società per Azioni, through its subsidiaries, provides banking and financial products and services to individual, business, and corporate customers in Italy. The company operates through Retail, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 21:52
End of Day Share Price2020/11/24 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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 here.