Executive Summary
Banca Monte dei Paschi di Siena S.p.A. provides retail and commercial banking services in Italy. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with mediocre balance sheet.
Similar Companies
Share Price & News
How has Banca Monte dei Paschi di Siena's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BMPS's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-11.6%
BMPS
-7.2%
IT Banks
-6.5%
IT Market
1 Year Return
-28.8%
BMPS
-35.3%
IT Banks
-22.9%
IT Market
Return vs Industry: BMPS exceeded the Italian Banks industry which returned -35.3% over the past year.
Return vs Market: BMPS underperformed the Italian Market which returned -22.9% over the past year.
Shareholder returns
| BMPS | Industry | Market | |
|---|---|---|---|
| 7 Day | -11.6% | -7.2% | -6.5% |
| 30 Day | -22.5% | -10.7% | -6.8% |
| 90 Day | -32.5% | -13.8% | -7.1% |
| 1 Year | -28.8%-28.8% | -33.8%-35.3% | -20.8%-22.9% |
| 3 Year | -77.4%-77.4% | -44.5%-49.6% | -19.9%-27.4% |
| 5 Year | -99.4%-99.4% | -57.2%-73.1% | -14.3%-34.2% |
Price Volatility Vs. Market
How volatile is Banca Monte dei Paschi di Siena's share price compared to the market and industry in the last 5 years?
Simply Wall St News
10 months ago | Simply Wall St
Is Now The Time To Look At Buying Banca Monte dei Paschi di Siena S.p.A. (BIT:BMPS)?1 year ago | Simply Wall St
Is It Too Late To Buy Banca Monte dei Paschi di Siena S.p.A. (BIT:BMPS) At Its September Price?1 year ago | Simply Wall St
Banca Monte dei Paschi di Siena S.p.A. (BIT:BMPS): Poised For Long Term Success?Valuation
Is Banca Monte dei Paschi di Siena undervalued compared to its fair value and its price relative to the market?
0.16x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BMPS's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BMPS's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BMPS is unprofitable, so we can't compare its PE Ratio to the IT Banks industry average.
PE vs Market: BMPS is unprofitable, so we can't compare its PE Ratio to the Italian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BMPS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BMPS is good value based on its PB Ratio (0.2x) compared to the IT Banks industry average (0.3x).
Next Steps
Future Growth
How is Banca Monte dei Paschi di Siena forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
88.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BMPS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: BMPS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BMPS's is expected to become profitable in the next 3 years.
Revenue vs Market: BMPS's revenue (4.1% per year) is forecast to grow faster than the Italian market (3.8% per year).
High Growth Revenue: BMPS's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BMPS is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has Banca Monte dei Paschi di Siena performed over the past 5 years?
20.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BMPS is currently unprofitable.
Growing Profit Margin: BMPS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BMPS is unprofitable, but has reduced losses over the past 5 years at a rate of 20.8% per year.
Accelerating Growth: Unable to compare BMPS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BMPS is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (13.9%).
Return on Equity
High ROE: BMPS has a negative Return on Equity (-30.81%), as it is currently unprofitable.
Next Steps
Financial Health
How is Banca Monte dei Paschi di Siena'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: BMPS's Assets to Equity ratio (19.8x) is moderate.
Allowance for Bad Loans: BMPS has a low allowance for bad loans (54%).
Low Risk Liabilities: 56% of BMPS's liabilities are made up of primarily low risk sources of funding.
Loan Level: BMPS has an appropriate level of Loans to Assets ratio (76%).
Low Risk Deposits: BMPS's Loans to Deposits ratio (143%) is high.
Level of Bad Loans: BMPS has a high level of bad loans (10.2%).
Next Steps
Dividend
What is Banca Monte dei Paschi di Siena current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BMPS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BMPS'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 BMPS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BMPS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BMPS is not paying a notable dividend for the Italian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BMPS'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
Guido Bastianini
0.42
Tenure
Mr. Guido Bastianini serves as Chief Executive Officer and General Manager at Banca Monte dei Paschi di Siena SpA since May 2020 and has been its Director since May 18, 2020. Mr. Bastianini served as ad-In ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, GM & Director | 0.42yr | no data | no data | |
| Chief Financial Officer | no data | no data | no data | |
| Chief Operating Officer | 2.42yrs | no data | no data | |
| Head of Research and Investor Relations | no data | no data | no data | |
| Group General Counsel | 3.83yrs | no data | no data | |
| Compliance Officer | 2.75yrs | no data | no data | |
| Head of Institutional Relations | no data | no data | no data | |
| Head of Markets & Products Division | 0.83yr | no data | no data | |
| Chief Human Capital Officer | 1.25yrs | no data | no data | |
| Head of the North West Italy Area | 7.83yrs | no data | no data | |
| Head of the Southern Lombardy and Emilia Romagna Area | 7.83yrs | no data | no data | |
| Head of The Northern Tuscany Area | 7.83yrs | no data | no data |
2.8yrs
Average Tenure
Experienced Management: BMPS's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, GM & Director | 0.42yr | no data | no data | |
| Independent Director | 0.42yr | €75.89k | no data | |
| Independent Director | 2.83yrs | no data | no data | |
| Lead Independent Director | 0.83yr | no data | no data | |
| Independent Chairman of the Board | 0.42yr | no data | no data | |
| Chairperson of Board of Statutory Auditors | 0.42yr | no data | no data | |
| Independent Deputy Chairperson | 0.42yr | no data | no data | |
| Independent Deputy Chairperson | 0.42yr | no data | no data | |
| Independent Director | 0.42yr | no data | no data | |
| Independent Director | 0.42yr | no data | no data | |
| Independent Director | 0.42yr | no data | no data | |
| Independent Director | 0.42yr | no data | no data |
0.4yrs
Average Tenure
Experienced Board: BMPS's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.
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
Banca Monte dei Paschi di Siena S.p.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Banca Monte dei Paschi di Siena S.p.A.
- Ticker: BMPS
- Exchange: BIT
- Founded: 1472
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: €1.142b
- Shares outstanding: 1.10b
- Website: https://www.mps.it
Number of Employees
Location
- Banca Monte dei Paschi di Siena S.p.A.
- Piazza Salimbeni, 3
- Siena
- Siena
- 53100
- Italy
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BMPS | BIT (Borsa Italiana) | Yes | Common Stock | IT | EUR | Jun 1999 |
| 0RK6 | LSE (London Stock Exchange) | Yes | Common Stock | GB | EUR | Jun 1999 |
| MPIN | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jun 1999 |
| BMDP.F | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Jun 1999 |
| BMPSM | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Stock | GB | EUR | Jun 1999 |
| BMDP.Y | OTCPK (Pink Sheets LLC) | UNSPONSORED ADR | US | USD | Oct 2008 |
Biography
Banca Monte dei Paschi di Siena S.p.A. provides retail and commercial banking services in Italy. It operates through Retail Banking, Corporate Banking, Wealth Management, and Banca Widiba SpA segments. The ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/31 21:17 |
| End of Day Share Price | 2020/10/30 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.