BIT:BMPS

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Banca Monte dei Paschi di Siena

Executive Summary

Banca Monte dei Paschi di Siena S.p.A. provides retail and commercial banking services in Italy. More Details


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

-5.6%

BMPS

-3.1%

IT Banks

-0.7%

IT Market


1 Year Return

-17.0%

BMPS

-19.2%

IT Banks

-12.5%

IT Market

Return vs Industry: BMPS exceeded the Italian Banks industry which returned -19.2% over the past year.

Return vs Market: BMPS underperformed the Italian Market which returned -12.5% over the past year.


Shareholder returns

BMPSIndustryMarket
7 Day-5.6%-3.1%-0.7%
30 Day-7.6%-5.8%-1.3%
90 Day-9.6%0.9%-0.1%
1 Year-17.0%-17.0%-18.8%-19.2%-10.3%-12.5%
3 Yearn/a-36.6%-41.3%-9.4%-17.7%
5 Year-99.2%-99.2%-47.7%-66.4%-0.1%-31.4%

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

Valuation

Is Banca Monte dei Paschi di Siena undervalued compared to its fair value and its price relative to the market?

0.21x

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 (0.4x).


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?

86.7%

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 (4.2% per year) is forecast to grow faster than the Italian market (3.6% per year).

High Growth Revenue: BMPS's revenue (4.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BMPS's Return on Equity is forecast to be low in 3 years time (0.3%).


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

  • Explore strong dividend paying companies in the Banks industry.

Management

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

2.7yrs

Average management tenure


CEO

Guido Bastianini

0.33

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

NamePositionTenureCompensationOwnership
Guido Bastianini
CEO, GM & Director0.33yrno datano data
Giuseppe Sica
Chief Financial Officerno datano datano data
Vittorio Calvanico
Chief Operating Officer2.33yrsno datano data
Massimo Molinari
Head of Research and Investor Relationsno datano datano data
Renzo Filippo Quagliana
Group General Counsel3.83yrsno datano data
Ettore Carneade
Compliance Officer2.67yrsno datano data
Marco Palocci
Head of Institutional Relationsno datano datano data
Fabiano Fossali
Head of Markets & Products Division0.83yrno datano data
Roberto Coita
Chief Human Capital Officer1.25yrsno datano data
Alessandro Signorini
Head of the North West Italy Area7.83yrsno datano data
Elfo Bartalucci
Head of the Southern Lombardy and Emilia Romagna Area7.83yrsno datano data
Gianfranco Cenni
Head of The Northern Tuscany Area7.83yrsno datano data

2.7yrs

Average Tenure

Experienced Management: BMPS's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Guido Bastianini
CEO, GM & Director0.33yrno datano data
Paola Demartini
Independent Director0.33yr€75.89kno data
Nicola Maione
Independent Director2.75yrsno datano data
Marco Giorgino
Lead Independent Director0.75yrno datano data
Maria Grieco
Independent Chairman of the Board0.33yrno datano data
Enrico Ciai
Chairperson of Board of Statutory Auditors0.33yrno datano data
Francesca Bettìo
Independent Deputy Chairperson0.33yrno datano data
Rita D'Ecclesia
Independent Deputy Chairperson0.33yrno datano data
Luca Bader
Independent Director0.33yrno datano data
Alessandra Barzaghi
Independent Director0.33yrno datano data
Marco Bassilichi
Independent Director0.33yrno datano data
Raffaele Di Raimo
Independent Director0.33yrno datano data

0.3yrs

Average Tenure

Experienced Board: BMPS's board of directors are not considered experienced ( 0.3 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: €1.484b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BMPSBIT (Borsa Italiana)YesCommon StockITEURJun 1999
0RK6LSE (London Stock Exchange)YesCommon StockGBEURJun 1999
MPINDB (Deutsche Boerse AG)YesCommon StockDEEURJun 1999
BMDP.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJun 1999
BMPSMBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURJun 1999
BMDP.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDOct 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/19 03:45
End of Day Share Price2020/09/18 00:00
Earnings2020/06/30
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.