BPER Banca Past Earnings Performance
Past criteria checks 5/6
BPER Banca has been growing earnings at an average annual rate of 19.9%, while the Banks industry saw earnings growing at 19.9% annually. Revenues have been growing at an average rate of 20.3% per year. BPER Banca's return on equity is 10.9%, and it has net margins of 30.2%.
Key information
19.86%
Earnings growth rate
14.83%
EPS growth rate
| Banks Industry Growth | 21.39% |
| Revenue growth rate | 20.35% |
| Return on equity | 10.92% |
| Net Margin | 30.23% |
| Next Earnings Update | 05 Aug 2026 |
Recent past performance updates
Recent updates
Narrative Update • Jun 02
BPE: Excess Capital Distributions Will Support A Constructive Outlook Despite Recent Downgrades
The updated analyst price target for BPER Banca edges up to about €13.96 from about €13.93. Analysts point to slightly higher modeled revenue growth, profit margins and a marginally lower discount rate as key drivers of the change.Narrative Update • May 19
BPE: Excess Capital Distributions Will Support A Constructive Forward Outlook
Analysts have nudged the fair value estimate for BPER Banca up to about €13.93 from roughly €13.74. This reflects recent price target cuts, multiple downgrades to Hold or Neutral, and the view that the stock already factors in expectations for using excess capital for higher distributions.
Narrative Update • May 03
BPE: Merger Vote And Recalibrated Earnings Outlook Are Expected To Unlock Upside
Analysts have trimmed BPER Banca's fair value estimate by €0.10 to €14.50, reflecting updated views on discount rates, revenue growth, profit margins and future P/E after a mix of recent target moves and a fresh neutral initiation on the stock. Analyst Commentary Recent research points to a mixed but generally constructive stance on BPER Banca, with some firms trimming fair value assumptions while others highlight room for upside based on execution and earnings power.
Narrative Update • Apr 18
BPE: Mixed Research Views And Merger Plans Will Shape Future Risk Reward
Narrative Update BPER Banca's updated analyst price target moves slightly higher to about €12.51 from roughly €12.08, as analysts factor in revised assumptions for revenue growth, profit margins, discount rate, and a modestly lower future P/E multiple following mixed recent research including price target adjustments and a new neutral initiation. Analyst Commentary Recent research on BPER Banca presents a mixed picture, with some analysts turning more cautious even as others see room for upside.Narrative Update • Apr 04
BPE: Upcoming Merger And Earnings Milestones Will Support Constructive Outlook
Analysts have raised their average price target on BPER Banca to about €13.74 from roughly €13.09, reflecting updated assumptions on fair value, discount rate, revenue growth, profit margins and future P/E following recent research from firms including Deutsche Bank, Goldman Sachs and Morgan Stanley. Analyst Commentary Recent research on BPER Banca highlights both supportive and cautious views around the bank's valuation, execution and growth profile, reflected in the updated price targets and fresh coverage.Narrative Update • Mar 21
BPE: Rising Confidence In Merger Outlook Is Expected To Unlock Further Upside
Analyst price targets for BPER Banca have increased, with recent research indicating a new level of around €13.40, up from €12.10 previously. This revision is supported by updated assumptions on discount rates, revenue growth, profit margins and future P/E estimates.Narrative Update • Mar 07
BPE: Higher Street Views And Refined Assumptions Will Support Upside Potential
BPER Banca's analyst price target has moved higher, with the fair value estimate shifting from €11.79 to €12.08 as analysts factor in updated Street targets from €12.10 to €13.40 and refreshed assumptions on discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Recent research updates on BPER Banca have centered on revisions to fair value estimates and price targets, reflecting refreshed assumptions on discount rate, revenue, margins and future P/E multiples.Narrative Update • Feb 20
BPE: Higher Fair Estimate Will Reflect Rising Confidence In Preferred Bank
Analysts have raised their price targets on BPER Banca, with our fair value estimate moving from €13.52 to €14.60 as they factor in updated assumptions on discount rates, revenue, margins and future P/E multiples. Analyst Commentary Recent Street research points to a more constructive tone around BPER Banca, with several bullish analysts adjusting their fair value assumptions.Narrative Update • Feb 06
BPE: Market Perform Shift And Revised Assumptions Will Shape Balanced Risk Outlook
Analysts have inched up their fair value estimate for BPER Banca to €11.79 from €11.20, with a slightly higher Street price target of €11.60 helping to frame this recalibration, despite a recent downgrade to Market Perform. Analyst Commentary Bearish analysts are signalling a more cautious stance on BPER Banca, even as fair value estimates and the latest price target sit slightly above current levels.Narrative Update • Jan 23
BPE: Index Shift And Buyback Plans Will Shape Balanced Future Prospects
Analysts have nudged their target for BPER Banca higher, with our fair value estimate moving from €12.00 to about €13.09. This reflects updated views on discount rate, revenue growth, profit margin and future P/E assumptions drawn from recent research, including both a higher price target alongside a downgrade to Market Perform, and an upgrade to Buy with a higher target price.Narrative Update • Jan 09
BPE: Higher Fair Estimate Signals Confidence In Preferred Italian Bank
Analysts have raised their fair value estimate for BPER Banca from €12.10 to about €13.52. This change reflects a series of recent price target increases and broadly supportive views on the stock among covering firms.Narrative Update • Dec 20
BPE: Higher Fair Value And Index Moves Will Shape Balanced Risk Outlook
The analyst fair value estimate for BPER Banca has risen from approximately EUR 7.55 to EUR 11.20, as analysts incorporate stronger expectations for revenue growth, slightly higher profitability, and a sector-leading position reflected in a series of recent price target hikes across the Street. Analyst Commentary Recent Street research on BPER Banca presents a more nuanced picture, with some Bearish analysts tempering enthusiasm despite the higher consensus fair value.Narrative Update • Dec 06
BPE: Index Inclusion And Buyback Plans Will Drive Future Momentum
Analysts have nudged their price target for BPER Banca slightly higher to EUR 12.00, reflecting improved expectations for revenue growth and margins, while noting the bank's growing status as a preferred Italian name despite some valuation driven rating adjustments. Analyst Commentary Recent research updates on BPER Banca highlight a mixed but generally constructive stance, with several firms acknowledging the bank as a preferred Italian banking exposure even as some recommendations moderate on valuation grounds.Narrative Update • Nov 22
BPE: Strong Sector Position And Index Inclusion Will Drive Further Momentum
Analysts have raised the fair value estimate for BPER Banca from €11.40 to €12.00. This reflects enhanced profit margins and sector-wide upgrades, despite mixed rating changes.Narrative Update • Nov 01
BPE: Share Momentum And Fair Value Will Drive Cautious Optimism Ahead
The analyst price target for BPER Banca has seen a notable shift, as recent updates from analysts reflect increased optimism and revised targets ranging from €10.30 to €12.50. This has been supported by stronger valuations and sustained growth prospects for the bank.Narrative Update • Oct 18
Digital Transformation And ESG Lending Will Shape Future Expansion
Analysts have increased their price target for BPER Banca from €10.73 to €11.40, reflecting optimism about the bank's revenue growth outlook and its preferred status among Italian banks, despite recent valuation concerns. Analyst Commentary Recent analyst actions highlight a nuanced outlook for BPER Banca, with growing optimism around the bank's growth trajectory and value, tempered by some caution over recent share price appreciation.Narrative Update • Oct 03
Digital Transformation And ESG Lending Will Shape Future Expansion
Analysts have raised their price target for BPER Banca from €10.57 to €10.73. They cite improved revenue growth and profit margin expectations, which support a more optimistic outlook.Narrative Update • Sep 13
Digital Transformation And ESG Lending Will Shape Future Expansion
The consensus Analyst Price Target for BPER Banca has increased, primarily reflecting a notable decline in its future P/E multiple, which enhances perceived value and supports the revised fair value of €10.57. What's in the News BPER Banca raised its 2025 total revenue guidance from EUR 5.4 billion to EUR 5.5 billion.Narrative Update • Aug 29
Digital Transformation And ESG Lending Will Shape Future Expansion
The upward revision in BPER Banca’s price target reflects a significant decrease in its future P/E ratio alongside a modest improvement in net profit margin, raising fair value from €9.75 to €10.16. What's in the News BPER Banca upgraded its 2025 total revenue guidance from EUR 5.4 billion to EUR 5.5 billion.Narrative Update • Aug 08
Digital Transformation And ESG Lending Will Shape Future Expansion
A strong upward revision in BPER Banca’s revenue growth forecast has outweighed a modest decline in net profit margin, prompting analysts to raise their fair value estimate from €9.06 to €9.60. Valuation Changes Summary of Valuation Changes for BPER Banca The Consensus Analyst Price Target has risen from €9.06 to €9.60.
New Narrative • Nov 25
Tactical Initiatives Drive Growth But Analysts Warn Of Profit Margin Squeeze And Higher Costs
BPER Banca's strategic initiatives focus on enhancing efficiency, modernizing operations, and leveraging economies of scale to boost revenue and improve margins.Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How BPER Banca makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 6,266 | 1,894 | 2,826 | 0 |
| 31 Dec 25 | 5,938 | 1,818 | 2,694 | 0 |
| 30 Sep 25 | 5,711 | 1,744 | 2,714 | 0 |
| 30 Jun 25 | 5,273 | 1,582 | 2,559 | 0 |
| 31 Mar 25 | 5,251 | 1,388 | 2,777 | 0 |
| 31 Dec 24 | 5,157 | 1,403 | 2,861 | 0 |
| 30 Sep 24 | 5,138 | 1,569 | 2,835 | 0 |
| 30 Jun 24 | 5,155 | 1,539 | 2,954 | 0 |
| 31 Mar 24 | 5,042 | 1,686 | 2,734 | 0 |
| 31 Dec 23 | 4,920 | 1,519 | 2,680 | 0 |
| 30 Sep 23 | 4,760 | 1,070 | 2,897 | 0 |
| 30 Jun 23 | 4,380 | 769 | 3,024 | 0 |
| 31 Mar 23 | 4,000 | 1,627 | 2,975 | 0 |
| 31 Dec 22 | 3,628 | 1,449 | 2,845 | 0 |
| 30 Sep 22 | 3,227 | 1,405 | 2,728 | 0 |
| 30 Jun 22 | 3,088 | 1,408 | 2,446 | 0 |
| 31 Mar 22 | 2,970 | 238 | 2,423 | 0 |
| 31 Dec 21 | 2,526 | 525 | 2,374 | 0 |
| 30 Sep 21 | 2,268 | 624 | 2,004 | 0 |
| 30 Jun 21 | 2,047 | 636 | 1,825 | 0 |
| 31 Mar 21 | 1,811 | 631 | 1,672 | 0 |
| 31 Dec 20 | 1,923 | 237 | 1,566 | 0 |
| 30 Sep 20 | 1,898 | 56 | 1,710 | 0 |
| 30 Jun 20 | 1,848 | 382 | 1,732 | 0 |
| 31 Mar 20 | 1,801 | 338 | 1,681 | 0 |
| 31 Dec 19 | 1,774 | 380 | 1,606 | 0 |
| 30 Sep 19 | 1,631 | 567 | 1,392 | 0 |
| 30 Jun 19 | 1,571 | 195 | 1,317 | 0 |
| 31 Mar 19 | 1,604 | 199 | 1,333 | 0 |
| 31 Dec 18 | 1,810 | 402 | 1,325 | 0 |
| 30 Sep 18 | 1,852 | 386 | 1,307 | 0 |
| 30 Jun 18 | 1,805 | 365 | 1,303 | 0 |
| 31 Mar 18 | 1,621 | 413 | 1,216 | 0 |
| 31 Dec 17 | 1,340 | 176 | 1,234 | 0 |
| 30 Sep 17 | 1,209 | 62 | 1,217 | 0 |
| 30 Jun 17 | 1,199 | 69 | 1,196 | 0 |
| 31 Mar 17 | 1,309 | -2 | 1,258 | 0 |
| 31 Dec 16 | 1,342 | 14 | 1,223 | 0 |
| 30 Sep 16 | 1,566 | 239 | 1,116 | 0 |
| 30 Jun 16 | 1,575 | 212 | 1,094 | 0 |
| 31 Mar 16 | 1,574 | 206 | 1,122 | 0 |
| 31 Dec 15 | 1,587 | 221 | 1,056 | 0 |
| 30 Sep 15 | 1,377 | 37 | 1,165 | 0 |
| 30 Jun 15 | 1,356 | 52 | 1,168 | 0 |
Quality Earnings: BPE has high quality earnings.
Growing Profit Margin: BPE's current net profit margins (30.2%) are higher than last year (26.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BPE's earnings have grown by 19.9% per year over the past 5 years.
Accelerating Growth: BPE's earnings growth over the past year (36.4%) exceeds its 5-year average (19.9% per year).
Earnings vs Industry: BPE earnings growth over the past year (36.4%) exceeded the Banks industry 5.4%.
Return on Equity
High ROE: BPE's Return on Equity (10.9%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/09 09:44 |
| End of Day Share Price | 2026/06/09 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 22 analysts. 9 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 |
|---|---|
| Irene Rossetto | Banca Akros S.p.A. (ESN) |
| Juan Lopez Cobo | Banco Santander |
| Paola Sabbione | Barclays |