BFFB.F Stock Overview

Engages in non-recourse factoring and credit management activities towards public administration bodies and private hospitals in Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, Slovakia, and Spain. More details

BFFB.F fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	3/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 43.8% below our estimate of its fair value

Earnings are forecast to grow 3.67% per year

Analysts in good agreement that stock price will rise by 24.9%

Risk Analysis

Shares are highly illiquid

Dividend of 12.31% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

BFF Bank S.p.A. Competitors

HA Sustainable Infrastructure Capital

NYSE:HASI

US$3.3b

Banco Latinoamericano de Comercio Exterior S. A

NYSE:BLX

US$1.3b

Acacia Research

NasdaqGS:ACTG

US$439.1m

California First Leasing

OTCPK:CFNB

US$209.5m

Price History & Performance

Summary of share price highs, lows and changes for BFF Bank
Historical stock prices
Current Share Price	€9.30
52 Week High	€9.35
52 Week Low	€9.30
Beta	0.81
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-0.53%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	BFFB.F	US Diversified Financial	US Market
7D	n/a	2.2%	2.8%
1Y	n/a	25.7%	24.5%

Return vs Industry: Insufficient data to determine how BFFB.F performed against the US Diversified Financial industry.

Return vs Market: Insufficient data to determine how BFFB.F performed against the US Market.

Price Volatility

Is BFFB.F's price volatile compared to industry and market?
BFFB.F volatility
BFFB.F Average Weekly Movement	n/a
Diversified Financial Industry Average Movement	5.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.1%
10% least volatile stocks in US Market	3.1%

Stable Share Price: BFFB.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine BFFB.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1985	849	Max Belingheri	www.bff.com

BFF Bank S.p.A. engages in non-recourse factoring and credit management activities towards public administration bodies and private hospitals in Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, Slovakia, and Spain. It operates through three segments: Factoring & Lending, Securities Services, and Payment Services. The Factoring & Lending segment offers non-recourse factoring, lending, and credit management services to public sector suppliers and public administration bodies.

BFF Bank S.p.A. Fundamentals Summary

How do BFF Bank's earnings and revenue compare to its market cap?
BFFB.F fundamental statistics
Market cap	US$1.72b
Earnings (TTM)	US$256.59m
Revenue (TTM)	US$510.55m

6.7x

P/E Ratio

3.4x

P/S Ratio

Is BFFB.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BFFB.F income statement (TTM)
Revenue	€490.54m
Cost of Revenue	€155.97m
Gross Profit	€334.57m
Other Expenses	€88.03m
Earnings	€246.54m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.31
Gross Margin	68.20%
Net Profit Margin	50.26%
Debt/Equity Ratio	36.6%

How did BFFB.F perform over the long term?

See historical performance and comparison

Dividends

12.3%

Current Dividend Yield

41%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 07:25
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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 here.

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 .

Analyst Sources

BFF Bank S.p.A. is covered by 13 analysts. 7 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)
Michele Baldelli	BNP Paribas Exane
Antonio Reale	BofA Global Research