Financials Banco BPM S.p.A.

Equities

BAMI

IT0005218380

Banks

Market Closed - Borsa Italiana 11:44:59 2024-04-26 am EDT 5-day change 1st Jan Change
6.216 EUR +1.87% Intraday chart for Banco BPM S.p.A. -2.72% +30.01%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,065 2,728 3,990 5,031 7,211 9,369 - -
Enterprise Value (EV) 1 3,065 2,728 3,990 5,031 7,211 9,369 9,369 9,369
P/E ratio 3.85 x 129 x 6.95 x 7.25 x - 5.57 x 7.23 x 7.42 x
Yield - 3.32% 7.2% - - 11% 9.13% 9.06%
Capitalization / Revenue 0.71 x 0.66 x 0.88 x 1.07 x 1.35 x 1.73 x 1.77 x 1.77 x
EV / Revenue 0.71 x 0.66 x 0.88 x 1.07 x 1.35 x 1.73 x 1.77 x 1.77 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.26 x 0.22 x 0.3 x - - 0.68 x 0.66 x 0.64 x
Nbr of stocks (in thousands) 1,511,249 1,508,979 1,511,542 1,508,974 1,508,203 1,507,318 - -
Reference price 2 2.028 1.808 2.640 3.334 4.781 6.216 6.216 6.216
Announcement Date 2/6/20 2/9/21 2/8/22 2/7/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,293 4,152 4,511 4,706 5,341 5,402 5,300 5,282
EBITDA - - - - - - - -
EBIT 1 1,689 1,722 1,995 2,166 2,770 2,744 2,566 2,511
Operating Margin 39.34% 41.47% 44.23% 46.03% 51.86% 50.8% 48.41% 47.55%
Earnings before Tax (EBT) 1 1,020 306.1 921 1,311 2,041 2,251 1,924 1,851
Net income 1 797 20.9 569.1 703 1,264 1,691 1,308 1,252
Net margin 18.57% 0.5% 12.62% 14.94% 23.67% 31.31% 24.69% 23.7%
EPS 2 0.5270 0.0140 0.3800 0.4600 - 1.116 0.8600 0.8382
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - 0.0600 0.1900 - - 0.6839 0.5673 0.5631
Announcement Date 2/6/20 2/9/21 2/8/22 2/7/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 1,996 2,324 1,101 1,087 1,186 1,120 2,306 1,165 1,257 1,250 1,327 2,577 1,367 1,397 1,398 1,376 1,346 1,319
EBITDA - - - - - - - - - - - - - - - - - -
EBIT 1 747.8 1,048 485.1 461.9 561.2 487.7 1,049 533.9 606 610.3 692.2 1,302 732.1 735.7 733.9 - - -
Operating Margin 37.46% 45.1% 44.07% 42.51% 47.33% 43.55% 45.49% 45.82% 48.21% 48.81% 52.17% 50.54% 53.54% 52.67% 52.49% - - -
Earnings before Tax (EBT) 1 - 525.8 261.8 133.4 399.1 288.5 - 313.5 333 474.2 541.4 1,016 577.6 447.8 591 - - -
Net income 1 105.2 361.3 110.7 97.07 177.8 206.1 383.9 126.5 210 265.3 359.1 624.4 319 321.1 326.1 - - -
Net margin 5.27% 15.55% 10.06% 8.93% 14.99% 18.41% 16.65% 10.86% 16.71% 21.22% 27.06% 24.23% 23.33% 22.98% 23.32% - - -
EPS 2 - - - - - - - - - - - - - - 0.2246 0.2558 0.4698 0.1972
Dividend per Share - - - - - - - - - - - - - - - - - -
Announcement Date 8/6/20 8/5/21 11/5/21 2/8/22 5/5/22 8/4/22 8/4/22 11/8/22 2/7/23 5/8/23 8/2/23 8/2/23 11/7/23 2/8/24 - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 7.2% 0.17% 4.5% - - 10.7% 9.18% 8.93%
ROA (Net income/ Total Assets) 0.48% 0.01% 0.3% - - 0.67% 0.6% 0.62%
Assets 1 166,042 209,000 192,077 - - 252,594 219,907 203,254
Book Value Per Share 2 7.850 8.100 8.670 - - 9.100 9.350 9.680
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/6/20 2/9/21 2/8/22 2/7/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
6.216 EUR
Average target price
6.554 EUR
Spread / Average Target
+5.44%
Consensus
  1. Stock Market
  2. Equities
  3. BAMI Stock
  4. Financials Banco BPM S.p.A.