Financials Banco BPM S.p.A.

Equities

BAMI

IT0005218380

Banks

Market Closed - Borsa Italiana Other stock markets 16:45:00 13/02/2026 GMT			5-day change	1st Jan Change
11.75 ^EUR	-4.43%		-8.49%	-9.75%

02-13	Banks Weigh on Mib; Interpump Plummets After Earnings	AN
02-13	Milan Stock Exchange Drops Sharply, Banks Weigh Down, Prysmian Plummets	RE

Projected Income Statement: Banco BPM S.p.A.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	4,152	4,511	4,706	5,341	5,704	5,955	6,162	6,328
Change	-	8.65%	4.33%	13.5%	6.78%	4.41%	3.47%	2.7%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	1,722	1,995	2,166	2,770	3,048	3,216	3,381	3,522
Change	-	15.87%	8.57%	27.9%	10.02%	5.53%	5.13%	4.15%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	306.1	921	1,311	2,041	2,503	2,813	2,962	3,058
Change	-	200.88%	42.34%	55.68%	22.66%	12.38%	5.27%	3.24%
Net income ¹	20.9	569.1	703	1,264	1,920	2,082	1,908	2,014
Change	-	2,622.81%	23.54%	79.87%	51.88%	8.41%	-8.36%	5.56%
Announcement Date	09/02/21	08/02/22	07/02/23	08/02/24	12/02/25	05/02/26	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	1,143	1,053	1,128	1,196	1,101	1,087	1,186	1,120	1,165	1,257	1,250	1,327	1,367	1,397	1,434	1,361	1,475	1,434	1,476	1,548	1,457	1,431	1,508	1,537	1,551	1,575
Change	-	-7.94%	7.14%	6.04%	-7.96%	-1.29%	9.14%	-5.58%	4.06%	7.88%	-0.53%	6.13%	3.04%	2.16%	2.64%	-5.11%	8.4%	-2.76%	2.9%	4.91%	-5.87%	-1.81%	5.4%	1.89%	0.94%	1.53%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	561.8	452.8	485.7	564.2	485.1	461.9	561.2	487.7	533.9	606	610.3	692.2	732.1	735.7	765.1	690.6	818.8	773.3	830.6	846.1	765.9	728.6	-	-	-	-
Change	-	-19.41%	7.27%	16.17%	-14.02%	-4.79%	21.51%	-13.1%	9.48%	13.5%	0.71%	13.42%	5.76%	0.5%	4%	-9.74%	18.56%	-5.56%	7.41%	1.87%	-9.48%	-4.87%	-	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	239.5	-143.1	259.1	266.7	261.8	133.4	399.1	288.5	313.5	333	474.2	541.4	577.6	447.8	661.7	580	684	577.7	760	755.1	685	543.2	-	-	-	-
Change	-	-159.77%	281.01%	2.92%	-1.83%	-49.05%	199.17%	-27.71%	8.67%	6.22%	42.4%	14.17%	6.69%	-22.47%	47.77%	-12.35%	17.93%	-15.54%	31.56%	-0.64%	-9.28%	-20.69%	-	-	-	-
Net income ¹	157.3	-241.7	100.1	261.2	110.7	97.07	177.8	206.1	126.5	210	265.3	359.1	319	321.1	370.2	379.9	945.7	224.6	510.7	703.8	450	377.4	520.8	557.4	508	-
Change	-	-253.62%	141.42%	160.96%	-57.62%	-12.31%	83.17%	15.93%	-38.63%	66.01%	26.33%	35.36%	-11.17%	0.65%	15.31%	2.62%	148.93%	-76.25%	127.42%	37.81%	-36.06%	-16.12%	37.97%	7.04%	-8.87%	-
Announcement Date	05/11/20	09/02/21	06/05/21	05/08/21	05/11/21	08/02/22	05/05/22	04/08/22	08/11/22	07/02/23	08/05/23	02/08/23	07/11/23	08/02/24	07/05/24	06/08/24	06/11/24	12/02/25	07/05/25	05/08/25	06/11/25	-	-	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2021 S1	2022 S1	2023 S1	2024 S1	2025 S1
Net sales ¹	2,324	2,306	2,577	2,794	3,024
Change	-	-0.77%	11.78%	8.43%	8.22%
EBITDA	-	-	-	-	-
Change	-	-	-	-	-
EBIT ¹	1,048	1,049	1,302	1,456	1,677
Change	-	0.09%	24.18%	11.77%	15.17%
Charge d'intérêts	-	-	-	-	-
Earnings before Tax (EBT)	525.8	-	1,016	1,242	-
Change	-	-	-	22.29%	-
Net income	361.3	383.9	624.4	750.1	-
Change	-	6.26%	62.63%	20.13%	-
Announcement Date	05/08/21	04/08/22	02/08/23	06/08/24	05/08/25

¹EUR in Million

Estimates

Forecast Balance Sheet: Banco BPM S.p.A.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	09/02/21	08/02/22	07/02/23	08/02/24	12/02/25	05/02/26	-	-

Estimates

Cash Flow Forecast: Banco BPM S.p.A.

Fiscal Period: December	2019	2020	2021	2022	2023	2024
CAPEX ¹	70.26	66.36	92.32	122.3	73.54	113.6
Change	-	-5.56%	39.13%	32.46%	-39.87%	54.47%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	15/03/20	25/03/21	16/03/22	21/03/23	27/02/24	01/04/25

¹EUR in Million

Estimates

Forecast Financial Ratios: Banco BPM S.p.A.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	41.47%	44.23%	46.03%	51.86%	53.44%	54.01%	54.88%	55.65%
EBT Margin (%)	-	7.37%	20.42%	27.86%	38.21%	43.89%	47.24%	48.06%	48.32%
Net margin (%)	-	0.5%	12.62%	14.94%	23.67%	33.67%	34.96%	30.97%	31.83%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	0.01%	0.3%	-	0.65%	0.96%	1.03%	0.9%	0.91%
ROE	-	0.17%	4.5%	-	9.35%	13.41%	13.83%	13.06%	13.21%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	0.06	0.19	-	0.56	1	1	0.9969	1.055
Change	-	-	216.67%	-	-	78.57%	0%	-1.63%	5.8%
Book Value Per Share ¹	-	8.101	8.667	-	9.308	9.638	10.31	9.769	10.12
Change	-	-	6.99%	-	-	3.55%	7%	2.4%	3.58%
EPS ¹	-	0.014	0.38	0.46	0.836	1.273	1.319	1.231	1.302
Change	-	-	2,614.29%	21.05%	81.74%	52.27%	3.58%	-6.67%	5.83%
Nbr of stocks (in thousands)	-	1,508,979	1,511,542	1,508,974	1,508,203	1,501,375	1,503,374	1,503,374	1,503,374
Announcement Date	-	09/02/21	08/02/22	07/02/23	08/02/24	12/02/25	05/02/26	-	-