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Banco BPM S.p.A. BAMI.MI

IT · Borsa Italiana · XMIL · stock · Financial Services · website

Banco BPM S.p.A. statistics & valuation

Market cap€25.5B
P / E12.2×
P / S3.8×
P / B1.6×
Net margin31.4%
FCF margin-61.1%
Net debt€21.3B
Enterprise value USD$54.0B
Graham number +5.7%€17.88

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (€17.88); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
14.60% 22.40% 28.10% 31.40% 2022202320242025
Gross margin (%)
2022202320242025
Operating margin (%)
2022202320242025
Return on equity (%)
5.30% 9.00% 13.10% 13.40% 2022202320242025
Shares outstanding
1.51B 1.51B 1.51B 1.51B 2022202320242025
Net debt (€)
€1.74B €4.08B €15.58B €21.29B 2022202320242025
Share buybacks (€)
€16.0M 2022202320242025
Return on assets (%)
0.40% 0.60% 1.00% 1.00% 2022202320242025
Free cash flow margin (%)
-340.80% 100.90% -76.60% -61.10% 2022202320242025
Debt / equity (×)
1.29× 1.71× 2.01× 1.85× 2022202320242025
EPS (€)
€0.45 €0.84 €1.28 €1.38 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Banco BPM S.p.A. trades at about 12.3× earnings — above its 10-year norm (10-year range 6×–9.2×, median 9.1×).

12.3×

Shaded band = 10-year range (6×–9.2×); dot = today's 12.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Net margin31.4%28.1%22.4%14.6%
FCF margin-61.1%-76.6%100.9%-340.8%
Return on assets1.0%1.0%0.6%0.4%
Return on equity13.4%13.1%9.0%5.3%

Computed from company filings · IT · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.