BPM Bank stock: Jefferies cuts target for BPM Bank stock from EUR 16.60 to EUR 15.30
Published on 10/21/2026 at 15:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSJefferies target revision
- Jefferies cut its Banco BPM target from EUR 16.60 to EUR 15.30 on October 19, 2026.
- Third-quarter net income is estimated at EUR 440.00 million, 2.00 percent below consensus.
- BPM Bank stock costs EUR 13.39 at Lang & Schwarz on October 21, 2026 at 3:05 p.m. CEST, below its EUR 17.45 high.
Jefferies cut its Banco BPM target from EUR 16.60 to EUR 15.30 on October 19, 2026, while retaining a Hold rating, according to Teleborsa. The revised target lies 14.19 percent above the EUR 13.39 price. BPM Bank stock was trading at EUR 13.39 at Lang & Schwarz on October 21, 2026 at 3:05 p.m. CEST.
Profit estimate points lower
Jefferies expects third-quarter net income of EUR 440.00 million, which would be 2.00 percent below consensus and below the EUR 581.00 million reported for the second quarter. Il Sole 24 ORE reported that Jefferies also expects net interest income to grow 1.00 percent quarter over quarter while commission income declines 8.00 percent.
Stock sits below its yearly high
The stock's 52-week range is EUR 10.94 to EUR 17.45 as of October 21, 2026. At EUR 13.39, the price is 23.27 percent below the high and 22.39 percent above the low. The market capitalization is EUR 20.1 billion, while the reported volume was 1,302,637 shares at 12:50 p.m. CEST on the same date.
November date sets the next test
Banco BPM's investor-relations calendar schedules approval of the additional periodic information for the nine months ended September 30, 2026, on November 5, 2026, according to the company's Investor Relations page. That date will provide the first reported comparison with the estimate of EUR 440.00 million for the third quarter.
Valuation stays above peers
Jefferies places Banco BPM's estimated 2028 price-to-earnings ratio at 9.60, compared with 8.30 for Intesa Sanpaolo and 9.40 for BPER Banca, as reported by Teleborsa on October 19, 2026. The comparison gives the target revision a clear numerical context without turning the broker's estimate into a reported result.
Price and upcoming results
The current quotation remains below the yearly high, while the November 5 reporting date gives investors a defined next checkpoint. BPM Bank stock was trading at EUR 13.39 at Lang & Schwarz on October 21, 2026 at 3:05 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of BPM Bank stock.
BPM Bank stock at a glance
- Company: Banco BPM S.p.A.
- ISIN: IT0005218380
- Ticker: BAMI
- Primary exchange: Borsa Italiana
- Price Lang & Schwarz (as of October 21, 2026, 3:05 p.m. CEST): EUR 13.39
- Market capitalization: EUR 20.1 billion (as of October 21, 2026)
- 52-week range: EUR 10.94-EUR 17.45 (as of October 21, 2026)
- Sector / Industry: Financial Services / Regional Banks
Market context: Market report FTSE MIB.
