Jefferies sets EUR 15.30 target for BPM Bank stock

Published on 10/22/2026 at 09:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 net income reached EUR 580.60 million. BPM Bank stock costs EUR 13.27 on October 22, 2026, 1.14 percent above Xetra close.

Targets and results shape the setup

Jefferies set a EUR 15.30 target for Banco BPM on October 20, 2026.
Second-quarter 2026 net income reached EUR 580.60 million.
BPM Bank stock trades at EUR 13.27 at 9:10 a.m. CEST at Lang & Schwarz on October 22, 2026, 1.14 percent above the Xetra close of October 21, 2026.

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BPM Bank (ISIN IT0005218380) was trading at EUR 13.27 at Lang & Schwarz on October 22, 2026, at 9:10 a.m. CEST, 1.14 percent above the Xetra close of October 21, 2026, at EUR 13.12. Markets Insider reported on October 20, 2026, that Jefferies kept its Hold rating and set a EUR 15.30 price target.

Target reflects cautious estimates

The target leaves EUR 2.03 between the analyst level and the Lang & Schwarz price. Jefferies expects third-quarter net profit of EUR 440.00 million, which would be 24.27 percent below the EUR 580.60 million reported for the second quarter of 2026, according to Il Sole 24 Ore on October 19, 2026.

The same analysis put third-quarter CET1 at 14.20 percent, down from 14.40 percent in the second quarter. It also described a projected 8.00 percent decline in commission income and a 1.00 percent quarter-on-quarter increase in net interest income.

Three events set the recent path

Banco BPM Group recorded three material developments: on September 29, 2026, S&P raised the issuer rating to BBB+; on October 14, 2026, the bank launched a EUR 400.00 million Additional Tier 1 bond; and on October 20, 2026, Jefferies set the EUR 15.30 target.

What date comes next?

The next scheduled company date is November 5, 2026, when Banco BPM plans to approve additional information for the period ended September 30, 2026, according to its investor-relations calendar.

Range leaves room for volatility

The stock's 52-week range is EUR 10.94 to EUR 17.45, with the current euro quote 23.90 percent below the high. Banco BPM has a market capitalization of EUR 19.7 billion as of October 21, 2026, and its primary listing is on Borsa Italiana under ticker BAMI.

BPM Bank was trading at EUR 13.27 at Lang & Schwarz on October 22, 2026, at 9:10 a.m. CEST, 1.14 percent above the Xetra close of October 21, 2026, at EUR 13.12. The further course of trading is shown by the continuously updated real-time quote of BPM Bank stock.