S&P raised Banco BPM to BBB+: BPM Bank stock falls 2.14 percent

Published on 10/08/2026 at 11:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Short-term rating stayed at A-2 on September 29, 2026. BPM Bank stock costs EUR 14.60 on October 8, 2026 versus EUR 14.92, down 2.14 percent.

Schwarzweiß-Reportagefoto von Arbeitern, die Bremssattel-Bauteile in einer Fabrikhalle prüfen — Brembo S.p.A. (ISIN IT0005218380) beschäftigt Fabrikarbeiter, die Bremssattel-Komponenten in norditalienischen Werken sorgfältig kontrollieren, Illustration mit AI erstellt.

BPM Bank (IT0005218380) was trading at EUR 14.60 at Lang & Schwarz on October 8, 2026 at 11:31 a.m. CEST, down 2.14 percent versus the prior close of EUR 14.92. The latest credit signal came on September 29, 2026, when S&P raised Banco BPM's long-term issuer rating from BBB to BBB+ and kept a positive outlook, according to Banco BPM.

Credit quality moves higher

The rating change lifted the bank's long-term issuer assessment by one notch. S&P also raised the stand-alone credit profile from bbb- to bbb and the resolution counterparty rating from BBB+ to A-1, while the short-term issuer rating stayed at A-2.

The official release linked the upgrade to Banco BPM's restored risk-adjusted capital position, the cash-funded acquisition and integration of Anima, and progress toward strategic targets. S&P said the integration strengthened the group's domestic wealth-management position and diversified its revenue streams.

Stock stays below its yearly high

The EUR 14.60 Lang & Schwarz price stood EUR 2.85 below the 52-week high of EUR 17.45 and EUR 3.66 above the 52-week low of EUR 10.94, both dated October 8, 2026. The stock therefore remained closer to its annual high than to its annual low, despite the daily decline.

Banco BPM's market capitalization was EUR 22.0 billion on October 8, 2026. The finance profile describes the company as a regional bank serving households, small and medium-sized businesses, and larger corporations across Italy.

Next results date is November 5

Banco BPM's investor-relations calendar lists November 5, 2026, for approval of additional periodic information through September 30, according to Banco BPM. That date gives investors the next scheduled checkpoint for capital strength, earnings trends and the contribution from Anima.

Boursorama identifies the shares as BAMI on Euronext Milan and lists the FTSE MIB as the reference index. The listing context matters because the Lang & Schwarz quote is the euro reference for this article, while the Milan listing provides the primary market context.

Trading remains below EUR 15.00

The current quote of EUR 14.60 was 2.14 percent below the Lang & Schwarz prior close of EUR 14.92 on October 7, 2026. The combination of a higher BBB+ rating, a EUR 22.0 billion market value and a price below the EUR 17.45 yearly high leaves the November reporting date as the next concrete test for the bank's investment case.

The further course of trading is shown by the continuously updated real-time quote of BPM Bank stock.