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BFF Bank SpA
(LSE:BFF)
BFF Bank SpA (BFF) vs. iShares MSCI Italy ETF (EWI)
BFF Bank SpA Business Overview & Revenue Model
BFF Bank SpA Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 759.45M | 486.98M | 424.52M | 415.15M | 301.60M | 221.71M |
| Gross Profit | 614.07M | 394.10M | 817.66M | 415.15M | 301.60M | 221.71M |
| EBITDA | 312.07M | 315.71M | 248.32M | 343.56M | 206.55M | 129.23M |
| Net Income | 211.77M | 215.68M | 171.66M | 232.05M | 197.37M | 91.07M |
Balance Sheet | ||||||
| Total Assets | 12.22B | 12.15B | 12.29B | 13.34B | 11.18B | 6.05B |
| Cash, Cash Equivalents and Short-Term Investments | 702.44M | 305.84M | 593.89M | 911.33M | 825.03M | 204.47M |
| Total Debt | 0.00 | 750.35M | 242.47M | 242.77M | 379.63M | 1.01B |
| Total Liabilities | 11.43B | 11.27B | 11.53B | 12.58B | 10.61B | 5.59B |
| Stockholders Equity | 794.95M | 876.81M | 758.81M | 758.77M | 571.60M | 462.58M |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 10.14M | -216.54M | 124.41M | 471.91M | 97.69M |
| Operating Cash Flow | 0.00 | 41.51M | -184.87M | 157.56M | 533.23M | 104.67M |
| Investing Cash Flow | 0.00 | -44.17M | -31.67M | -33.32M | -71.04M | -7.06M |
| Financing Cash Flow | 0.00 | -101.21M | -162.21M | -43.83M | -97.32M | -2.63M |
BFF Bank SpA Technical Analysis
BFF Bank SpA Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | €2.12B | 16.98 | 17.05% | 11.78% | -23.49% | -52.00% | |
70 Outperform | 1.40B | 7.88 | 9.33% | 9.13% | -3.63% | -5.12% | |
59 Neutral | 342.09M | ― | 0.00% | ― | 0.00% | 0.00% | |
54 Neutral | 1.04B | 8.71 | 8.67% | 5.88% | -6.81% | -4.79% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
BFF Bank SpA Corporate Events
BFF Bank S.p.A. announced the exercise of 36,000 options as part of its Stock Options Plan 2020. This transaction, executed in a cash-less mode, reflects the company’s ongoing efforts to manage its financial instruments and enhance its stock option programs, potentially impacting its financial strategies and stakeholder interests.
BFF Bank S.p.A. has published its Consolidated Half-Year Financial Report for 2025, which is now accessible to the public. This report includes the management report and audit certification, reflecting the company’s financial health and operational performance, which is crucial for stakeholders and investors.
BFF Bank S.p.A. reported its highest first-half performance in 2025, with a notable 21% year-on-year increase in Factoring & Lending Profit Before Tax. The bank’s credit portfolio and volumes reached record levels, supported by a 17% growth in Italy. Despite a decrease in adjusted total revenues, the bank maintained a strong liquidity position with a Loan/Deposit Ratio at 67% and significant growth in deposits. The CET1 ratio stood at 14.3%, indicating robust capital adequacy, while net non-performing loans remained low at 0.2%. These results underscore BFF’s solid operational performance and strategic positioning in the financial sector.
BFF Bank S.p.A. has announced the publication of its updated Articles of Association following a partial free capital increase. This update, registered with the Companies Register of Milan, Monza Brianza, and Lodi, reflects changes previously announced to the market and is accessible on the bank’s website. This development may impact the bank’s governance and operational transparency, potentially influencing stakeholder confidence.
BFF Bank S.p.A. announced a change in its share capital following a partial execution of a free share capital increase, which was resolved in April 2020. This increase, amounting to €21,101.85, involved the issuance of 27,405 new ordinary shares allocated to staff as part of remuneration and incentive policies. This move is part of BFF’s broader strategy to align staff incentives with company objectives, potentially strengthening its market position and operational efficiency.
B.F. S.p.A. is a prominent player in the Italian agri-food industry, leveraging its subsidiaries to offer a range of services and products to farmers. The company’s diverse shareholder base and market activities underscore its significant role in the agricultural sector, potentially impacting stakeholders involved in the agri-food supply chain.
DBRS Morningstar has confirmed BFF Bank’s ratings, maintaining the Long-Term Issuer Rating at BB (high) and the Long-Term Deposit Rating in the Investment Grade category at BBB (low), both with a Stable Outlook. This confirmation reflects BFF’s stable financial position and its continued strength in the specialized finance sector, potentially reassuring stakeholders about the bank’s creditworthiness and operational stability.
B.F. S.p.A.’s Board of Directors has confirmed the independence of its directors and auditors, appointed Federico Vecchioni as Executive Chairman, and established board committees to enhance governance. These strategic moves align with the company’s focus on international growth and strategic acquisitions, strengthening its competitive position and operational continuity.
BFF Bank SpA’s shareholders approved the 2024 financial statements, highlighting a rise in consolidated production value and EBITDA, attributed to integration with investee companies. The meeting also approved a dividend distribution, appointed a new board of directors, and authorized share purchases for incentive plans, indicating strategic growth and stakeholder engagement.
B.F. S.p.A. has made available the answers to shareholder questions submitted before the Ordinary Shareholders’ Meeting scheduled for June 5, 2025. These answers can be accessed in the ‘Investor Relations’ section of the company’s website. This move reflects the company’s commitment to transparency and engagement with its stakeholders, potentially strengthening its position in the market.
BFF Bank S.p.A. has announced an increase in its share capital by €39,198.39 through the issuance of 50,907 new ordinary shares. This move is part of the bank’s remuneration and incentive policies, aligning with its Management by Objective incentive system and Stock Option Plans. The change in share capital reflects BFF’s commitment to incentivizing its staff, which could enhance its operational efficiency and market competitiveness.
BFF Bank SpA has announced the documentation related to its upcoming ordinary shareholders’ meeting scheduled for June 5, 2025, which will address the assignment of the legal audit of accounts for the period 2026-2034. The Board of Statutory Auditors has provided an integration to their recommendation, detailing the economic terms of the offers, which is now available on the company’s website and authorized storage mechanism.
BFF Bank S.p.A. announced the exercise of 896,000 options in a cash-less mode as part of its 2020 Stock Option Plan. This transaction, led by CEO Massimiliano Belingheri, involved the exercise of options at a price of 1.8096 Euro per share, impacting the company’s stock option program and potentially influencing its market positioning.