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BFF Bank SpA
(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 | 733.81M | 778.27M | 783.06M | 508.14M | 341.15M | 268.58M |
| Gross Profit | 402.03M | 394.10M | 437.80M | 415.15M | 301.60M | 221.71M |
| EBITDA | 185.94M | 315.71M | 248.05M | 342.75M | 206.74M | 129.23M |
| Net Income | 124.31M | 215.68M | 171.66M | 232.05M | 197.37M | 91.07M |
Balance Sheet | ||||||
| Total Assets | 13.22B | 12.15B | 12.29B | 13.34B | 11.18B | 6.05B |
| Cash, Cash Equivalents and Short-Term Investments | 1.10B | 305.84M | 593.89M | 911.33M | 825.03M | 204.47M |
| Total Debt | 742.13M | 750.35M | 242.47M | 242.77M | 379.63M | 1.01B |
| Total Liabilities | 12.28B | 11.27B | 11.53B | 12.58B | 10.61B | 5.59B |
| Stockholders Equity | 943.62M | 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 |
|---|---|---|---|---|---|---|---|
74 Outperform | €2.02B | 16.17 | 17.55% | ― | -25.72% | -46.30% | |
71 Outperform | €1.34B | 7.57 | 8.85% | 8.58% | -3.63% | -5.12% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
61 Neutral | €1.14B | 9.74 | 7.87% | 5.22% | -5.81% | -11.05% | |
59 Neutral | ― | ― | ― | ― | ― | ― |
BFF Bank SpA Corporate Events
BFF Bank S.p.A. reported a record performance for the first nine months of 2025, with a notable increase in its credit portfolio and volumes. The bank’s adjusted net profit rose to €118.1 million, marking a 14% increase from the previous year, and its third-quarter profit surged by 33% year-on-year. The bank’s strategic financial management, including a positive change in government securities and a reduction in past due amounts, underscores its robust operational efficiency. The removal of bans on dividends and market expansion signals potential growth opportunities, while the bank maintains a strong capital position with a CET1 ratio of 13.4%.
The most recent analyst rating on (IT:BFF) stock is a Buy with a EUR12.50 price target. To see the full list of analyst forecasts on BFF Bank SpA stock, see the IT:BFF Stock Forecast page.
BF Agro-Industriale S.r.l., a subsidiary of B.F. S.p.A., along with minority shareholders, has entered into an agreement with PM&PARTNERS SGR S.p.A. and Armònia SGR S.p.A. for the acquisition of BIA S.p.A. The acquisition, valued at 57 million euros, includes potential earn-out and earn-in adjustments based on EBITDA targets. The transaction is expected to be completed by December 31, 2025, subject to certain conditions, including the signing of a financing contract and a shareholders’ agreement that will regulate governance and share circulation.
The most recent analyst rating on (IT:BFF) stock is a Buy with a EUR12.00 price target. To see the full list of analyst forecasts on BFF Bank SpA stock, see the IT:BFF Stock Forecast page.
PM&Partners and Armònia have acquired a majority stake in BIA S.p.A., a leading European cous cous producer, to accelerate its growth and strengthen its market position. The acquisition, supported by reinvestments from current shareholders, aims to enhance BIA’s development through strategic investments and expansion in high-value markets.
The most recent analyst rating on (IT:BFF) stock is a Buy with a EUR12.00 price target. To see the full list of analyst forecasts on BFF Bank SpA stock, see the IT:BFF Stock Forecast page.
BFF Bank S.p.A. has received approval from the Bank of Italy to remove previous prohibitions on dividend distribution and capital expansion, confirming its current additional capital requirements. The bank has updated its dividend policy, increasing its capital target by 100 basis points, and plans to implement this policy starting from the 2025 annual results. This adjustment will result in lower expected cumulative dividends by 2026 but aligns with the bank’s strategy for sustainable growth and capital solidity.
The most recent analyst rating on (IT:BFF) stock is a Buy with a EUR12.00 price target. To see the full list of analyst forecasts on BFF Bank SpA stock, see the IT:BFF Stock Forecast page.
BFF Bank S.p.A. has announced a change in its share capital following a partial execution of a free share capital increase, which was resolved by the Shareholders’ Meeting in April 2020. This increase, amounting to €5,673.36, involved the issuance of 7,368 new ordinary shares allocated to the BFF Group staff as part of their remuneration and incentive policies. The change reflects the bank’s ongoing commitment to its incentive systems and stock option plans, potentially strengthening its market position and aligning staff interests with company performance.
The most recent analyst rating on (IT:BFF) stock is a Buy with a EUR12.50 price target. To see the full list of analyst forecasts on BFF Bank SpA stock, see the IT:BFF Stock Forecast page.
BFF Bank S.p.A. has announced the publication of its updated Articles of Association following a partial execution of a free share capital increase. This update, which reflects changes announced in September 2025, is now accessible to the public at the Bank’s registered office and online. The publication of the updated Articles of Association is a significant step for BFF Bank as it continues to enhance its governance framework, potentially impacting its operations and market positioning.
The most recent analyst rating on (IT:BFF) stock is a Buy with a EUR12.50 price target. To see the full list of analyst forecasts on BFF Bank SpA stock, see the IT:BFF Stock Forecast page.
BFF Bank SpA’s Board of Directors has approved the consolidated half-year financial report for June 30, 2025, showing an increase in production value to 852 million euros, up 11% from the previous year. The company’s EBITDA rose by 3% to 53 million euros, driven by increased volumes and integration with associated companies. Despite a positive net result of 2 million euros, the financial management result was negative, attributed to higher financial debt. The report highlights growth in the agro-industrial and seed sectors, with significant contributions from international operations, although the EBIT decreased due to higher amortizations.
The most recent analyst rating on (IT:BFF) stock is a Buy with a EUR12.50 price target. To see the full list of analyst forecasts on BFF Bank SpA stock, see the IT:BFF Stock Forecast page.
The Bank of Italy has confirmed the MREL requirements for BFF Bank S.p.A., maintaining the consolidated capital requirements unchanged. This decision implies stability in BFF’s financial obligations and potentially reinforces its position in the financial sector, ensuring compliance without additional subordination requirements.
The most recent analyst rating on (IT:BFF) stock is a Buy with a EUR12.50 price target. To see the full list of analyst forecasts on BFF Bank SpA stock, see the IT:BFF Stock Forecast page.
BFF Bank S.p.A. has announced the publication of its updated Articles of Association following a partial free capital increase. The updated documents are available at the bank’s Milan office and on its website, reflecting changes previously communicated to the market. This update is part of BFF’s ongoing efforts to maintain transparency and regulatory compliance, potentially impacting its governance structure and stakeholder engagement.
The most recent analyst rating on (IT:BFF) stock is a Buy with a EUR12.50 price target. To see the full list of analyst forecasts on BFF Bank SpA stock, see the IT:BFF Stock Forecast page.
B.F. S.p.A. announced the total number of shares with increased voting rights as of September 1, 2025, in accordance with the Consolidated Law on Finance and the company’s regulations. This update reflects the company’s commitment to transparency and governance, potentially impacting shareholder engagement and voting dynamics.
The most recent analyst rating on (IT:BFF) stock is a Buy with a EUR12.50 price target. To see the full list of analyst forecasts on BFF Bank SpA stock, see the IT:BFF Stock Forecast page.
BFF Bank S.p.A. announced an increase in its share capital following the partial execution of a free share capital increase, which was resolved in 2020. This increase, amounting to €13,994.75, involved the issuance of 18,175 new ordinary shares, aimed at meeting remuneration and incentive policy needs. This move is part of the bank’s broader incentive systems, including the Management by Objective system and the 2020 Stock Option Plan. The change in share capital has been certified and filed with the relevant authorities, reflecting BFF’s commitment to enhancing its financial structure and aligning with strategic goals.
The most recent analyst rating on (IT:BFF) stock is a Buy with a EUR12.50 price target. To see the full list of analyst forecasts on BFF Bank SpA stock, see the IT:BFF Stock Forecast page.
BFF Bank S.p.A. announced an initial notification regarding the assignment of shares under its incentive system. The transaction involved the allocation of 86 shares at a price of zero euros, reflecting the company’s commitment to its remuneration and incentive policy. This move is a part of BFF Bank’s strategic efforts to align managerial interests with company performance, potentially impacting its market positioning and stakeholder relations.
The most recent analyst rating on (IT:BFF) stock is a Buy with a EUR12.50 price target. To see the full list of analyst forecasts on BFF Bank SpA stock, see the IT:BFF Stock Forecast page.