FinecoBank SpA (IT:FBK)
:FBK
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FinecoBank SpA
(FBK)
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Rating:69Neutral
Price Target:
€22.50
▲(0.31% Upside)
Action:Downgraded
Date:03/31/26
The score is driven primarily by strong underlying financial performance (high margins, solid multi-year revenue and net income growth) and supportive valuation (low P/E and ~4% yield). These positives are tempered by weak technical positioning (price below key moving averages and negative MACD), which signals unfavorable near-term momentum.
Positive Factors
Diversified integrated platform
Fineco’s integrated banking, brokerage and wealth-management platform, delivered via digital channels plus financial advisors, creates multiple recurring revenue pools and cross‑sell paths. This durable business model supports stable fee and interest income, scalable customer acquisition, and resilience across cycles.
Negative Factors
Revenue volatility
Material swings in revenue across recent years reduce predictability of the fee base and complicate planning. Since fees and trading income depend on asset levels and volumes, volatility can pressure margins, capital allocation and the sustainability of payouts in weaker market periods.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified integrated platform
Fineco’s integrated banking, brokerage and wealth-management platform, delivered via digital channels plus financial advisors, creates multiple recurring revenue pools and cross‑sell paths. This durable business model supports stable fee and interest income, scalable customer acquisition, and resilience across cycles.
Read all positive factors
FinecoBank SpA (FBK) vs. iShares MSCI Italy ETF (EWI)
Market Cap
€12.77B
Dividend Yield3.35%
Average Volume (3M)1.56M
Price to Earnings (P/E)10.3
Beta (1Y)1.10
Revenue Growth0.32%
EPS Growth-0.89%
CountryIT
Employees1,474
SectorGeneral
Sector StrengthN/A
IndustryBanks - Regional
Share Statistics
EPS (TTM)1.33
Shares Outstanding611,890,600
10 Day Avg. Volume1,730,657
30 Day Avg. Volume1,561,041
Financial Highlights & Ratios
PEG Ratio-22.45
Price to Book (P/B)5.32
Price to Sales (P/S)10.31
P/FCF Ratio14.25
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€26.14Price Target Upside16.55% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)1.09
Revenue Forecast (FY)€1.43B
FinecoBank SpA Business Overview & Revenue Model
Company Description
FinecoBank Banca Fineco S.p.A. provides banking and investment products and services. The company operates through Banking, Brokerage, and Investing segments. The company offers banking services, including current account and deposit services, pay...
How the Company Makes Money
FinecoBank makes money mainly through a combination of net interest income and fee/commission income from its integrated banking and investing platform. (1) Net interest income: the bank earns interest on loans and other interest-earning assets an...
FinecoBank SpA Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
74
Positive
Cash Flow
68
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.32B | 1.64B | 1.50B | 1.11B | 955.09M |
| Gross Profit | 1.31B | 1.52B | 1.40B | 1.09B | 947.64M |
| EBITDA | 935.50M | 965.08M | 899.38M | 631.23M | 520.62M |
| Net Income | 647.04M | 652.28M | 609.10M | 428.50M | 380.71M |
Balance Sheet | |||||
| Total Assets | 37.30B | 34.69B | 33.32B | 36.27B | 33.87B |
| Cash, Cash Equivalents and Short-Term Investments | 2.09B | 1.96B | 2.55B | 1.79B | 1.77B |
| Total Debt | 1.66B | 810.23M | 870.65M | 561.28M | 562.60M |
| Total Liabilities | 34.74B | 32.30B | 31.12B | 34.36B | 32.14B |
| Stockholders Equity | 2.55B | 2.39B | 2.19B | 1.91B | 1.73B |
Cash Flow | |||||
| Free Cash Flow | 952.81M | 136.29M | 1.12B | 255.72M | -229.79M |
| Operating Cash Flow | 967.10M | 154.93M | 1.14B | 269.10M | -215.26M |
| Investing Cash Flow | -3.01B | -18.64M | -15.72M | -12.40M | -15.86M |
| Financing Cash Flow | 1.97B | -451.82M | -321.30M | -258.52M | -343.78M |
FinecoBank SpA Technical Analysis
Positive
22.43
Price Trends
19.63
Positive
20.15
Positive
19.46
Positive
Market Momentum
0.24
Positive
52.96
Neutral
9.91
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:FBK, the sentiment is Positive. The current price of 22.43 is above the 20-day moving average (MA) of 20.63, above the 50-day MA of 19.63, and above the 200-day MA of 19.46, indicating a bullish trend. The MACD of 0.24 indicates Positive momentum. The RSI at 52.96 is Neutral, neither overbought nor oversold. The STOCH value of 9.91 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:FBK.
FinecoBank SpA Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | €14.30B | 11.66 | 26.99% | 6.35% | -45.43% | 11.12% | |
76 Outperform | €97.60B | 6.83 | 14.41% | 6.08% | -8.72% | 8.09% | |
69 Neutral | €12.77B | 10.31 | 40.02% | 3.35% | 0.32% | -0.89% | |
69 Neutral | €6.26B | 11.76 | 31.07% | 4.75% | 4.69% | 10.11% | |
65 Neutral | €107.76B | 7.03 | 16.86% | 4.15% | 1.30% | 18.00% | |
62 Neutral | €16.80B | ― | 11.91% | 6.61% | -23.69% | 32.49% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
IT:FBK
FinecoBank SpA
20.63
1.99
10.66%
IT:UCG
UniCredit SpA
70.46
15.28
27.69%
IT:BGN
Banca Generali SpA
53.80
2.99
5.88%
IT:ISP
Intesa Sanpaolo SpA
5.54
0.91
19.68%
IT:MB
Mediobanca Banca di Credito Finanziario S.p.A.
20.60
1.43
7.44%
IT:BMED
Banca Mediolanum SpA
19.02
4.81
33.86%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.