BMED.MI · MIL FTSE MIB

Banca Mediolanum S.p.A.

Financial services · Banks - Regional

€23.22 −€0.81 (−3.37%) today

Closing price on Nov 11, 2026 · Source: Yahoo Finance

Consensus of 12 analysts

Buy

Median price target €25.50 +9.8%

Open: €24.30
Day range: 22.89 – €24.37
52-week range: 15.99 – €24.81
Volume: 1,358,807
Market cap: €17,167M
P/E (TTM): 13.1x
EPS (TTM): €1.77
EPS est. 2026: €1.56
P/E est. 2026: 14.9x
Dividend yield: n/a
Beta: 0.78
Payout: 71%

Banca Mediolanum financials

Q4 2025 results, quarter ended Dec 31, 2025

Metric	Q4 2025	1-year change
Total revenue	€802M	n/a
Net income	€512M	n/a
Earnings per share	€0.58	n/a
Net margin	63.9%	n/a
Free cash flow	n/a	n/a
Debt / equity	0.09	n/a

Revenue and net income (€M)

Total revenueNet income

Quarter	Total revenue	Net income
Q1 2025	€548M	€243M
Q2 2025	€547M	€234M
Q3 2025	€544M	€249M
Q4 2025	€802M	€512M

Banca Mediolanum earnings per share (EPS)

Consensus estimates

Period	EPS est.	1-year change
Current quarterQ4 2026 · Analysts: 1	€0.4500.45 – 0.45	−22.0%€0.577
Next quarterQ1 2027 · Analysts: 1	€0.4300.43 – 0.43	n/a
Current year2026 · Analysts: 8	€1.5591.42 – 1.69	−0.4%€1.566
Next year2027 · Analysts: 8	€1.5931.49 – 1.66	+2.2%€1.559

Forward P/E: 14.9x (2026) and 14.6x (2027) at the current price.

Actual and estimated EPS (€)

Actual EPSEstimated EPS

Quarter	Actual EPS	Estimated EPS
Q1 2025	€0.330	—
Q2 2025	€0.316	—
Q3 2025	€0.337	—
Q4 2025	€0.577	€0.486
Q1 2026	—	€0.362
Q2 2026	—	€0.359
Q3 2026	—	€0.373
Q4 2026	—	€0.450
Q1 2027	—	€0.430

Year	Actual EPS	Estimated EPS
2022	€0.681	—
2023	€1.109	—
2024	€1.518	—
2025	€1.675	—
2026	—	€1.559
2027	—	€1.593

EPS trend

Quarter	EPS	YoY change
Q1 2027Estimated	€0.430	+18.7%
Q4 2026Estimated	€0.450	−22.0%
Q3 2026Estimated	€0.373	+10.8%
Q2 2026Estimated	€0.359	+13.3%
Q1 2026Estimated	€0.362	+9.8%
Q4 2025	€0.577est. €0.486 · surprise +18.8%	n/a
Q3 2025	€0.337	n/a
Q2 2025	€0.316	n/a
Q1 2025	€0.330	n/a

Year	EPS	Annual change
2027Estimated	€1.593	+2.2%
2026Estimated	€1.559	−6.9%
2025	€1.675	+10.3%
2024	€1.518	+36.9%
2023	€1.109	+62.8%
2022	€0.681	n/a

Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.

Banca Mediolanum dividend

Yield and payments

Dividend yield (TTM)	n/a
Forward yield (next 12m)	5.6%
Dividend per share (TTM)	€0.00
Forward dividend (next 12m)	€1.30
Payout (TTM)	71%
Last dividend	€0.65Apr 20, 2026
Next ex-dividend date	n/a

Dividend per share by year (€)

PaidEstimated

Year	Dividend per share
2019	€0.41
2020	€0.00
2021	€1.01
2022	€0.59
2023	€0.54
2024	€0.79
2025	€1.23
est. 12m	€1.30

Banca Mediolanum forecasts

12 analyst ratings

Buy67% Hold33% Sell0%

Consensus: Buy · 8 buy, 4 hold, 0 sell

1-year price forecast

Share price Price target (high, median, low)

12-month price targets
Target	Price	Upside
High	€28.00	+20.6%
Median	€25.50	+9.8%
Low	€23.20	−0.1%

Monthly close (last 12 months)
Date	Close
Nov 28, 2025	€18.44
Dec 30, 2025	€19.47
Jan 30, 2026	€19.76
Feb 27, 2026	€18.24
Mar 31, 2026	€17.28
Apr 30, 2026	€18.63
May 29, 2026	€19.81
Jun 30, 2026	€21.78
Jul 31, 2026	€23.17
Aug 31, 2026	€24.05
Sep 30, 2026	€23.97
Oct 30, 2026	€22.37
Nov 11, 2026	€23.22

Banca Mediolanum peers

Ticker	Company	Market cap (€M)	P/E	Price (€)	1-day change	52-week range
BMED.MI	Banca Mediolanum	17,167	13.1x	23.22	−3.37%	15.9924.81
UCG.MI	UniCredit	125,271	11.4x	83.61	+0.07%	57.3686.42
ISP.MI	Intesa Sanpaolo	108,698	11.0x	6.29	−1.66%	4.816.94
BNP.PA	BNP Paribas	104,602	8.4x	95.44	−0.23%	65.87113.82
CABK.MC	CaixaBank	85,954	13.5x	12.39	−1.04%	8.9613.56
DBK.DE	Deutsche Bank	61,695	9.8x	33.28	+0.48%	23.8235.85