BMPS.MI · MIL
FTSE MIB
Banca Monte dei Paschi di Siena S.p.A.
Financial services · Regional banks
€11.43
−€0.164 (−1.41%) today
Today's session · updated · Source: Yahoo Finance
Consensus of 6 analysts
Buy
Median price target €12.30 +7.6%
- Open
- €11.70
- Day range
- 11.39 – €11.78
- 52-week range
- 6.85 – €12.08
- Volume
- 5,648,578
- Market cap
- €34,735M
- P/E (TTM)
- 11.7x
- EPS (TTM)
- €0.98
- EPS est. 2026
- €0.78
- P/E est. 2026
- 14.7x
- Dividend yield
- n/a
- Beta
- 0.85
- Payout
- 68%
Analyst summary
Generated with AI · Nov 11, 2026, 15:30Banca Monte dei Paschi di Siena is an Italian banking group serving retail, wealth-management, corporate and large corporate clients. Q2 2026 revenue rose year on year, while net income grew faster, lifting the net margin. However, consensus forecasts a sharp decline in 2026 EPS before a recovery in 2027. The shares trade at 11.7x trailing earnings, and analysts’ median target implies 7.6% upside from the current price.
- 1Q2 2026 revenue was €2,068M and net income was €656M, up +5.6% and +36.8% year on year.
- 2Consensus EPS falls to €0.779 in 2026 before rising to €0.885 in 2027.
- 3The median analyst target is €12.30, implying +7.6% upside; four of six analysts rate the shares Buy.
Banca Monte dei Paschi di Siena financials
Q2 2026 results, quarter ended Jun 30, 2026
| Metric | Q2 2026 | 1-year change |
|---|---|---|
| Total revenue | €2,068M | +5.6% |
| Net income | €656M | +36.8% |
| Earnings per share | €0.20 | +27.2% |
| Net margin | 31.7% | +7.2 pp |
| Free cash flow | n/a | n/a |
| Debt / equity | 2.06 | +89.4% |
Revenue and net income (€M)
Total revenueNet income
| Quarter | Total revenue | Net income |
|---|---|---|
| Q2 2025 | €1,958M | €479M |
| Q3 2025 | €1,001M | €474M |
| Q4 2025 | €1,906M | €1,670M |
| Q1 2026 | €1,959M | €585M |
| Q2 2026 | €2,068M | €656M |
Banca Monte dei Paschi di Siena earnings per share (EPS)
Consensus estimates
| Period | EPS est. | 1-year change |
|---|---|---|
| Current quarterQ4 2026 · Analysts: 1 | €0.1400.14 – 0.14 | −72.9%€0.516 |
| Next quarterQ1 2027 · Analysts: 1 | €0.2100.21 – 0.21 | +22.8%€0.171 |
| Current year2026 · Analysts: 7 | €0.7790.71 – 0.82 | −49.8%€1.553 |
| Next year2027 · Analysts: 7 | €0.8850.83 – 0.96 | +23.6%€0.716 |
Forward P/E: 14.7x (2026) and 12.9x (2027) at the current price.
Actual and estimated EPS (€)
Actual EPSEstimated EPS
| Quarter | Actual EPS | Estimated EPS |
|---|---|---|
| Q2 2025 | €0.158 | — |
| Q3 2025 | €0.156 | — |
| Q4 2025 | €0.519 | €0.201 |
| Q1 2026 | €0.171 | €0.191 |
| Q2 2026 | €0.197 | €0.180 |
| Q3 2026 | €0.177 | €0.170 |
| Q4 2026 | — | €0.140 |
| Q1 2027 | — | €0.210 |
| Year | Actual EPS | Estimated EPS |
|---|---|---|
| 2022 | −€0.850 | — |
| 2023 | €1.629 | — |
| 2024 | €1.549 | — |
| 2025 | €1.537 | — |
| 2026 | — | €0.779 |
| 2027 | — | €0.885 |
EPS trend
| Quarter | EPS | YoY change |
|---|---|---|
| Q1 2027Estimated | €0.210 | +22.8% |
| Q4 2026Estimated | €0.140 | −73.0% |
| Q3 2026 | €0.177est. €0.170 · surprise +4.1% | +13.5% |
| Q2 2026 | €0.197est. €0.180 · surprise +9.4% | +24.8% |
| Q1 2026 | €0.171est. €0.191 · surprise −10.5% | n/a |
| Q4 2025 | €0.519est. €0.201 · surprise +158.7% | n/a |
| Q3 2025 | €0.156 | n/a |
| Q2 2025 | €0.158 | n/a |
| Year | EPS | Annual change |
|---|---|---|
| 2027Estimated | €0.885 | +13.6% |
| 2026Estimated | €0.779 | −49.3% |
| 2025 | €1.537 | −0.8% |
| 2024 | €1.549 | −4.9% |
| 2023 | €1.629 | n/s |
| 2022 | −€0.850 | 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 Monte dei Paschi di Siena dividend
Yield and payments
| Dividend yield (TTM) | n/a |
| Forward yield (next 12m) | 7.5% |
| Dividend per share (TTM) | €0.00 |
| Forward dividend (next 12m) | €0.86 |
| Payout (TTM) | 68% |
| Last dividend | €0.86May 18, 2026 |
| Next ex-dividend date | n/a |
Dividend per share by year (€)
PaidEstimated
| Year | Dividend per share |
|---|---|
| 2024 | €0.25 |
| 2025 | €0.86 |
| est. 12m | €0.86 |
Banca Monte dei Paschi di Siena forecasts
6 analyst ratings
Consensus: Buy · 4 buy, 2 hold, 0 sell
1-year price forecast
Share price
Price target (high, median, low)
| Target | Price | Upside |
|---|---|---|
| High | €12.50 | +9.3% |
| Median | €12.30 | +7.6% |
| Low | €10.50 | −8.2% |
| Date | Close |
|---|---|
| Nov 28, 2025 | €8.15 |
| Dec 30, 2025 | €9.13 |
| Jan 30, 2026 | €8.73 |
| Feb 27, 2026 | €8.30 |
| Mar 31, 2026 | €7.43 |
| Apr 30, 2026 | €9.05 |
| May 29, 2026 | €9.23 |
| Jun 30, 2026 | €10.86 |
| Jul 31, 2026 | €11.57 |
| Aug 31, 2026 | €11.57 |
| Sep 30, 2026 | €11.75 |
| Oct 30, 2026 | €10.83 |
| Nov 11, 2026 | €11.43 |
Banca Monte dei Paschi di Siena peers
| Ticker | Company | Market cap (€M) | P/E | Price (€) | 1-day change | 52-week range |
|---|---|---|---|---|---|---|
| BMPS.MI | Banca Monte dei Paschi di Siena | 34,735 | 11.7x | 11.43 | −1.41% | 6.8512.08 |
| 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 |
Risks, catalysts and conclusion
Generated with AI · Nov 11, 2026, 15:30Risks
- Consensus projects 2026 EPS of €0.779, down −49.3%, leaving earnings vulnerable if the anticipated recovery is delayed.
- Quarterly earnings have been uneven, including a Q1 2026 EPS miss of −10.5%, making near-term delivery a risk.
- At 11.7x current P/E, the shares trade above BNP Paribas and Deutsche Bank, exposing valuation to peer multiple compression.
Catalysts
- Delivery of the 2027 EPS consensus of €0.885, up +13.6%, could support an earnings recovery narrative.
- Growth across retail, wealth-management and corporate banking could broaden earnings contributions from the company’s four operating segments.
- Realisation of the estimated €0.86 dividend and 7.5% forward yield could sustain income-oriented investor interest.
Conclusion
The latest quarter shows stronger revenue, profit and margin growth, and quarterly EPS exceeded its estimate. That momentum is tempered by consensus for a steep 2026 EPS decline, followed by a forecast recovery in 2027. The valuation is broadly in line with several Italian peers, while analyst targets suggest modest upside and the estimated dividend yield is substantial. Overall, the picture is positive but dependent on delivery of the earnings recovery.
Analysis written automatically by AI from Yahoo Finance market data on Nov 11, 2026, 15:30.
This content is for information only and is not financial advice or a recommendation to buy or sell securities. Ratings and price targets come from third-party analysts. Investing in the stock market involves the risk of losing capital.
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