Banco BPM
Banco BPM S.p.A. is an Italian bank that started to operate on 1 January 2017, by the merger (approved by the board of directors on 24 May 2016) of Banco Popolare and Banca Popolare di Milano (BPM). The bank is the third largest retail and corporate banking conglomerate in Italy (in terms of total assets in 2016), behind Intesa Sanpaolo and UniCredit. The bank had dual headquarters in Verona and Milan respectively.
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Company type | Società per azioni | ||||
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Traded as | BIT: BAMI | ||||
ISIN | IT0005218380 | ||||
Industry | Financial services | ||||
Predecessor | |||||
Founded | 1 January 2017 | ||||
Headquarters |
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Number of locations | 2,320 domestic branches, excluding foreign subsidiaries and representative offices (2017) | ||||
Key people |
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Brands | List
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Services |
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Revenue | €4.293 billion (2019) | ||||
€1.689 billion (2019) | |||||
Net income | €797 million (2019) | ||||
Total assets | €183.685 billion (end 2020) | ||||
Total equity | €11.861 billion (end 2019) | ||||
Subsidiaries |
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Capital ratio | 13.3% (Group CET1, end 2019) | ||||
Website | www | ||||
Footnotes / references in consolidated financial statement |
The shares of the bank is a constituent of Italian blue chip index FTSE MIB; in 2018 Forbes Global 2000, Banco BPM was ranked the 831st. Banco Popolare and BPM, then Banco BPM have been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence Banco BPM is directly supervised by the European Central Bank.