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.

Banco BPM S.p.A.
Company typeSocietà per azioni
Traded as
BIT: BAMI
ISINIT0005218380
IndustryFinancial services
Predecessor
Founded1 January 2017 (2017-01-01)
Headquarters
Milan, Italy(registered office)
Verona, Italy(general office)
Number of locations
2,320 domestic branches, excluding foreign subsidiaries and representative offices (2017)
Key people
Carlo Fratta Pasini(chairman)
Giuseppe Castagna(CEO)
Brands
Services
  • retail banking
  • investment banking
  • corporate banking
  • insurance (via joint venture)
  • financial leasing
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
Capital ratio 13.3% (Group CET1, end 2019)
Websitewww.bancobpm.it
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.

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