Banco di Desio e della Brianza S.p.A.

€16.04As of Sun 8 Nov 2026, 12:00 UTC

BIT:BDBFinancials

Country Italy

PE (Fwd) •••

TSR 10Y CAGR 30.97%

Div yield 3.18%

ROTE 9.22%

Banks (Regional)

Beta (5Y) 0.49

PE TTM 15.86

TSR TTM 114.13%

Mkt cap €2.105B

NIM —

SE Grade™

Value

Quality

Moat

Consensus

Reference

€19

16.83%

(30.10%)

Hold 6|6|1|12|7

TTM

FYE 31 Dec EUR

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

517.3

Revenue€M

319.5

348.5

384.5

408.0

442.0

477.4

525.5

561.2

609.4

644.5

537.5

7.84%

8.14%

14.60

Revenue growth%

15.67

14.53

14.68

15.04

17.02

18.50

21.15

23.47

22.38

21.80

19.10

21.80

17.76

8.44

NIM%

10.69

11.44

14.06

13.06

15.91

14.41

16.70

18.03

15.16

17.26

19.27

16.70

14.79

18.56

Effic. R.%

8.23

8.47

11.09

8.73

10.91

13.09

11.50

13.24

11.25

8.39

3.30

11.50

11.00

10.92

Net margin%

12.15

15.09

15.39

15.29

16.39

14.40

14.98

15.33

15.93

16.63

12.60

15.33

15.31

30.15

P/E ratio (avg)x

33.50

34.88

30.85

29.09

26.64

26.55

28.48

27.13

24.60

21.47

22.08

26.55

27.81

37.72

P/TBVx

28.97

32.23

36.38

35.89

37.99

43.87

50.36

52.45

51.33

48.89

12.87

50.36

40.93

22.40

P/Bx

26.44

27.00

29.96

34.15

33.92

36.79

38.29

39.77

42.85

45.96

21.62

39.77

35.47

140.5

NII€M

221.3

241.4

269.2

284.2

314.2

331.6

372.8

395.5

422.6

453.3

271.2

7.61%

8.03%

—

10.19

NII grth%

11.53

14.05

13.73

12.91

13.83

15.52

17.95

19.41

19.32

20.78

24.84

19.32

14.78

11.29

ROTE%

25.29

25.35

26.03

24.26

24.48

23.87

21.59

22.87

20.74

20.27

18.31

21.59

24.07

21.62

Return on equity%

13.83

15.33

13.84

15.87

13.76

15.29

13.52

14.05

14.15

12.23

20.26

14.05

13.95

12.93

Return on assets%

21.78

21.37

21.09

21.07

19.59

20.88

20.47

19.47

16.63

14.67

21.66

19.47

20.67

0.54

EPS€

1.22

1.25

1.12

1.01

0.95

0.96

0.90

0.85

0.76

0.73

0.58

(5.13%)

(4.47%)

—

10.90

EPS growth%

17.33

16.32

16.85

19.43

20.45

20.82

21.29

20.07

18.71

21.24

3.81

20.82

19.75

0.83

Bookvalue per sh€

1.17

1.19

1.22

1.32

1.24

1.22

1.19

1.20

1.30

0.46

0.93%

(0.07%)

—

0.88

TBV/sh€

1.10

1.13

1.07

1.09

1.08

1.12

1.10

1.18

1.37

0.45

4.74%

2.41%

—

0.33

Dividend per sh€

0.68

0.78

0.88

0.85

0.90

0.99

1.14

1.12

1.17

1.23

1.09

6.40%

6.18%

—

20.45

Div yield (avg)%

13.88

16.52

15.35

17.11

15.91

13.21

13.51

15.53

16.85

17.61

5.53

15.53

15.72

29.70

Payout ratio%

18.57

20.51

18.52

16.70

19.68

22.23

21.94

24.51

26.47

26.69

22.91

24.51

21.22

127.6

Shares (diluted)M

151.7

165.5

166.7

169.3

161.0

168.0

186.1

183.7

216.4

209.6

130.3

5.43%

2.94%

9.42

Buyback yield%

9.51

7.30

4.85

6.16

3.22

4.76

2.48

4.50

2.09

4.03

11.79

4.03

4.63

178.95

Eq/Assets%

100.38

95.18

92.57

83.69

75.85

79.87

69.43

60.49

55.93

57.47

145.43

60.49

77.86

108.0

Assets€M

280.3

315.4

341.9

383.4

430.1

457.4

487.2

527.4

559.8

616.5

182.2

7.46%

8.87%

180.0

LT debt€M

224.4

221.7

216.6

240.5

256.6

237.8

246.9

248.6

228.0

252.4

329.9

(0.34%)

2.29%

Peers (US$2.364B)

Cap (US$)

Banca Generali S.p.A.

7.758B

13.15x

Credito Emiliano S.p.A.

7.496B

11.63x

Banca IFIS S.p.A.

684.7M

2.454x

Merchants Bancorp

2.378B

8.527x

Capital

TTM

10Y

Tang eq%

215.40

29.11

32.25

LT debt%

166.70

47.14

55.83

Cash%

231.62

10.43

10.54

Sh yield%

29.87

18.93

20.12

Owners

Insiders/Inst%

3.95

81.30

Short interest%

4.69

SBC / revenue%

1.36

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

ROE range%

12–16

$1 testx

—

Incr. ROIC%

—

Banco di Desio e della Brianza S.p.A. provides banking products and services to individuals and enterprises in Italy. The company offers current and deposit accounts; and debit and credit cards.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Total assets

€616.5M

8.87%

1.07×

Revenue

€644.5M

8.14%

1.00×

Non-interest expense

€370.4M

8.26%

1.01×