BPER reported an ordinary consolidated profit of €2,013.6 million for the first nine months of the year, up 16.4% from the same period in 2025. Core revenue increased 3.5% to €5,378.8 million, and the bank’s board approved an interim dividend of €0.33 per share, amounting to €694 million in total.
Net interest income rose 3.5% to €3,375.1 million, while net commissions grew 3.4% to €2,003.7 million. Income from financial activities more than doubled to €279.5 million. Operating costs fell 2.2% to €2,422.2 million, while credit impairment charges increased 1.8% to €264.2 million.
BPER reported a Common Equity Tier 1 (CET1) ratio of 15.1%, supported by €2 billion in organic capital generation, equivalent to 247 basis points. Earnings per share for the nine-month period were €0.953.
The bank revised its 2026 guidance, now expecting its CET1 ratio to exceed 14.5%, compared with its previous forecast of around that level. It also expects the cost of credit to be below 35 basis points, down from an earlier estimate of about 40 basis points.
Chief Executive Gianni Franco Papa said commercial activity remained positive and described the results as strong despite persistent macroeconomic and geopolitical uncertainty. He also pointed to rising deposits and more than €20 billion in new lending, saying the bank would continue working towards the targets in its industrial plan.
Sources: ANSA Economia.