- CEO
- Gianni Franco Giacomo Papa
- Full Time Employees
- 19,850
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- Via San Carlo 8/20 Modena MO Italy 41121
- IPO Date
- Jun 9, 2015
- Business
- BPER Banca S.p.A. is a prominent Italian banking group primarily engaged in providing a comprehensive range of banking and financial services to individuals, businesses, professionals, and public entities across Italy. The bank's principal offerings include current and savings accounts; loans and mortgages; insurance and social security products; digital banking services; payment cards; investment and savings products; financing and leasing; collection and payment services; import and export financing; liquidity and investment management; wealth management including portfolio management, consultancy, and financial advisory; insurance investment products; and funds and SICAVs. The Corporate & Investment Banking division delivers structured finance, derivatives, mergers and acquisitions advisory, capital markets, and financial sponsor solutions to corporate and institutional clients. Founded in 1867 and headquartered in Modena, Italy, BPER Banca operates through approximately 2,000 branches nationally, serving around 6 million customers with approximately 23,000 employees.
In recent developments, BPER Banca is undergoing a significant strategic transformation marked by the planned merger through absorption of Banca Popolare di Sondrio (BPS), aiming to expand its market share and operational scale. This acquisition is expected to boost BPER's earnings substantially, with projected net income growth of 40% by 2027 driven by cost synergies of approximately €290 million through branch network rationalization and IT integration. The merger positions BPER as a leading consolidation force in the Italian banking sector, particularly strengthening its foothold in Lombardy and Valtellina regions. Additionally, BPER commenced an equity buyback program in late 2025 to repurchase up to 3 million shares to support incentive schemes for employees. The bank is executing a business plan centered on evolving into a multi-specialist, capital-light model supported by technological and digital transformation that enhances its national presence and specialized distribution channels. BPER also enjoys recent credit rating upgrades reflecting its improved capitalization, earnings prospects, and strategic execution.
This comprehensive set of products, services, and strategic initiatives underlines BPER Banca’s commitment to becoming a reliable, sustainable, and leading bank in Italy’s evolving financial landscape, with growing influence in corporate, retail, and institutional banking segments.