Added to YB: 2024-05-13
Pitch date: 2024-05-10
BFF.MI [bullish]
BFF Bank S.p.A.
+12.28%
current return
Author Info
@ArmsGarrett is a a research analyst and portfolio manager whoe stock pitches on Twitter. Follow on Twitter
Company Info
BFF Bank S.p.A. engages in non-recourse factoring and credit management activities towards public administration bodies and private hospitals in Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, Slovakia, and Spain.
Market Cap
EUR 2.1B
Pitch Price
EUR 8.35
Price Target
N/A
Dividend
9.70%
EV/EBITDA
N/A
P/E
16.90
EV/Sales
N/A
Sector
Financial Services
Category
value
BFF Bank: Weathering Regulatory Storms with Strong Financial Fundamentals
BFF.MI: Italian specialty finance leader in public admin & healthcare receivables hit by Bank of Italy inspection. Potential increase in risk weighting for some loans, impacting capital base & growth. 40%+ ROE at 1.75x book leaves room. More work needed but 7x EPS with €260M 2026 profit target & >€540M dividends 2024-26 vs €1.4B market cap.
Read full article (1 min)