Banco BPM

Banco BPM S.p.A.
Company typePublic
BIT: BAMI
ISINIT0005218380
IndustryFinancial services
Predecessor
Founded1 January 2017 (2017-01-01)
Headquarters
Milan, Italy(registered office)
Verona, Italy(general office)
Number of locations
1,436 domestic branches, excluding foreign subsidiaries and representative offices (2023)
Key people
  • Carlo Fratta Pasini
  • (chairman)
  • Giuseppe Castagna
  • (CEO)
Brands
List
Services
  • retail banking
  • investment banking
  • corporate banking
  • insurance (via joint venture)
  • financial leasing
Revenue €5.341 billion (2023)
€2.770 billion (2023)
€1.264 billion (2023)
Total assets €202.132 billion (2023)
Total equity €14.038 billion (2023)
Number of employees
19,011 (2023)
Subsidiaries
Capital ratio 14.2% (Group CET1, end 2023)
Websitewww.bancobpm.it
Footnotes / references
in consolidated financial statement

Banco BPM S.p.A. is an Italian bank that commenced operations 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 has dual headquarters in Verona and Milan respectively.

The shares of the bank are 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.