Banca Monte dei Paschi di Siena
- Company typePublic
- Founded1472
- HeadquartersSiena, Italy
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
Banca Monte dei Paschi di Siena firmographics
Firmographics- Name
- Banca Monte dei Paschi di Siena
- Legal name
- Banca Monte dei Paschi di Siena S.p.A.
- Website
- https://www.gruppomps.it
- Company type
- Public
- Founded year
- 1472
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
Banca Monte dei Paschi di Siena industry classification
Industry- Product category
- Retail Banking
- NAICS
- Commercial Banking (522110), Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- Commercial Banks, Nec (6029)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
Keywords
Where Banca Monte dei Paschi di Siena is headquartered
LocationHeadquarters
- HQ city
- Siena
- HQ country
- Italy
- HQ region
- Europe
Offices6 records
Markets served
Banca Monte dei Paschi di Siena business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
Revenue model
- Retail Banking: Traditional retail banking services including deposits, current accounts, mortgages, and consumer lending through a network of approximately 1,270 branches in Italy, generating revenue through net interest income and fee commissions.
- Corporate and Investment Banking: Following the €17 billion acquisition of Mediobanca, the bank now operates corporate and investment banking services including capital markets activities, advisory services, and corporate lending, with Mediobanca's operations integrated as a wholly-owned subsidiary.
- Wealth Management: Private banking and asset management services acquired through the Mediobanca transaction, targeting high-net-worth individuals and institutional clients with investment products and portfolio management.
- Capital Markets (Bond Issuance): The bank issues covered bonds and senior preferred bonds to institutional investors, having completed a €750 million European Premium Covered Bond (April 2024) and €500 million Senior Preferred bond issuance (June 2026), attracting orders exceeding €2 billion.
- Insurance Holdings: The bank maintains a 13% stake in Assicurazioni Generali, Italy's largest insurer, through its Mediobanca subsidiary, representing a strategic financial investment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Q4 2025 cash dividend of €0.86 per share proposed |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Banca Monte dei Paschi di Siena product offering
Product offeringCore offering
Banca Monte dei Paschi di Siena is a comprehensive Italian banking group providing retail banking services (deposits, current accounts, mortgages, consumer loans, credit cards) through approximately 1,270 branches, corporate and investment banking (corporate lending, capital markets, M&A advisory) following the €17 billion September 2025 acquisition of Mediobanca, and wealth management services for high-net-worth individuals. The bank operates active capital markets franchises issuing covered bonds, senior preferred bonds, ESG-labeled bonds, certificates, and structured products to institutional investors under multiple debt programmes (EMTN, MPS Covered Bond Programme, MPS Covered Bond 2 Programme).
Product overview
Banca Monte dei Paschi di Siena operates as a comprehensive banking group offering retail, corporate, and investment banking services. The group includes core retail banking (accounts, loans, mortgages), corporate banking, and investment banking capabilities expanded through the September 2025 acquisition of Mediobanca SpA (86% stake). Wealth management services are delivered through Mediobanca's subsidiary structure. The bank also maintains active capital markets operations through multiple bond programmes (EMTN, Covered Bond, Covered Bond 2), domestic bond issuances, and ESG-labeled bonds under its Green, Social and Sustainability Bond Framework. Digital banking services are provided through the MPS Digital platform and subsidiary Banca Widiba.
Differentiator
Problem solved
Functional benefit
Brands
- Mediobanca: Investment banking and wealth management brand operating as wholly-owned subsidiary of BMPS following September 2025 acquisition
- Banca Widiba
Products and services
- Retail Banking Services Personal banking services including current accounts, savings accounts, personal loans, mortgages, and credit cards for individual retail customers in Italy, served through approximately 1,270 branches.
- MPS Digital Banking Digital banking platform for retail customers enabling online and mobile access to accounts, payments, and financial services.
- Corporate and Investment Banking Banking services for businesses and institutional clients, including corporate lending, treasury, capital markets, M&A advisory, and investment banking operations, expanded through the Mediobanca integration.
- Wealth Management Private banking and wealth management services integrated through Mediobanca, offering asset management, portfolio management, and advisory services for high-net-worth clients.
- EMTN Programme Euro Medium-Term Note programme enabling issuance of bonds to institutional investors under the European Medium-Term Notes framework.
- MPS Covered Bond Programme Covered bond programme for public and retained issues, allowing the bank to issue debt securities backed by a pool of mortgage loans. First European harmonized covered bond issued in April 2024 for €750 million, attracting orders exceeding €2.3 billion.
- Green, Social and Sustainability Bond Framework Framework for issuing ESG-labeled bonds including green bonds for climate projects, social bonds for social initiatives, and sustainability bonds combining both purposes.
- Domestic Bond Issuances Italian domestic bond programme allowing MPS to issue bonds to retail and institutional investors in the Italian market.
- Certificate Issuances Investment certificates issued by the bank, offering structured products for retail and institutional investors including various risk-return profiles.
Companies that use Banca Monte dei Paschi di Siena
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
Banca Monte dei Paschi di Siena technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Banca Monte dei Paschi di Siena partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Unipol Gruppo FinanziariocoreUnipol has agreed to acquire 635 MPS branches (approximately half the network) and the MPS brand from Intesa Sanpaolo for up to €3.5 billion if Intesa's takeover of MPS succeeds. Unipol plans to combine these assets with BPER Banca to create Italy's second-largest banking group operating under the MPS brand. This arrangement addresses antitrust concerns arising from Intesa's acquisition.
- Intesa SanpaolocoreIntesa Sanpaolo launched a €30.6 billion unsolicited cash-and-share bid for MPS, offering 1.6 newly issued shares plus €1 in cash per MPS share at €10.09 per share (12.5% premium). The deal would create the eurozone's second-largest banking group by market value with approximately €1.7 trillion in assets, serving over 27 million clients, with expected closure by December 2026.
- Banco BPMcoreBanco BPM proposed a 'merger of equals' with MPS to create Italy's second-largest banking group with combined market value of approximately €50 billion and synergies exceeding €1.1 billion. Banco BPM separately expressed interest in merger talks, competing with Intesa Sanpaolo's unsolicited €30.6 billion bid.
- MediobancacoreMPS completed €17 billion acquisition of Mediobanca in September 2025, acquiring an over 86% stake. The deal created Italy's third-largest lender by assets. MPS plans to fully integrate Mediobanca through merger by incorporation, delist Mediobanca from Milan stock exchange, and acquire the remaining 14% stake. Combined entity targets €3.7 billion adjusted net profit by 2030 and €700 million in savings by second half of 2028.
- Assicurazioni GeneraliminorThrough its Mediobanca subsidiary, MPS holds a 13% strategic stake in Assicurazioni Generali, Italy's largest insurer. This represents a significant financial investment and potential source of synergies as part of the combined banking-insurance group.
Scale indicators13 records
Recent moves9 records
Expansion highlights6 records
Banca Monte dei Paschi di Siena competitors and assessment
Company assessmentDirect peers
- Intesa Sanpaolo: Italy's largest banking group by retail customers and a direct competitor across retail, corporate, and wealth management. Intesa launched a €30.6B unsolicited bid to acquire BMPS in June 2026, making it both the closest peer and the most consequential counterparty in MPS's current strategic situation.
- Credito Emiliano (Credem): Italian commercial bank serving retail, corporate, and private banking customers with a strong regional base in Emilia-Romagna. Comparable to BMPS in size and product breadth within the Italian mid-tier banking segment.
- Banco BPM: Mid-large Italian commercial bank offering retail, corporate, and private banking services. Banco BPM proposed a merger of equals with BMPS in June 2026 (combined market value ~€50B) and is a direct competitor for Italian retail deposits, mortgages, and SME lending.
- BPER Banca: Italian commercial bank with strong regional presence across retail and corporate banking. Unipol plans to combine acquired MPS branches with BPER to create Italy's second-largest banking group, positioning BPER as a direct competitor in the post-consolidation landscape.
- UniCredit: Italy's largest bank by total assets and a pan-European banking group operating across retail, corporate, and investment banking. UniCredit is the primary scale benchmark for BMPS and represents the dominant competitor in the Italian retail and corporate banking markets.
- Banca Mediolanum: Italian retail and wealth management bank focused on affluent customers through a financial advisor-driven model. Competes with BMPS-Mediobanca in private banking and retail investment products, and is relevant to BMPS due to board interlocking issues (Vivaldi was declared ineligible due to dual service).
Broad incumbents
- BNP Paribas: Europe's largest banking group by assets with diversified retail, corporate, and investment banking. Comparable in scale and product breadth to a consolidated BMPS-Intesa entity, and a benchmark for European universal banking capabilities.
- Mediobanca: Italian investment bank and wealth manager that became an 86.3%-owned subsidiary of BMPS in September 2025. Operates corporate and investment banking, holds the 13% Generali stake, and continues to compete (and collaborate) in Italian investment banking and private wealth.
- Deutsche Bank: Major European universal bank with retail, corporate, and investment banking operations, including a sizable Italian presence. Comparable to BMPS-Mediobanca as a broad European incumbent with a parallel focus on building capital markets and wealth management franchises.
Others
- Cassa Depositi e Prestiti (CDP): Italian state-owned financial institution supporting national strategic investments and infrastructure. The former employer of Fabrizio Palermo (proposed CEO candidate who faced ECB scrutiny), CDP is a relevant peer given Italian government linkages and policy influence on MPS.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Banca Monte dei Paschi di Siena social profiles
Digital presenceBanca Monte dei Paschi di Siena compliance and trust
Trust signalCompliance10 records
Banca Monte dei Paschi di Siena financial estimates
Financial estimateRevenue estimate
Valuation estimate
Banca Monte dei Paschi di Siena leadership team
Management profileNumber of profiles
Profiles13 records
Banca Monte dei Paschi di Siena subsidiaries and ownership
Company hierarchySubsidiaries2 records
Banca Monte dei Paschi di Siena funding detail
Funding detailFunding overview
Funding rounds5 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Banca Monte dei Paschi di Siena M&A and investment
M&A and investmentM&A1 record
Investments11 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Banca Monte dei Paschi di Siena
What does Banca Monte dei Paschi di Siena do?
Banca Monte dei Paschi di Siena is a comprehensive Italian banking group providing retail banking services (deposits, current accounts, mortgages, consumer loans, credit cards) through approximately 1,270 branches, corporate and investment banking (corporate lending, capital markets, M&A advisory) following the €17 billion September 2025 acquisition of Mediobanca, and wealth management services for high-net-worth individuals. The bank operates active capital markets franchises issuing covered bonds, senior preferred bonds, ESG-labeled bonds, certificates, and structured products to institutional investors under multiple debt programmes (EMTN, MPS Covered Bond Programme, MPS Covered Bond 2 Programme).
Is Banca Monte dei Paschi di Siena a public or private company?
Banca Monte dei Paschi di Siena is a public company. It is classified as public and is currently operating.
When was Banca Monte dei Paschi di Siena founded?
Banca Monte dei Paschi di Siena was founded in 1472. It employs 5,001 to 10,000 people.
Where is Banca Monte dei Paschi di Siena based?
Banca Monte dei Paschi di Siena is headquartered in Siena, Italy, in the Europe region.
How does Banca Monte dei Paschi di Siena make money?
Five revenue lines are on record. Retail Banking is the primary driver. The others are corporate and Investment Banking, wealth Management, capital Markets (Bond Issuance) and insurance Holdings.
Who are Banca Monte dei Paschi di Siena's main competitors?
Direct peers on record are Intesa Sanpaolo, Credito Emiliano (Credem), Banco BPM, BPER Banca, UniCredit and Banca Mediolanum. Broad incumbents are BNP Paribas, Mediobanca and Deutsche Bank. Cassa Depositi e Prestiti (CDP) is listed as an others.
Does Banca Monte dei Paschi di Siena have an API?
No public API is recorded for Banca Monte dei Paschi di Siena.
What industry is Banca Monte dei Paschi di Siena in?
Banca Monte dei Paschi di Siena's product category is Retail Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 522110 and its SIC code is 6029.