BPER Banca

Retail Bankingbper.it

BPER Banca is Italy's third-largest banking group, providing retail, SME, corporate, public administration, and wealth management services through a nationwide branch network, digital platforms, and a financial advisor network, with €98.6 billion in deposits and €94.7 billion in loans at end-2025.

Company typePublic
Founded1867
HeadquartersModena, Italy
Headcount5,001–10,000
GTM typeB2B and B2C
OfferingServices

What BPER Banca does

BPER Banca S.p.A. is Italy's third-largest banking group, headquartered in Modena and listed on the Milan Stock Exchange under the ticker BPER. The bank traces its origins to Banca Popolare dell'Emilia Romagna, founded in 1867, and today serves millions of retail, SME, corporate, public administration, and wealth management clients across Italy through a combined physical branch network, digital banking platforms (Smart Web internet banking and mobile apps), a financial advisor network (BPER Financial Advisors), and dedicated corporate relationship managers.

The product portfolio spans current accounts (Conto Privati, Conto Business), mortgages, personal loans, payment cards including co-branded sports cards with Inter Milan, SSC Napoli, and Palermo FC, time deposits, online trading, and insurance products. Corporate and public-sector offerings include corporate banking (Smart C.B.I), treasury services (TesoWay with PagoPA, SPID, SIOPE+, and Aruba digital signature integration), and international banking. Wealth management includes mutual funds, the multi-manager BPER International Sicav, discretionary portfolio management through BPER Banca Private Cesare Ponti, and an open-architecture investment platform partnering with global asset managers such as BlackRock, JP Morgan Asset Management, UBS, Morgan Stanley, Pictet, M&G, Janus Henderson, and Nordea.

Revenue is generated primarily through net interest income (approximately 65% of 2025 revenues, supported by a €98.6 billion deposit base funding €94.7 billion of loans), supplemented by transaction and service fees from accounts, payments, and wealth management, and by trading income from financial markets. The bank is undergoing significant transformation: in November 2025 BPER announced the absorption of Banca Popolare di Sondrio, and in June 2026 Unipol agreed to merge 635 Monte dei Paschi di Siena branches into BPER, targeting creation of Italy's second-largest banking group with a combined market capitalization of approximately €126 billion. These moves run alongside a €750 million ECB-approved share buyback, an 800-exit, 650-hire generational restructuring plan, and renewed green financing origination in the renewable energy vertical.

BPER Banca firmographics

Firmographics

Name: BPER Banca
Legal name: BPER Banca S.p.A.
Website: https://bper.it
Company type: Public
Founded year: 1867
Operating status: Operating
Headcount range: 5,001–10,000 employees
Short description: BPER Banca is Italy's third-largest banking group, providing retail, SME, corporate, public administration, and wealth management services through a nationwide branch network, digital platforms, and a financial advisor network, with €98.6 billion in deposits and €94.7 billion in loans at end-2025.
Ownership category
akta.pro rank

BPER Banca industry classification

Industry

Product category: Retail Banking
NAICS: Commercial Banking (52211), Depository Credit Intermediation (5221), Portfolio Management and Investment Advice (523940)
SIC: State Commercial Banks (6022)
akta.pro primary industry: Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
akta.pro secondary industries: Account Opening, KYC/AML & Customer Due Diligence (CDD/EDD) (FSABALAA), Loan Operations & Servicing (Consumer/SME/Corporate) (FSABALAD)

Keywords

Retail banking
Corporate banking
Wealth management
Mortgage lending
Treasury services

Where BPER Banca is headquartered

Location

Headquarters

HQ city: Modena
HQ country: Italy
HQ region: Europe

Offices1 record

Markets served

BPER Banca business model

Business model

GTM type: B2B and B2C
Offering type: Services
Cost components: Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

Net Interest Income: Interest income from lending activities minus interest paid on deposits, representing approximately 65% of 2025 revenues. BPER has a €30 billion deposit base and €94.7 billion in loans.
Fee and Commission Income: Fees from account management, payment services, wealth management, and other banking services
Asset Management and Wealth Management: Management fees from investment funds, portfolio management, and financial advisory services through BPER International Sicav and BPER Banca Private Cesare Ponti
Trading and Financial Markets: Income from proprietary trading, securities trading, and financial market operations

Pricing tiers

Model	Billing	Price
Subscription	Monthly	Conto Privati Piano Light - Free current account for retail customers
Subscription	Monthly	Conto Business Piano Light - Business current account
Usage-based	Monthly	Mutui (Mortgages) - Fixed rate mortgage promotion
Usage-based	Monthly	Prestiti Personali (Personal Loans) - Promotional rates for existing customers
Subscription	Multi-year contract	DiPiù Deposito Vincolato - Fixed term deposit

Go-to-market motion3 records

Distribution channels6 records

Marketing channels6 records

BPER Banca product offering

Product offering

Core offering

BPER Banca provides universal banking services including retail current accounts (Conto Privati/Conto Business), mortgages, personal loans, and payment cards to individual consumers and SMEs. The Corporate & Investment Banking division delivers corporate lending, syndicated loans, trade finance, treasury management (TesoWay), and PagoPA-integrated payments for businesses and Public Administration. The Wealth Management division offers portfolio management (BPER Banca Private Cesare Ponti), mutual funds and the BPER International Sicav, and financial advisory services through the BPER Financial Advisors network for high-net-worth clients.

Product overview

BPER Banca is a major Italian banking group offering a comprehensive suite of banking and financial services. The product portfolio is organized across three main customer segments: retail customers (Privati), businesses and professionals (Imprese e Professionisti), and wealth management clients. Retail offerings include current accounts (Conto Privati and Conto Business), mortgages, personal loans, payment cards including co-branded sports team cards, and online banking (Smart Web). Corporate services encompass corporate banking, treasury management (TesoWay), and payment services including PagoPA integration. The Wealth Management division provides investment services through mutual funds (including BPER International Sicav), discretionary portfolio management (Gestioni Patrimoniali), and financial advisory services via BPER Financial Advisors. Digital channels include Internet Banking, Corporate Banking, and mobile applications. The bank operates a network of branches supplemented by digital-first products with promotional pricing.

Differentiator

Problem solved

Functional benefit

Products and services

Conto Privati (Conto OnDemand) Digital current account for individual (retail) customers with zero promotional monthly fee, including a debit card, free withdrawals at BPER ATMs and free online SEPA transfers.
Conto Business (Conto OnDemand Business) Digital business current account for SMEs, freelancers and professionals, with a promotional €9.90/month fee (€28/month standard) that includes a business debit card, free ATM withdrawals at BPER machines, F23/F24 tax payment services and SDD direct debits.
Mutui (Mortgages) Fixed and variable rate residential mortgage products for retail customers, with promotional campaigns offering discounted conditions applied online or in branch.
Prestiti Personali (Personal Loans) Personal loan product for retail customers with promotional fixed TAN rates for existing customers, online processing and waived administrative fees.
Carte (Payment Cards) Debit and credit cards for retail customers, including co-branded fan cards issued in partnership with Inter Milan, SSC Napoli and Palermo, offered with zero annual fees and exclusive fan experiences.
Servizio DiPiù (Fixed-Term Deposit) Time deposit product offering up to 3.30% gross annual interest for 6 months on new liquidity, with multiple term options available.
Smart Web (Internet Banking) Online banking platform for retail customers that enables account management, transfers, bill payments and real-time transaction monitoring.
Trading Online Online trading platform for retail customers enabling trading of securities, stocks, bonds and other financial instruments through web and mobile access.
TesoWay (Public Administration Treasury Platform) Treasury management service that enables Italian Public Administration entities to comply with electronic ordering requirements (Ordinativo Informatico, OIL and OPI standards) via SPID authentication, automatic digital preservation, PagoPA integration and SIOPE+ cash-flow reporting.
Smart C.B.I (Corporate Internet Banking) Corporate internet banking platform providing business customers with advanced cash management, payment initiation and transaction services.
BPER PagoPA (Electronic Payment Platform) Electronic payment platform that allows Public Administrations to manage debtor positions and payment notices through the Italian pagoPA system, with automatic reconciliation of collections.
Fondi Comuni d'Investimento (Mutual Funds) Collective investment vehicles managed by specialized asset management companies (SGRs) such as Arca Fondi SGR with ESG integration, accessible from €100 via systematic investment plans (PAC).
BPER International Sicav Multi-manager investment company (Luxembourg-domiciled SICAV) offering open-architecture solutions that select best-in-class national and international asset managers.
Gestioni Patrimoniali (Discretionary Portfolio Management) Discretionary portfolio management service run by BPER Banca Private Cesare Ponti, offering personalized investment portfolios based on client risk profiles with strategy lines including Core Multiasset, ESG, GTA and Satellite.
BPER Financial Advisors Network of financial advisors providing personalized financial consulting and tailored financial planning services across Italy, operating in synergy with a leading insurance partner.
Wealth Management (Personal and Private Banking division) Comprehensive wealth management division offering Personal Banking, Private Banking, BPER Financial Advisors, discretionary portfolio management, mutual funds, SICAVs and Evoluta advisory services for clients with complex financial needs.

Quantifiable outcome

Consolidated net profit of €1.88 billion in 2025, representing 60% year-on-year increase
+3 more outcomes

Companies that use BPER Banca

Customer profile

Named customers7 records

Segments6 records

Ideal customer profiles5 records

BPER Banca technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Integration5 records

Feature6 records

BPER Banca partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core, strategic and minor.

UnipolcoreStrategic or Co-development Partner · 8 June 2026Intesa Sanpaolo agreed to sell 635 MPS branches and MPS brand to Unipol for up to €3.5 billion. Unipol plans to combine these assets with BPER Banca to create a major banking entity operating under the MPS brand, forming Italy's second-largest banking group with €126 billion market capitalization.
doValuestrategicStrategic or Co-development Partner · 26 February 2026BPER Group expanded its strategic partnership with doValue, Italy's largest non-performing loan servicer. doValue reported near-quadrupled net profit to €25.3 million in 2025 and operates the Lounge fund in partnership with Gardant Investor SGR.
BKWminorOthers · 13 January 2026Swiss energy group BKW provided long-term power purchase agreements for Zelestra's solar projects financed by BPER, ensuring revenue stability for the projects.
Arca Fondi SGRcoreTechnology or IntegrationArca Fondi SGR is a key investment fund partner offering ESG-integrated investment products through BPER's wealth management platform. Arca has integrated ESG criteria into investment processes for risk assessment alongside financial analysis.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

BPER Banca competitors and assessment

Company assessment

Direct peers

FinecoBank: Italian universal bank with a strong digital brokerage, private banking, and asset-management focus. Peer on wealth/investment products and digital-first retail banking.
Mediobanca: Italian bank specializing in corporate/investment banking, private banking, and wealth management. Comparable to BPER's corporate banking division and the BPER Banca Private Cesare Ponti franchise.
Banca Mediolanum: Italian bank and asset manager focused on advisor-led retail and wealth management. Comparable to BPER's Financial Advisors network and BPER International Sicav open-architecture offering.
Credito Emiliano (Credem): Mid-sized Italian banking group with retail, corporate, private banking, and asset management. Directly comparable mid-market Italian bank with similar product breadth and regional distribution.
Monte dei Paschi di Siena: Historic Italian bank whose 635 branches and brand are being combined with BPER via Unipol. Peer on retail/SME banking in Italy; comparable deposit and loan franchises in tier-2/tier-3 Italian markets.
Banco BPM: Italy's third-largest banking group (alongside BPER), offering similar retail, SME, corporate, and private banking services, headquartered in Italy. Co-lender with BPER in the Goglio, Moncada Energy, and other syndicated deals.

Regional players

CaixaBank: Large Spanish universal bank with retail, corporate, and wealth management across Iberia. Comparable diversified European mid-tier banking peer — relevant analogue for BPER's business-mix and post-integration trajectory rather than direct competitor.

Broad incumbents

UniCredit: Italy's largest banking group by assets, offering retail, corporate, and investment banking across Italy and Europe. Directly comparable to BPER on retail/corporate lending, deposits, and wealth management, though materially larger and pan-European.
Intesa Sanpaolo: Italy's largest retail/corporate bank and BPER's primary domestic competitor; overlaps completely across retail accounts, mortgages, corporate lending, asset management, and insurance. Counterparty in the MPS branch transaction and in BPER-led syndicated loans.

Emerging players

Illimity Bank: Digital-native Italian bank focused on SME lending, NPL servicing, and corporate finance. Comparable in the Italian SME and corporate-banking segment, though with a digital-only model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

BPER Banca compliance and trust

Trust signal

Compliance7 records

BPER Banca financial estimates

Financial estimate

Revenue estimate

Valuation estimate

BPER Banca leadership team

Management profile

Number of profiles

Profiles1 record

BPER Banca subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

BPER Banca funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

BPER Banca M&A and investment

M&A and investment

M&A1 record

Investments36 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BPER Banca

What does BPER Banca do?

Is BPER Banca a public or private company?

BPER Banca is a public company. It is classified as public and is currently operating.

When was BPER Banca founded?

BPER Banca was founded in 1867. It employs 5,001 to 10,000 people.

Where is BPER Banca based?

BPER Banca is headquartered in Modena, Italy, in the Europe region.

How does BPER Banca make money?

Four revenue lines are on record. Net Interest Income is the primary driver. The others are fee and Commission Income, asset Management and Wealth Management and trading and Financial Markets.

Who are BPER Banca's main competitors?

Direct peers on record are FinecoBank, Mediobanca, Banca Mediolanum, Credito Emiliano (Credem), Monte dei Paschi di Siena and Banco BPM. CaixaBank is listed as a regional player. Broad incumbents are UniCredit and Intesa Sanpaolo. Illimity Bank is listed as an emerging player.

Does BPER Banca have an API?

No public API is recorded for BPER Banca.

What industry is BPER Banca in?

BPER Banca's product category is Retail Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABALAA, Account Opening, KYC/AML & Customer Due Diligence (CDD/EDD). Its NAICS code is 52211 and its SIC code is 6022.