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Italian bank and financial advisory network offering banking, asset management and insurance products, founded by the Berlusconi/Doris families.
Italian bank and financial advisory network offering banking, asset management and insurance products, founded by the Berlusconi/Doris families.
Sells banking, investment and insurance products to the same clients through a large network of tied advisors called Family Bankers, who are paid commissions on the business they bring and handle most customer contact, so branches matter less. Fees on fund and insurance assets are a main earnings source, with interest income on deposits and loans alongside.
Moat: narrow (distribution, brand). Large proprietary financial advisor network built over decades drives client acquisition and retention.
Headquarters: Basiglio, Italy · Founded: 1982 · Employees: 4,042
Size Banca Mediolanum (BMED.MI) is an Italy Financials company (Major Banks) with a market value of $19.1B, the 18th largest of 123 Italy companies the cockpit tracks. Shares closed at €23.06 on 6 Nov 2026.
Performance Over six months the shares gained 16.7%, against +3.8% for the median peer and +3.1% for the Italy market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue fell 33.5% over the last twelve months (peer median +3.4%); the operating margin is 44.3% (peer median 38.1%).
Valuation It trades at 3.73× book value against a peer median of 1.40× (2nd most expensive of 21).
Price implies The share price implies a return on equity of about 35.6%; Banca Mediolanum delivers 30.1%, so the price asks more than the business earns today.
Credit Banca Mediolanum has 1 bond outstanding ($557M), rated BBB+ by the agencies.
Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €3.17B | €4.31B | €4.33B | €3.56B | €5.16B |
| Revenue growth | — | 0% | +21% | -31% | — |
| Net income | €1.32B | €1.24B | €1.12B | €822M | €507M |
| Free cash flow | n/a | €5.10B | €3.51B | -€76.1M | €2.86B |
| Capital expenditure | n/a | €43.5M | €56.5M | €52.3M | €59.5M |
| Total debt | €5.19B | €3.02B | €6.93B | €8.63B | €9.70B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Banca Mediolanum BMED.MI | $19.1B | +17% | -34% | 30% | 3.73× | 35.6% |
| FinecoBank FBK.MI | $15.4B | +3% | +5% | 32% | 5.71× | 43.8% |
| Banca Generali BGN.MI | $7.73B | +4% | +17% | 39% | 4.91× | 38.7% |
| Intesa Sanpaolo ISP.MI | $120B | +6% | -6% | 16% | 1.81× | 20.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BMED.MI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.5% | +3.0% | 9th lowest of 21 |
| 6-month return | +16.7% | +3.8% | 5th highest of 21 |
| Return on equity | 30.1% | 11.6% | 2nd highest of 21 |
| Price / book | 3.73× | 1.40× | 2nd most expensive of 21 |
| Trailing P/E | 13.0× | 12.8× | 9th most expensive of 18 |
| ROE the price implies | 35.6% | 12.5% | 3rd most demanding of 21 |
| ROE delivered | 30.1% | 12.2% | 2nd highest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Banca Mediolanum BMED.MI | Italy | $19.1B | +17% | -34% | 30% | 3.73× | 35.6% | 30.1% |
| Banco de Sabadell SAB.MC | Spain | $19.2B | +8% | -35% | 5% | 1.40× | 15.5% | 5.1% |
| Banco de Chile Sponsored ADR BCH | United States | $19.6B | +7% | +4% | 22% | 3.15× | 13.6% | 21.8% |
| First Financial 2892.TW | Taiwan | $17.8B | +44% | +5% | 11% | 1.95× | 5.8% | 10.9% |
| mBank MBK.WA | Poland | $17.7B | +37% | -1% | 19% | 3.05× | 37.6% | 19.1% |
| Banco Santander (Brasil) S.A. Sponsored ADR BSBR | United States | $17.4B | -20% | +18% | 10% | 2.10× | 12.6% | 10.2% |
| China Minsheng Banking 600016.SS | China | $21.3B | -8% | -10% | 4% | 0.26× | 1.6% | 4.5% |
| WooriFinancialGroup 316140.KS | South Korea | $17.0B | -5% | +37% | 10% | 0.71× | 4.8% | n/a |
| KeyCorp KEY | United States | $22.0B | -3% | +9% | 11% | 1.39× | 13.1% | 11.2% |
| Hanafinancialgr 086790.KS | South Korea | $22.5B | -7% | +39% | 10% | 0.79× | 5.3% | n/a |
| Banco BPM BAMI.MI | Italy | $22.8B | +1% | -4% | 12% | 1.30× | 13.5% | 12.5% |
| Bank of Nanjing 601009.SS | China | $22.8B | +5% | +6% | 12% | 0.77× | 2.8% | 11.9% |
| Hua Xia Bank 600015.SS | China | $15.7B | -5% | -1% | 8% | 0.32× | 1.8% | 7.6% |
| Punjab National Bank PNB.NS | India | $15.4B | +16% | +3% | 15% | 0.90× | 17.0% | 15.1% |
| FinecoBank FBK.MI | Italy | $15.4B | +3% | +5% | 32% | 5.71× | 43.8% | 32.3% |
| Mega Financial 2886.TW | Taiwan | $24.0B | +37% | +1% | 10% | 1.97× | 5.9% | 10.0% |
| Union Bank of India UNIONBANK.NS | India | $15.1B | +12% | 0% | 16% | 0.99× | 16.4% | 16.3% |
| Regions Financial RF | United States | $24.1B | +2% | +1% | 12% | 1.46× | 13.2% | 12.4% |
| Bankinter BKT.MC | Spain | $14.5B | +4% | 0% | 18% | 1.87× | 12.4% | 17.6% |
| E Sun Financial 2884.TW | Taiwan | $25.2B | +55% | +36% | 15% | 2.70× | 7.6% | 14.7% |
| Citizens Financial CFG | United States | $26.5B | -1% | +4% | 9% | 1.16× | 11.5% | 8.9% |
Banca Mediolanum has 1 bond outstanding with $557M face value. The agencies rate it BBB+.