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Italian digital bank and brokerage offering banking, trading and financial advisory services, spun off from UniCredit.
Italian digital bank and brokerage offering banking, trading and financial advisory services, spun off from UniCredit.
Earns from three sources: commissions on clients' share, derivatives and bond trades, interest on the cash balances clients keep with the bank, and fees from advisory and managed investments sold through its advisors. Running everything on one in-house platform keeps costs per client low, so growth depends on adding customers and assets.
Moat: narrow (cost advantage, brand, distribution). Low-cost digital banking/brokerage platform plus a large financial advisor network for wealth management.
Headquarters: Milan, Italy · Founded: 1999 · Employees: 1,529
Size FinecoBank (FBK.MI) is an Italy Financials company (Major Banks) with a market value of $15.4B, the 19th largest of 123 Italy companies the cockpit tracks. Shares closed at €22.38 on 6 Nov 2026.
Performance Over six months the shares gained 3.5%, against +0.8% for the median peer and +3.1% for the Italy market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue grew 5.0% over the last twelve months (peer median +0.8%); the operating margin is 50.2% (peer median 38.2%).
Valuation It trades at 5.71× book value against a peer median of 1.15× (most expensive of 21).
Price implies The share price implies a return on equity of about 43.8%; FinecoBank delivers 32.3%, so the price asks more than the business earns today.
Credit FinecoBank has 3 bonds outstanding ($1.45B), rated BBB+ by the agencies.
Next results Next results expected around 9 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €2.04B | €1.95B | €1.95B | €1.79B | €1.40B |
| Revenue growth | — | 0% | +9% | +28% | — |
| Net income | €670M | €647M | €652M | €609M | €429M |
| Free cash flow | €1.19B | €953M | €884M | €720M | €14.3M |
| Capital expenditure | €22.5M | €17.4M | €18.6M | €15.6M | €13.4M |
| Total debt | n/a | €1.64B | €1.16B | €1.06B | €1.55B |
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 |
|---|---|---|---|---|---|---|
| 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% |
| Banca Mediolanum BMED.MI | $19.1B | +17% | -34% | 30% | 3.73× | 35.6% |
| 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 | FBK.MI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +6.5% | +3.1% | 7th highest of 21 |
| 6-month return | +3.5% | +0.8% | 10th highest of 21 |
| Return on equity | 32.3% | 11.5% | highest of 21 |
| Price / book | 5.71× | 1.15× | most expensive of 21 |
| Trailing P/E | 20.5× | 9.2× | most expensive of 18 |
| ROE the price implies | 43.8% | 13.1% | most demanding of 21 |
| ROE delivered | 32.3% | 12.2% | highest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| FinecoBank FBK.MI | Italy | $15.4B | +3% | +5% | 32% | 5.71× | 43.8% | 32.3% |
| Punjab National Bank PNB.NS | India | $15.4B | +16% | +3% | 15% | 0.90× | 17.0% | 15.1% |
| Union Bank of India UNIONBANK.NS | India | $15.1B | +12% | 0% | 16% | 0.99× | 16.4% | 16.3% |
| Hua Xia Bank 600015.SS | China | $15.7B | -5% | -1% | 8% | 0.32× | 1.8% | 7.6% |
| Bankinter BKT.MC | Spain | $14.5B | +4% | 0% | 18% | 1.87× | 12.4% | 17.6% |
| WooriFinancialGroup 316140.KS | South Korea | $17.0B | -5% | +37% | 10% | 0.71× | 4.8% | n/a |
| Bank of Baroda BANKBARODA.NS | India | $13.7B | -7% | +8% | 12% | 0.74× | 13.2% | 11.8% |
| Banco Santander (Brasil) S.A. Sponsored ADR BSBR | United States | $17.4B | -20% | +18% | 10% | 2.10× | 12.6% | 10.2% |
| mBank MBK.WA | Poland | $17.7B | +37% | -1% | 19% | 3.05× | 37.6% | 19.1% |
| First Financial 2892.TW | Taiwan | $17.8B | +44% | +5% | 11% | 1.95× | 5.8% | 10.9% |
| Shanghai Rural Commercial Bank 601825.SS | China | $13.1B | +1% | -8% | 10% | 0.65× | 2.5% | 9.6% |
| Indian Bank INDIANB.NS | India | $12.9B | +5% | +12% | 16% | 1.40× | 18.5% | 16.1% |
| 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% |
| Canara Bank CANBK.NS | India | $11.8B | -10% | -7% | 17% | 0.87× | 17.1% | 16.8% |
| China Zheshang Bank 2016.HK | Hong Kong | $11.5B | -3% | +1% | 7% | 0.31× | 3.9% | 7.3% |
| China Minsheng Banking 600016.SS | China | $21.3B | -8% | -10% | 4% | 0.26× | 1.6% | 4.5% |
| 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% |
FinecoBank has 3 bonds outstanding with $1.45B face value. The agencies rate it BBB+.