BPER sees 6.4 billion euros in revenue in 2025 after acquisition of rival Sondrio
06/11/2025 06:21
MILAN, Nov 6 (Reuters) - Italy's BPER EMII.MI said on Thursday it expected 2025 revenue to reach around 6.4 billion euros ($7.46 billion) after third-quarter net profit beat expectations, as Italy's fourth-largest bank reaped the first benefits of its recent acquisition of regional peer Banca Popolare di Sondrio BPSI.MI. The results to end-September are the first to include a full quarter's contribution from Banca Popolare di Sondrio after BPER completed its 5.4-billion-euro cash-and-share offer in July, a defensive move to cement its position amid accelerating consolidation in Italy's banking sector. ($1 = 0.8575 euros) (Reporting by Gianluca Semeraro, editing by Giulia Segreti) ((gianluca.semeraro@tr.com; +39 06 80 307 741;))
Recent news on Banca Popolare Di Sondrio SpA
See all newsItaly's BPER first-quarter profit beats forecast after merger with rival (updated)
Refile: Italy's Bper Q1 profit beats forecast on strong interest, fee income
Brief: Banca Popolare Di Sondrio, Nexi Completion Of Agreement Relating To Merchant Acquiring Activities
Brief: Pop Sondrio Operations To Be Included In BPER Accounts Starting From January 1, 2026
Brief: BPER, Pop Sondrio Merger To Be Effective As Of April 20