BPER upgrades 2028 goals, targeting €7.5 billion shareholder payouts

Bper Banca SpA

06/08/2026 06:39

MILAN, Aug 6 (Reuters) - BPER Banca EMII.MI on Thursday unveiled upgraded targets through 2028, forecasting a net profit of around € 2.7 billion as the lender seeks to capitalise on the integration of Banca Popolare di Sondrio and expand higher-fee businesses. 
     The bank said it plans cumulative shareholder distributions of around € 7.5 billion over 2025-2028, through cash dividends and share buybacks, with an overall payout ratio of at least 85%, subject to targets and regulatory approvals.
Separately BPER reported first-half ordinary net profit of  € 1.33 billion, up 14.7% year-on-year on a restated basis, and said it had improved its full-year 2026 guidance for net interest income and cost/income.
BPER, Italy's fifth-largest bank, stands to be a key beneficiary of Intesa Sanpaolo's ISP.MI € 30.6-billion bid for Monte dei Paschi di Siena (MPS), significantly expanding its retail footprint in the Italian market.
Intesa said that if its bid succeeds, it would sell 635 MPS branches, most of the lender's central operations and the historic MPS brand to BPER's largest shareholder Unipol UNPI.MI, for them to be merged into BPER.


 (Reporting by Andrea Mandalà, editing by Alvise Armellini)
 ((andrea.mandala@thomsonreuters.com; +390680307738;))