FinecoBank jumps as Barclays ups to 'overweight'

FinecoBank

29/10/2025 09:00

** FinecoBank shares FBK.MI rise as much as 3.1% after Barclays upgrades to "overweight" from "equal-weight", citing interest rate scenario, ETF and AI opportunities ahead of the Italian bank's first-ever business plan

** Says the low deposits remuneration makes current rate environment "the sweet spot" for Fineco's business model

** Adds the fintech bank's platform model is best positioned to capture the accelerating structural changes in Italy and hints on a possible expansion in Germany

** Says Fineco's business plan, due in Q1 2026, might help quantify the impact of these projects both revenue and costs

** The brokerage's new price target is 25 euros ($29,16) per share, up 21%

** By 0842 GMT the Milan-based lender trades up 2.4% at 19.69 euros, while it has gained around 17% YTD​​

 ($1 = 0.8575 euros)

 (Reporting by Romolo Tosiani)

 ((romolo.tosiani@tr.com))