UBS picks FinecoBank over its unique business model, ups to 'Buy'

FinecoBank

17/02/2026 10:51

** UBS picks Italy's FinecoBank FBK.MI after last week the lender's stock tumbled along with many European peers as AI disruption jitters spread over into financial sector and lost 15% of its value

** UBS raises its price target by 25% to €23.80 ($28.19) and upgrades FinecoBank to "Buy" from "Neutral"

** Swiss brokerage points to sticky deposit base, accelerating client growth, competitive pricing and ability to integrate AI tools into its proprietary IT platform

** Fineco's diversified business model, combining digital banking with brokerage and asset management platforms, proved resilient against backdrop of normalizing interest rates in the eurozone

** By 1042 GMT, FBK up 0.9%, after rising as much as 1.7% at market opening

** Including Tuesday's rise, the stock has dropped by 13.56% YTD

** Out of 16 analysts covering, 12 rate it "strong buy" or "buy," ​four "hold" - data compiled by LSEG

($1 = 0.8442 euros)

(Reporting by Romolo Tosiani)

((Romolo.Tosiani@tr.com))