Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
BFF.MI
SELLFLAGBFF Bank S.p.A. · Financial Services · Italy · $689M · Avg Vol: $29M/d
BFF is a European leader in factoring and managing receivables from public administrations. It has historically enjoyed high ROE and a strong niche moat, but recent regulatory interventions by the Bank of Italy regarding governance and classification of past-due exposures have introduced significant near-term tail risk.
COMPANY DESCRIPTION
BFF Bank S.p.A. is the leading independent specialty finance institution in Europe, focusing on factoring and managing receivables owed by public administrations. The bank's competitive moat is its proprietary database, deep regulatory expertise, and low-risk credit profile due to sovereign-backed debtors. BFF Bank operates as a highly profitable, niche market leader with a unique, capital-efficient business model.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 474.7M | 500.6M | 456.7M | 432.5M | -3.1% |
| EPS | 1.44 | 1.05 | 1.31 | 0.42 | -33.4% |
| Shares | 185.5M | 186.9M | 188.3M | 188.8M | +1.8% |
| Debt | 277.6M | 277.3M | 858.0M | 901.4M | 48.1% |
| Equity | 867.7M | 867.7M | 982.5M | 1.0B | 5.4% |
| Op CF | 178.8M | -211.4M | 47.5M | -20.1M | -48.5% |
| Inv CF | -38.2M | -36.2M | -50.5M | -13.6M | — |
| Fin CF | -50.1M | -185.5M | -115.7M | 0 | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of BFF.MI are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| BFF.MI | BFF Bank S.p.A.(you) | $689M | 23 | SELL |
| MOL.MI | Moltiply Group S.p.A. | $1.5B | 30 | SELL |
| DOV.MI | doValue S.p.A. | $492M | 42 | HOLD |
| TIP.MI | Tamburi Investment Partners S.p.A. | $1.6B | 13 | STRONG SELL |
| IF.MI | Banca IFIS S.p.A. | $1.5B | 35 | HOLD |
| PRO.MI | Banca Profilo S.p.A. | $123M | 25 | SELL |
| BST.MI | Banca Sistema S.p.A. | $153M | 36 | HOLD |
| EQUI.MI | Equita Group S.p.A. | $353M | 55 | HOLD |
| BDB.MI | Banco di Desio e della Brianza S.p.A. | $1.8B | 66 | BUY |
| CE.MI | Credito Emiliano S.p.A. | $6.6B | 53 | HOLD |
Peer medians: ROE 13.7% · P/E 10.7x · Gross margin 0.0%