BPER Banca Reports 16.4% Profit Growth, Raises CET1 Target
BPER Banca reported ordinary net profit of €2 billion for the first nine months of 2026, up 16.4% year over year. It lowered its 2026 cost-of-risk guidance to below 35 basis points from 40 basis points and raised its CET1 ratio target to above 14.5%.
BPER Banca reported an ordinary net profit of €2 billion for the first nine months of 2026, representing a 16.4% increase compared to the same period in the previous year. Core revenue for the period grew by 3.5% to reach €5.37 billion. In conjunction with these results, the bank lowered its 2026 cost-of-risk guidance to below 35 basis points from a previous target of 40 basis points. Additionally, the bank raised its CET1 ratio target to above 14.5%.