BPER Banca SpAWBO:BPE +0.11%55 Return-on-Tangible-Equity is 9.32% as of Dec. 2025, which is 1% above its 10-year median of 9.23. GuruFocus rates WBO:BPE with a GF Score™ of 55/100 and a GF Value™ of €5.03 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,521 Banks companies, BPER Banca SpA ranks better than 70.55% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. BPER Banca SpA's annualized net income for the quarter that ended in Dec. 2025 was €1,360 Mil. BPER Banca SpA's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €14,584 Mil. Therefore, BPER Banca SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 9.32%.
The historical rank and industry rank for BPER Banca SpA's Return-on-Tangible-Equity or its related term are showing as below:
WBO:BPE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.32 Med: 9.23 Max: 21.29
Current: 14.26
During the past 13 years, BPER Banca SpA's highest Return-on-Tangible-Equity was 21.29%. The lowest was 0.32%. And the median was 9.23%.
WBO:BPE's Return-on-Tangible-Equity is ranked better than 70.55% of 1521
companies
in the Banks industry
Industry Median: 11.19
vs WBO:BPE: 14.26
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
BPER Banca SpA Return-on-Tangible-Equity Related Terms
BPER Banca SpA Return-on-Tangible-Equity Historical Data
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The historical data trend for BPER Banca SpA's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Banks - Regional subindustry, BPER Banca SpA's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
BPER Banca SpA Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, BPER Banca SpA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where BPER Banca SpA's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 9.32% mean?
BPER Banca SpA (WBO:BPE) has a Return-on-Tangible-Equity of 9.32% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on BPER Banca SpA and its competitors. This is near median its historical median of 9.23. Over the past decade, BPER Banca SpA's Return-on-Tangible-Equity has ranged from 0.32 to 21.29. According to the industry distribution chart, BPER Banca SpA ranks #448 out of 1521 companies in the Banks industry, placing it in the top 29.5%.
Is BPER Banca SpA's Return-on-Tangible-Equity too high?
BPER Banca SpA's current Return-on-Tangible-Equity of 9.32% is near median its 10-year median of 9.23. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 21.29. The Banks industry median Return-on-Tangible-Equity is 11.19. BPER Banca SpA's value of 9.32% is 16.7% below this industry median. Based on the distribution chart, BPER Banca SpA ranks #448 out of 1521 companies in the Banks industry, which is above the industry midpoint. Overall, BPER Banca SpA has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BPER Banca SpA's Return-on-Tangible-Equity compare to competitors?
According to the Banks industry distribution chart, BPER Banca SpA ranks #448 out of 1521 companies for Return-on-Tangible-Equity. This puts BPER Banca SpA in the upper half of its industry. The industry median Return-on-Tangible-Equity is 11.19. BPER Banca SpA's value of 9.32% is 16.7% below this benchmark. Historically, BPER Banca SpA's own Return-on-Tangible-Equity has ranged from 0.32 to 21.29 over the past decade. While the company's 10-year median is 9.23 vs. the industry median of 11.19, BPER Banca SpA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.19, based on 1,521 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BPER Banca SpA's current Return-on-Tangible-Equity of 9.32% is 16.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on BPER Banca SpA and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BPER Banca SpA's current Return-on-Tangible-Equity is 9.32%, which is near median its own 10-year median of 9.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BPER Banca SpA stock overvalued right now?
Based on GuruFocus' analysis, BPER Banca SpA (WBO:BPE) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.03, compared to a current price of €14.00 — trading 178.3% above its estimated fair value. The current Return-on-Tangible-Equity is 9.32%, which is near median its 10-year median of 9.23 and 16.7% below the Banks industry median of 11.19. BPER Banca SpA's overall GF Score™ is 55/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For BPER Banca SpA (WBO:BPE), the current Return-on-Tangible-Equity is 9.32% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is BPER Banca SpA (WBO:BPE) Overvalued in 2026?
Based on GuruFocus' analysis, BPER Banca SpA stock appears to be overvalued.
The current stock price of €14.00 is trading 178.3% above its estimated GF Value™ of €5.03.
GuruFocus considers BPER Banca SpA to be Significantly Overvalued.
Key valuation signals for WBO:BPE:
Return-on-Tangible-Equity: 9.32% (near median its 10-year median of 9.23)
GF Value™: €5.03 vs. price of €14.00 (178.3% above fair value)
Industry Position: 16.7% below the Banks median (#448 of 1521)
No single metric tells the full story. See the WBO:BPE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BPER Banca SpA is a banking group consisting of four Italian regional commercial banks that merged on the initiative of BPER Banca. The banks are involved in a number of market segments, including retail banking, corporate and investment banking, and wealth management and insurance. In addition to the banks, the Group includes product companies, including asset management, personal loans, leasing, and factoring operations, and special purpose vehicles. Its strategy emphasizes customer service and cooperative banking. BPER group's customer base overwhelming derives from retail banking, mostly from individuals with some business deposits. Its loan base, however, is principally the group's corporate customers.
55GF Score
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