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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Banco BPM SpA's selling, general, & admin. expense for the
three
months ended in Dec. 2025 was €164 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was €884 Mil.
Banco BPM SpA (CHIX:BAMIm) Selling, General, & Admin. Expense Explanation
An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.
Warren Buffett likes companies with consistent SGA as the percentage of gross profit.
Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.
If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.
Banco BPM SpA Selling, General, & Admin. Expense Related Terms
Banco BPM SpA Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Banco BPM SpA's Selling, General, & Admin. Expense 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.
Banco BPM SpA Selling, General, & Admin. Expense Chart
Banco BPM SpA Selling, General, & Admin. Expense Competitor Comparison
For the Banks - Regional subindustry, Banco BPM SpA's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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.
Banco BPM SpA Selling, General, & Admin. Expense vs Banks Industry
For the Banks industry and Financial Services sector, Banco BPM SpA's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Banco BPM SpA's Selling, General, & Admin. Expense falls into.
Banco BPM SpA Selling, General, & Admin. Expense Calculation
Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.
Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €884 Mil.
* 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.
What does a Selling, General, & Admin. Expense of €884 Mil mean?
Banco BPM SpA (CHIX:BAMIM) has a Selling, General, & Admin. Expense of €884 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Banco BPM SpA and its competitors.
Is Banco BPM SpA's Selling, General, & Admin. Expense too high?
Banco BPM SpA's current Selling, General, & Admin. Expense is €884 Mil. Overall, Banco BPM SpA has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco BPM SpA's Selling, General, & Admin. Expense compare to competitors?
Banco BPM SpA's Selling, General, & Admin. Expense of €884 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Banks company?
A good Selling, General, & Admin. Expense depends on the Banks industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Banco BPM SpA and its competitors. Banco BPM SpA's current Selling, General, & Admin. Expense is €884 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco BPM SpA stock overvalued right now?
Based on GuruFocus' analysis, Banco BPM SpA (CHIX:BAMIM) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.42, compared to a current price of €15.62 — trading 110.5% above its estimated fair value. The current Selling, General, & Admin. Expense is €884 Mil. Banco BPM SpA's overall GF Score™ is 59/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Banco BPM SpA (CHIX:BAMIM), the current Selling, General, & Admin. Expense is €884 Mil 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 Banco BPM SpA (CHIX:BAMIM) Overvalued in 2026?
Based on GuruFocus' analysis, Banco BPM SpA stock appears to be overvalued.
The current stock price of €15.62 is trading 110.5% above its estimated GF Value™ of €7.42.
GuruFocus considers Banco BPM SpA to be Significantly Overvalued.
Key valuation signals for CHIX:BAMIM:
Selling, General, & Admin. Expense: €884 Mil
GF Value™: €7.42 vs. price of €15.62 (110.5% above fair value)
No single metric tells the full story. See the CHIX:BAMIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banco BPM SpA is a financial services provider. It offers services including retail banking, corporate banking and private and investment banking/asset management.
59GF Score
Get the complete analysis for CHIX:BAMIM
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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