FCBBF (FinecoBank SpA) Selling, General, & Admin. Expense: $168 Mil (TTM As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FCBBF FinecoBank SpA FCBBF
79 GF Score
Price $25.63
GF Value $18.39
Valuation Significantly Overvalued
! 7 Warning Signs
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What is FinecoBank SpA Selling, General, & Admin. Expense?

FinecoBank SpA FCBBF 79 Selling, General, & Admin. Expense is $168 Mil as of Dec. 2025. GuruFocus rates FCBBF with a GF Score™ of 79/100 and a GF Value™ of $18.39 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. FinecoBank SpA's selling, general, & admin. expense for the three months ended in Dec. 2025 was $-41 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was $168 Mil.


FinecoBank SpA  (OTCPK:FCBBF) 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.


FinecoBank SpA Selling, General, & Admin. Expense Related Terms


FinecoBank SpA Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for FinecoBank 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.

FinecoBank SpA Selling, General, & Admin. Expense Chart

FinecoBank SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.12 105.31 113.03 130.18 153.21

FinecoBank SpA Quarterly Data
Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 106.47 -40.78 120.39 -40.82 129.40

FinecoBank SpA Selling, General, & Admin. Expense Competitor Comparison

For the Banks - Regional subindustry, FinecoBank 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.


FinecoBank SpA Selling, General, & Admin. Expense vs Banks Industry

For the Banks industry and Financial Services sector, FinecoBank SpA's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where FinecoBank SpA's Selling, General, & Admin. Expense falls into.


FCBBF
79GF Score
FinecoBank SpA FCBBF
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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FinecoBank 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 $168 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 $168 Mil mean?
FinecoBank SpA (FCBBF) has a Selling, General, & Admin. Expense of $168 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 FinecoBank SpA and its competitors.
Is FinecoBank SpA's Selling, General, & Admin. Expense too high?
FinecoBank SpA's current Selling, General, & Admin. Expense is $168 Mil. Overall, FinecoBank SpA has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FinecoBank SpA's Selling, General, & Admin. Expense compare to competitors?
FinecoBank SpA's Selling, General, & Admin. Expense of $168 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 FinecoBank SpA and its competitors. FinecoBank SpA's current Selling, General, & Admin. Expense is $168 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FinecoBank SpA stock overvalued right now?
Based on GuruFocus' analysis, FinecoBank SpA (FCBBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.39, compared to a current price of $25.63 — trading 39.4% above its estimated fair value. The current Selling, General, & Admin. Expense is $168 Mil. FinecoBank SpA's overall GF Score™ is 79/100 with 7 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 FinecoBank SpA (FCBBF), the current Selling, General, & Admin. Expense is $168 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 FinecoBank SpA (FCBBF) Overvalued in 2026?

Based on GuruFocus' analysis, FinecoBank SpA stock appears to be overvalued. The current stock price of $25.63 is trading 39.4% above its estimated GF Value™ of $18.39. GuruFocus considers FinecoBank SpA to be Significantly Overvalued.

Key valuation signals for FCBBF:

  • Selling, General, & Admin. Expense: $168 Mil
  • GF Value™: $18.39 vs. price of $25.63 (39.4% above fair value)
  • GF Score™: 79/100 with 7 warning signs

No single metric tells the full story. See the FCBBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FinecoBank SpA Business Description

Address Piazza Durante, 11, Milan, ITA, 20131
FinecoBank SpA is a FinTech bank based in Italy, offering its services through a network of personal financial advisors and online and mobile channels that operate in an integrated manner. The Group's offerings are divided into three product areas: Banking, Brokerage, and Investing. Maximum revenue is generated from Banking activities, which include current account services, payment services, and the issuance of debit, credit, and prepaid cards, mortgages, overdrafts, and personal loans. The Brokerage category offers order execution services on behalf of the customer, and trading access to CFDs, futures, options, bonds, ETFs, and certificates; and Investing includes the asset management activities of the Group, its investment advisory services, and various investment products offerings.
79GF Score

Get the complete analysis for FCBBF

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.63
Price
$18.39
GF Value