BFF Bank SpA (FRA:2BF) Tax Expense: €25.3 Mil (TTM As of Mar. 2026)


FRA:2BF BFF Bank SpA FRA:2BF
63 GF Score
Price €3.09
GF Value €8.44
Valuation Possible Value Trap
! 4 Warning Signs
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What is BFF Bank SpA Tax Expense?

BFF Bank SpA FRA:2BF +5.32% 63 Tax Expense is €25.3 Mil as of Mar. 2026. GuruFocus rates FRA:2BF with a GF Score™ of 63/100 and a GF Value™ of €8.44 (Possible Value Trap). The stock has 4 warning signs investors should review.

BFF Bank SpA's tax expense for the months ended in Mar. 2026 was €21.6 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was €25.3 Mil.


BFF Bank SpA  (FRA:2BF) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


BFF Bank SpA Tax Expense Related Terms


BFF Bank SpA Tax Expense Historical Data

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The historical data trend for BFF Bank SpA's Tax 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.

BFF Bank SpA Tax Expense Chart

BFF Bank SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.71 99.15 63.34 87.83 17.15

BFF Bank SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax 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 13.41 12.94 15.30 -24.49 21.59
FRA:2BF
63GF Score
BFF Bank SpA FRA:2BF
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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BFF Bank SpA Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €25.3 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.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of €25.3 Mil mean?
BFF Bank SpA (FRA:2BF) has a Tax Expense of €25.3 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on BFF Bank SpA and its competitors.
Is BFF Bank SpA's Tax Expense too high?
BFF Bank SpA's current Tax Expense is €25.3 Mil. Overall, BFF Bank SpA has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BFF Bank SpA's Tax Expense compare to V and MA?
BFF Bank SpA's Tax Expense of €25.3 Mil can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for a Credit Services company?
A good Tax Expense depends on the Credit Services industry context. However, Tax 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 Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on BFF Bank SpA and its competitors. BFF Bank SpA's current Tax Expense is €25.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BFF Bank SpA stock overvalued right now?
Based on GuruFocus' analysis, BFF Bank SpA (FRA:2BF) is currently considered Possible Value Trap. The stock's GF Value™ is €8.44, compared to a current price of €3.09 — trading 63.4% below its estimated fair value. The current Tax Expense is €25.3 Mil. BFF Bank SpA's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For BFF Bank SpA (FRA:2BF), the current Tax Expense is €25.3 Mil as of Mar. 2026. 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 BFF Bank SpA (FRA:2BF) Overvalued in 2026?

Based on GuruFocus' analysis, BFF Bank SpA stock appears to be undervalued. The current stock price of €3.09 is trading 63.4% below its estimated GF Value™ of €8.44. GuruFocus considers BFF Bank SpA to be Possible Value Trap.

Key valuation signals for FRA:2BF:

  • Tax Expense: €25.3 Mil
  • GF Value™: €8.44 vs. price of €3.09 (63.4% below fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the FRA:2BF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BFF Bank SpA Business Description

Address Viale Lodovico Scarampo, 15, Milan, ITA, 20148
BFF Bank SpA is an independent specialty finance company engaged in three business units; Factoring & Lending BU, which offers products such as non-recourse factoring, lending, and credit management mainly to public sector suppliers and public administration bodies, Securities Services BU, which deals with custodian banking for investment funds and related services such as fund accounting, and transfer agents for national managers and banks and for various investment funds such as pension funds, mutual funds and alternative funds, and Payments BU, which deals with payment processing, corporate payments, and cheques and bills and has as customers medium-small Italian banks, medium-large companies and boasts a partnership with Nexi.
63GF Score

Get the complete analysis for FRA:2BF

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

€3.09
Price
€8.44
GF Value