(Tiper Stock Exchange) – BPM deskalbeit in a particularly pejorative Adverse scenario compared to the scenario adopted in the 2021 stress test exercise, has achieved better results over a homogeneous time horizon: in particular, in the previous year the Adverse scenario led to a fully loaded CET1 ratio post impacts of 7% at the end of 3 years (9% at the end of 3 years in 2023, +2 pp). This was stated by the institute led by Giuseppe Castagna after the dissemination of the results of the ECB and EBA stress tests.
The solidity demonstrated in the Baseline scenario, deriving from Banco BPM’s ability to generate value through its core business, and the resilience shown in the Adverse scenario, are confirmed by the following results, which are compared with a starting point of 12.8%1 in terms of CET 1 ratio fully loaded as at 31.12.2022: CET 1 ratio fully loaded post Stress Test impact Scenario baseline equal to 14.6% in 2023 (16.5% in 2024 and 17.4% in 2025); CET 1 ratio fully loaded post impact Stress Test Adverse scenario equal to 8.5% in 2023 (8.7% in 2024 and 9.0% in 2025).
“Both outcomes largely comply with the minimum regulatory requirements both in the Baseline and Adverse scenarios”, the bank points out.