(Finance) – “The main pillars of BPER Banca’s new plan to 2027 are the unlock the value of our customers, improve and modernize the bank, and maintain as strong capital as we have today“. This was stated by the CEO of BPER, Gianni Franco Popeon the sidelines of the presentation of the new 2024-2027 Business Plan.
The plan includes a net profit cumulative of 4.3 billion euros in 2025-2027 (1.5 billion in 2027), a dividend cumulative cash of 3.2 billion euros in 2025-2027 (average payout ratio of approximately 75%), a ROTE above 16% in 2027 and a solid CET1 ratio, above 14.5% in 2027.
“We predicted very important investments, 650 million over the plan periodinvested in IT, artificial intelligence and resilience of the IT sector, so there are 650 million in addition to the 650 million that we have invested in the last three years”, said the CEO. The transformation path will be completed in 2027 and subsequently the CapEx will drop, reaching around 130 million euros per year.
“Today we presented our 2025-2027 plan, which is an organic growth plan and here I stop”, underlined Papa, who in the press conference recalled how the group has “just emerged from a season of dynamism on the national M&A front, we are consolidating, and we need time for this development project with the new plan, then we’ll see if the conditions are right in the future.”
“In short, a dividend payout ratio of 75% for the period 2025-2027 puts us at the top among banksas far as I know, as far as dividend payments are concerned”, underlined the banker.
During the press conference he excluded a buyback for the next 3 years, while the extraordinary meeting is scheduled for December to authorize the payment of interim dividends.