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Banca Mediolanum S.p.A. (BNCDY) Stock Analysis

Educational signal · not a buy or sell recommendation · How to read this

$52.88 -$1.57 (-2.88%) |CouncilBullish Lean · 63 · B+
P/E Ratio: 13.24| Vol: 3| 52-wk range: $36.55 – $56.59

P/E 13.24 means the share price is 13.24 times one year of earnings per share; the S&P 500 usually sits near 20-25. Beta 0.74: the stock has moved about 26% less than the S&P 500.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Quick Answer

Banca Mediolanum S.p.A. (BNCDY) trades at $52.88. Banca Mediolanum S.p.A. is an Italian financial services company offering a range of banking, investment, and insurance products. Sector: Financial services.

Price as of Sep 11, 2026 · Last analyzed: Mar 17, 2026
Banca Mediolanum S.p.A. is an Italian financial services company offering a range of banking, investment, and insurance products. With a strong presence in Italy, the company focuses on providing personalized financial solutions to individuals and families.

Analyst Coverage for BNCDY: BNCDY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates BNCDY against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.

Watch the BNCDY film Every key number, told as a short cinematic story — just press play. ~2 min

No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.

Council Score · Weighted Average of 3 Disciplines
Bullish Lean 63/100 · B+

BNCDY: 2/2 scored disciplines lean bullish. Dominant signal: Ken Griffin bullish.

How is this calculated? →
Legends Council · 5 Legends + Moon AI

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated)Ray Dalio
Favorable read
Griffin-style lens (simulated)Ken Griffin
Favorable read
Simons-style lens (simulated)Jim Simons
Neutral read
Englander-style lens (simulated)Izzy Englander
Neutral read
Klarman-style lens (simulated)Seth Klarman
Unfavorable read
Moon AI lens (model)
Favorable read
Munger's Mindset · Balance Sheet & Valuation
Financial Health
Moderate
Margin of Safety
Fairly Valued
Council Score · Weighted Average of 3 Disciplines · See tabs for details →
The lenses are modelled on the published principles of the investors named. We are not affiliated with them, they have not endorsed this, and it is not their opinion of this stock.

Banca Mediolanum S.p.A. (BNCDY) Financial Services Profile

CEOMassimo Antonio Doris
Employees4,042
HeadquartersBasiglio, IT
IPO Year2016

Banca Mediolanum S.p.A., an Italian financial services provider, distinguishes itself through its integrated banking, investment, and insurance offerings. With a focus on personalized financial planning, the company serves individuals and families primarily in Italy, leveraging a high-touch advisory model and demonstrating strong profitability with a 39.8% profit margin.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 17, 2026

What Is the Investment Thesis for BNCDY?

AI-written as of Mar 17, 2026 — figures and tone reflect the data available then, not today's score.

The company's impressive 39.8% profit margin and 84.9% gross margin highlight its operational efficiency and pricing power. The dividend yield of 7.23% offers an attractive income stream for investors. Growth catalysts include expanding its advisory network and increasing penetration in the affluent segment. However, potential risks include regulatory changes in the Italian banking sector and increased competition from fintech companies. The company's beta of 0.74 suggests lower volatility compared to the overall market.

Based on FMP financials and quantitative analysis

BNCDY Key Highlights

AI-written as of Mar 17, 2026 — figures and tone reflect the data available then, not today's score.

Market capitalization of $59.32 billion, reflecting substantial investor confidence in the company's value and growth prospects.

  • P/E ratio of 13.24, indicating that the company's stock may be undervalued compared to its earnings.
  • Profit margin of 39.8%, showcasing the company's ability to generate significant profits from its revenue.
  • Gross margin of 84.9%, demonstrating efficient cost management and strong pricing power.
  • Dividend yield of 7.23%, providing investors with a substantial income stream.

Who Are BNCDY's Competitors?

BNCDY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
BHKLY BOC Hong Kong (Holdings) Limited $132.07 +0.42% $69.8B
CHBJF China CITIC Bank Corporation Limited $1.05 0.00% $58.4B
CRARF Crédit Agricole S.A. $21.32 -1.30% $64.5B
NBNKF Nordea Bank Abp $19.42 0.00% $65.9B
USB U.S. Bancorp $62.85 +0.71% $97.9B 945-pillar
SHG Shinhan Financial Group Co., Ltd. $83.86 +3.24% $39.6B 985-pillar
BBD Banco Bradesco S.A. $3.58 +4.37% $37.9B 945-pillar
CIB Grupo Cibest S.A. $103.12 +3.08% $24.5B 985-pillar

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are BNCDY's Key Strengths?

Strong brand reputation in Italy

  • High profit margin and dividend yield
  • Integrated platform offering a wide range of financial products
  • Established network of financial advisors

What Are BNCDY's Weaknesses?

Concentration in the Italian market

  • Exposure to regulatory changes in the banking sector
  • Competition from fintech companies
  • Dependence on interest income

What Could Drive BNCDY Stock Higher?

Expansion of the advisory network to reach new clients and markets.

  • Digital transformation initiatives to improve efficiency and customer experience.
  • Cross-selling strategies to increase revenue and customer loyalty.
  • Potential strategic acquisitions to expand market presence and acquire new capabilities.
  • Increasing penetration in the affluent segment by tailoring products and services.

What Are the Key Risks for BNCDY?

Financial-distress signal — its Altman Z-Score of 0.59 sits in the distress zone (elevated bankruptcy risk).

  • Economic downturn in Italy could negatively impact the company's financial performance.
  • Increased competition from other banks and financial institutions, including fintech companies.
  • Cybersecurity risks could compromise customer data and disrupt operations.
  • Changes in interest rates could affect the company's profitability.
  • Regulatory changes in the Italian banking sector could increase compliance costs.

What Are the Growth Opportunities for BNCDY?

  • Expanding the advisory network: Banca Mediolanum can further expand its reach by increasing the number of financial advisors. This would allow the company to tap into new markets and serve a wider range of clients. The market for financial advice is growing, driven by increasing wealth and demand for personalized financial planning. By expanding its advisory network, Banca Mediolanum can capitalize on this trend and increase its market share. Timeline: Ongoing.
  • Increasing penetration in the affluent segment: Banca Mediolanum has a strong opportunity to increase its penetration in the affluent segment. Affluent individuals and families have complex financial needs and are willing to pay for personalized financial advice and wealth management services. By tailoring its products and services to the needs of the affluent segment, Banca Mediolanum can attract new clients and increase its assets under management. Timeline: Ongoing.
  • Digital transformation: Investing in digital technologies can improve efficiency, enhance customer experience, and reduce costs. By embracing digital transformation, Banca Mediolanum can stay ahead of the competition and attract tech-savvy customers. This includes developing mobile banking apps, online investment platforms, and other digital tools. The market for digital banking services is growing rapidly. Timeline: Ongoing.
  • Cross-selling opportunities: Banca Mediolanum can leverage its existing customer base to cross-sell its various products and services. This includes offering insurance products to banking clients and investment services to insurance clients. Cross-selling can increase revenue and improve customer loyalty. By identifying cross-selling opportunities and implementing effective marketing strategies, Banca Mediolanum can maximize its revenue potential. Timeline: Ongoing.
  • Strategic acquisitions: Banca Mediolanum could pursue strategic acquisitions to expand its market presence and acquire new capabilities. This could involve acquiring smaller banks, wealth management firms, or fintech companies. Strategic acquisitions can accelerate growth and diversify revenue streams. However, it is important to carefully evaluate potential acquisition targets and ensure that they align with the company's overall strategy. Timeline: Ongoing.

What Are BNCDY's Competitive Advantages?

  • Strong brand reputation in the Italian market.
  • Established network of financial advisors providing personalized service.
  • Integrated platform offering a wide range of financial products and services.
  • High customer loyalty due to long-term relationships and personalized advice.

What Does BNCDY Do?

Founded in 1982 and headquartered in Basiglio, Italy, Banca Mediolanum S.p.A. has evolved into a prominent financial services provider. Originally conceived as a financial planning network, the company transitioned into a full-fledged bank, offering a comprehensive suite of products and services. These include current accounts, mortgages, and various loan products tailored to individual needs. Furthermore, Banca Mediolanum provides an array of debit, credit, and prepaid cards, facilitating convenient payment solutions for its customers. The company distinguishes itself through its emphasis on savings and investment products, encompassing equities, bonds, and trading services, catering to diverse investment objectives. Its insurance and pension products further solidify its position as a holistic financial solutions provider. Banca Mediolanum operates primarily within Italy, focusing on building long-term relationships with its clients through personalized financial advice and a network of financial advisors. The company's integrated approach and commitment to client service have contributed to its strong market presence and financial performance.

What Products and Services Does BNCDY Offer?

  • Provides current accounts and mortgage solutions.
  • Offers various loan products tailored to individual needs.
  • Issues debit, credit, and prepaid cards for convenient payment solutions.
  • Provides savings and investment products, including equities and bonds.
  • Offers trading services for active investors.
  • Provides insurance and pension products for financial security.
  • Delivers personalized financial advice through a network of financial advisors.

How Does BNCDY Make Money?

  • Generates revenue from interest income on loans and mortgages.
  • Earns fees from investment and trading services.
  • Receives commissions from the sale of insurance and pension products.
  • Charges fees for account maintenance and other banking services.

What Industry Does BNCDY Operate In?

Banca Mediolanum operates within the Italian regional banking sector, which is characterized by increasing competition and evolving regulatory landscape. The industry is undergoing digital transformation, with fintech companies challenging traditional banking models. Banca Mediolanum differentiates itself through its focus on personalized financial advice and wealth management services. The Italian banking sector is influenced by macroeconomic factors, such as interest rates and economic growth. The company's success depends on its ability to adapt to changing market conditions and maintain its competitive edge.

Who Are BNCDY's Key Customers?

  • Individuals and families seeking banking and financial services.
  • Affluent clients seeking wealth management solutions.
  • Businesses requiring banking and loan products.
  • Customers looking for insurance and pension products for financial security.
Model self-rating on this text: 71% (not a measure of the evidence) Updated: Mar 17, 2026

Research confidence

Medium 45/100

Enough evidence to be useful, with gaps worth knowing about.

  • Scoring coverage unknown
  • Price is current
  • Latest filing 73 days ago
  • No analyst coverage
  • Reported in EUR, converted to USD

MoonshotScore History

Recorded daily since 2026-08-23 · 20 snapshots

2026-08-23 56
2026-08-27 56
2026-08-31 56
2026-09-04 56
2026-09-08 56
2026-09-11 56

What changed?

The score has stayed at 56.

Over the same 19 days the stock moved -0.2%.

Company Profile

Banca Mediolanum S.p.A. operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Basiglio, IT. The company is led by CEO Massimo Antonio Doris. BNCDY has traded publicly since 2016.

F-Score 5/9

Financial Health

Banca Mediolanum S.p.A.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.59 places it in the distress zone, a signal of elevated financial risk.

ROE 28%

Key Financial Metrics

Return on equity for Banca Mediolanum S.p.A. stands at 28.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.3%, showing how much profit it generates from its asset base. BNCDY trades at a trailing price-to-earnings ratio of 13.24, below the Financial Services sector average of ~17.50x. Its earnings yield is 8.7%, the inverse of the P/E and a quick read on earnings relative to price.

Quarterly Financial Performance: Banca Mediolanum S.p.A.

Revenue for Banca Mediolanum S.p.A. came in at $1.05B during Q2 FY2026. The company recorded net income of $324.1M, with diluted EPS of $0.44. Quarter-over-quarter revenue has been mixed, typical for a unknown company operating in Financial Services. Across the four most recent quarters, BNCDY averaged $0.31 in diluted EPS.

BNCDY Financials

Fundamental Snapshot

Revenue Growth (FY)
+63.0%
Net Income Growth (FY)
+6.2%
EPS Growth (FY)
+5.9%
Free Cash Flow Growth (FY)
+346.6%
P/E (TTM)
13.24
Return on Equity (TTM)
+28.4%
EV/EBITDA (TTM)
11.1

Based on FMP financials and quantitative analysis · FY 2025

Bull Case vs Bear Case

Bull Case

  • Strong brand reputation in Italy
  • High profit margin and dividend yield
  • Integrated platform offering a wide range of financial products
  • Established network of financial advisors

Bear Case

  • Concentration in the Italian market
  • Exposure to regulatory changes in the banking sector
  • Competition from fintech companies
  • Dependence on interest income

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

Recent Quarterly Results

Quarter Revenue Net Income EPS
Q2 FY2026 $1.05B $324M $0.44
Q1 FY2026 $1.04B $326M $0.22
Q4 FY2025 $2.00B $588M $0.39
Q3 FY2025 $714M $289M $0.20

Q2 FY2026 · filed 30 Jun 2026 · SEC EDGAR →

Based on FMP financials and quantitative analysis · Converted to USD from EUR at today's rate

BNCDY Latest News

BNCDY Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for BNCDY.

Price Targets

Wall Street price target analysis for BNCDY.

BNCDY MoonshotScore

MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for BNCDY; grades run from A+ (80-100) to F (below 30).

Leadership: Massimo Antonio Doris

Chief Executive Officer

Massimo Antonio Doris has been the CEO of Banca Mediolanum S.p.A. since November 2021. He has a long history with the company, previously serving as Vice President. He is the son of Ennio Doris, the founder of Banca Mediolanum. Massimo Doris has been actively involved in the strategic development and management of the company for many years, contributing to its growth and success. He brings a deep understanding of the company's culture, values, and business model.

Track Record: Since becoming CEO in 2021, Massimo Antonio Doris has focused on strengthening the company's digital capabilities and expanding its advisory network. He has overseen the implementation of new technologies to improve customer experience and streamline operations. Under his leadership, Banca Mediolanum has continued to deliver strong financial results and maintain its position as a leading financial services provider in Italy.

Banca Mediolanum S.p.A. ADR Information Unsponsored

An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company that trades on U.S. stock exchanges. BNCDY is an ADR representing shares of Banca Mediolanum S.p.A., allowing U.S. investors to invest in the Italian company without directly dealing with foreign markets. The ADR is denominated in U.S. dollars, simplifying trading and settlement for U.S. investors.

  • Home Market Ticker: Borsa Italiana (BNCD), Italy
  • ADR Level: 1
  • ADR Ratio: 1:1
  • Home Market Ticker: BNCD
Currency Risk: Investing in BNCDY exposes U.S. investors to currency risk, as the value of the ADR is affected by fluctuations in the exchange rate between the U.S. dollar and the Euro. If the Euro weakens against the U.S. dollar, the value of the ADR may decrease, even if the underlying shares of Banca Mediolanum S.p.A. remain stable in Euro terms. Investors may want to evaluate this currency risk when evaluating the potential returns from BNCDY.
Tax Implications: Dividends paid on BNCDY are subject to foreign dividend withholding tax in Italy. The standard withholding tax rate is typically around 26%, but this may be reduced depending on the tax treaty between the U.S. and Italy. U.S. investors may be able to claim a foreign tax credit on their U.S. tax return for the amount of foreign tax withheld.
Trading Hours: The Borsa Italiana, where Banca Mediolanum S.p.A.'s shares are primarily traded, operates from 9:00 AM to 5:30 PM Central European Time (CET). This translates to 3:00 AM to 11:30 AM Eastern Time (ET). Therefore, there is a significant overlap in trading hours between the Borsa Italiana and the U.S. stock markets, allowing investors to monitor and trade BNCDY during U.S. trading hours, although liquidity may be lower during the early morning hours.

BNCDY OTC Market Information

The OTC Other tier represents the lowest tier of the over-the-counter (OTC) market. Companies trading on this tier typically have limited or no financial disclosure requirements and may not meet the listing standards of major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries higher risks due to the lack of transparency and regulatory oversight. These companies may be smaller, less established, or have a limited operating history.

  • OTC Tier: OTC Other
Liquidity: Liquidity for BNCDY on the OTC market is likely to be limited. This means that trading volume may be low, and the bid-ask spread may be wide. It may be difficult to buy or sell large quantities of BNCDY shares without significantly affecting the price. Investors should be aware of the potential for illiquidity and price volatility when trading BNCDY on the OTC market.
OTC Risk Factors:
  • Limited financial disclosure
  • Low trading volume and liquidity
  • Potential for price manipulation
  • Higher risk of fraud or scams
  • Lack of regulatory oversight
Due Diligence Checklist:
  • Verify the company's registration and legal status.
  • Obtain and review any available financial statements.
  • Research the company's management team and their track record.
  • Assess the company's business model and competitive landscape.
  • Understand the risks associated with investing in OTC stocks.
  • Consult with a financial advisor.
  • Be wary of unsolicited investment offers or guarantees of high returns.
Legitimacy Signals:
  • Established operating history in Italy
  • Presence on the Borsa Italiana (BNCD)
  • Positive financial performance (profit margin, gross margin)
  • Dividend payments
  • Coverage by reputable financial news outlets

Common Questions About BNCDY (Financial Services)

Is BNCDY a good stock?

Stock Expert AI does not rate BNCDY buy, sell or hold. Banca Mediolanum S.p.A. has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.

What do analysts say about BNCDY stock?

Analyst coverage of BNCDY stock is limited due to its OTC listing and ADR Level I status. However, the company's strong financial performance, including a high profit margin of 39.8% and a dividend yield of 7.23%, suggests a positive outlook.

What are the key factors to evaluate for BNCDY?

Evaluate BNCDY on fundamentals, analyst consensus, and risk factors. P/E: 13.24x vs the S&P 500's ~20-25x. The dividend yield of 7.23% offers an attractive income stream for investors. Not financial advice.

How frequently does BNCDY data refresh on this page?

BNCDY's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals follow quarterly filings. V2 calculations are scheduled daily at 10:15 UTC; the score's own date shows its last successful run.

What has driven BNCDY's recent stock price performance?

Banca Mediolanum S.p.A. (BNCDY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong brand reputation in Italy. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider BNCDY overvalued or undervalued right now?

Banca Mediolanum S.p.A. (BNCDY) trades at 13.24x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

Can I buy fractional shares of BNCDY?

Yes, most major brokerages offer fractional shares of Banca Mediolanum S.p.A. (BNCDY) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.

How can I track BNCDY's earnings and financial reports?

Banca Mediolanum S.p.A. (BNCDY) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for BNCDY earnings announcements.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated

MoonshotScore is not published for this security.

Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • OTC data may be limited or outdated.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis

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