Banco BPI has successfully navigated recent financial challenges, demonstrating growth in its loan portfolio and capitalizing on a high-demand public offering, while committing to digital transformation and social responsibility.

Information on the Target

The Banco BPI (Banco Português de Investimento) has recently made significant strides in its financial performance and corporate responsibility initiatives. With a robust loan portfolio reaching €32.6 billion, the bank experienced a year-on-year growth of 8%, equivalent to €2.3 billion. Additionally, client resources have surged by 10%, totaling €42.6 billion at the close of September 2025.

Despite the challenges posed by lower interest rates, BPI maintained a return on tangible equity (ROTE) of 16.4% in Portugal. This profitability underscores the bank’s resilience and operational efficiency in a competitive market.

Industry Overview in Portugal

The banking sector in Portugal has been navigating through a complex landscape influenced by fluctuating interest rates and regulatory changes. The current

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Banco BPI

invested in

Banco de Fomento Angola (BFA)

in 2025

in a Public-to-Private (P2P) deal

Disclosed details

Transaction Size: $103M

Revenue: $914M

Net Income: $389M

Enterprise Value: $232M

Equity Value: $103M


Multiples

EV/Revenue: 0.3x

P/E: 0.3x

P/Revenue: 0.1x

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