Banco BPM Cash Flow Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2016
Net Income	-	1,920	1,264	685.05	569.07	Upgrade
Depreciation & Amortization	-	184.55	277.71	312.22	280.29	Upgrade
Other Amortization	-	107.65	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	-	-229.2	-125.08	-15.94	-111.12	Upgrade
Total Asset Writedown	-	0.68	-	8.13	-	Upgrade
Provision for Credit Losses	-	404.78	515.57	480.99	639.48	Upgrade
Change in Trading Asset Securities	-	-4,529	-6,489	-2,113	2,798	Upgrade
Change in Other Net Operating Assets	-	-3,906	2,002	-19,578	15,613	Upgrade
Other Operating Activities	-	1,158	8,448	4,545	-107.45	Upgrade
Operating Cash Flow	-	-4,889	5,893	-15,676	19,681	Upgrade
Operating Cash Flow Growth	-	-	-	-	164.33%	Upgrade
Capital Expenditures	-	-113.59	-73.54	-122.29	-92.32	Upgrade
Sale of Property, Plant and Equipment	-	1.55	5.52	1.84	17.72	Upgrade
Investment in Securities	-	228	40.64	74.3	0.31	Upgrade
Purchase / Sale of Intangibles	-	-142.85	-115.46	-204.29	-106.2	Upgrade
Investing Cash Flow	-	-26.88	-142.84	-250.44	-180.49	Upgrade
Issuance of Common Stock	-	37.95	-	208.02	332.4	Upgrade
Repurchase of Common Stock	-	-50.04	-30.09	-16.02	-	Upgrade
Common Dividends Paid	-	-1,449	-349.52	-288.34	-	Upgrade
Financing Cash Flow	-	-1,461	-379.61	-96.34	241.85	Upgrade
Net Cash Flow	-	-6,377	5,371	-16,023	19,743	Upgrade
Free Cash Flow	-	-5,003	5,820	-15,798	19,589	Upgrade
Free Cash Flow Growth	-	-	-	-	165.46%	Upgrade
Free Cash Flow Margin	-	-91.73%	126.92%	-419.63%	594.15%	Upgrade
Free Cash Flow Per Share	-	-3.32	3.86	-10.47	12.97	Upgrade

Source: S&P Capital IQ. Banks template. Financial Sources.