Banca Popolare di Sondrio

Banca Popolare di Sondrio S.p.A. was an Italian bank rooted in the Valtellina area, active in retail and corporate banking, private banking and wealth management. Following BPER’s exchange offer in 2025, it became part of the BPER Group and was subsequently merged into the parent company.

Corporate status: the merger by incorporation of Banca Popolare di Sondrio into BPER Banca became effective on 20 April 2026. BPSO should therefore not be presented as a currently independent listed issuer; this page remains an IFM historical archive for coverage relating to the bank before the merger.

Last standalone financial year: Banca Popolare di Sondrio’s FY2025 statutory accounts closed with net profit of €600,295,086.25. This figure relates to the pre-merger entity and is not a current BPER Group KPI.

Transaction context: BPER’s 2025 public exchange offer resulted in control of BPSO, followed by integration and the merger effective on 20 April 2026. Financial and ownership data after the merger should be referenced to BPER Banca.

Sources: BPER Banca; 2026 shareholder documentation including BPSO FY2025 accounts. Historical profile checked on 21 September 2026.