Group Ratings
The table below shows the long and short-term ratings assigned to Banco BPM by DBRS Morningstar, Fitch Ratings, Moody’s Investor Service* and Standard & Poor’s**.
*New “Investment Grade” ratings assigned by Moody’s Investor Service on 21 November 2023
**New “Investment Grade” ratings assigned by Standard & Poor’s on 7 November 2023
| Morningstar DBRS | Rating |
|---|---|
| Long-term Deposits / Trend | A (low) / Stable |
| Short-term Deposits / Trend | R-1 (low) / Stable |
| Long-term Senior debt and Long-term Issuer Rating / Trend | BBB (high) / Stable |
| Short-term Debt and Short-term Issuer Rating / Trend | R-1 (low) / Stable |
Source: Press Release – 23/10/2025
| Fitch Ratings | Rating |
|---|---|
| Long-term Issuer Default Rating (IDR)/Outlook | BBB / Stable |
| Senior preferred (SP) debt | BBB+ |
| Short-term IDR | F2 |
| Viability Rating (VR) | bbb |
| Long-term deposit rating | BBB+ |
| Short-term Deposit Rating | F2 |
Source: Fitch Rating Action – 5/12/2025
| Moody’s Investors Service | Rating |
|---|---|
| Long-term Senior Unsecured Debt and Long-term Issuer Rating / Outlook | Baa1 / Stable |
| Long-term Deposit rating / Outlook | A3 / Stable |
| Short-term Deposit rating | P-2 |
Source: Moody’s Rating Action – 25/11/2025
| Standard & Poor's | Rating |
|---|---|
| Long-term Issuer Credit Rating / Outlook | BBB / Positive |
| Short-term Issuer Credit Rating | A-2 |
Source: S&P Rating Action – 25/7/2025