🔴 BFF Bank is trading 10% down as Equita doubts sale can plug capital gap

BFF Bank is trading at €2.44, down 10.31%, after Equita judged its €127 million receivables sale too limited to resolve the expected 2028 capital shortfall.

• On October 1, shares fell 7.8%, finishing among the weakest mid-caps; the sale is expected to reduce 2028 calendar provisioning by over €30 million.
• Equita said the deal was not particularly decisive. Broader bond-market stress weighed on Milan shares, though BFF-specific concerns were prominent.