Banco Comercial Português, S.A. (BCP.LS) stock analysis

In our weekly check, Banco Comercial Português, S.A. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 2, red flags: 8.

About Banco Comercial Português, S.A.

Banco Comercial Português, S.A. is a Financial Services company (Banks - Regional), listed on LIS as BCP.LS.

What our checks show for BCP.LS

Red flags

• The gross margin fell by 24.7 points, to 70.8%: costs are rising faster than prices.
• Operating cash flow is negative while the company reports a profit: the profit does not arrive as cash.
• Analysts expect revenue to shrink about 13.8% a year.
• Free cash flow is negative (-31.1% of revenue): the business spends more cash than it brings in.
• The stock has fallen as much as 100% from a peak. Would you have held through that?
• Return on capital (ROCE) is only 1.8%.
• Pay in shares equals 0% of free cash flow: it dilutes shareholders.

Warning signs

• The stock is still below its previous peak.

Strengths

• The net margin rose by 14.9 points over 5 years, to 20.2%.
• Analysts expect the net margin to improve by 17 points from today's 20.2%.
• Revenue grew 21.4% a year over the last 3 years.
• Earnings per share grew 104% a year over the last 3 years.
• Net profit grew 88.7% a year over the last 3 years.
• The company keeps 20.2% of its revenue as net profit.

Next earnings report: 2026-10-28

Similar companies

PNFP · BMED.MI · BSAC · EUROB.AT · BIRG.IR · RBI.VI

Questions

What grade does Banco Comercial Português, S.A. (BCP.LS) have?

In our weekly check, Banco Comercial Português, S.A. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 2, red flags: 8. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of BCP.LS stock?

This week's biggest flags for Banco Comercial Português, S.A.: Gross margin falling, Profits not backed by cash, Weak revenue forecast. In total 10 of 25 checks show a warning or a red flag.

What does Banco Comercial Português, S.A. do?

Banco Comercial Português, S.A. is a Financial Services company (Banks - Regional), listed on LIS as BCP.LS.

When does Banco Comercial Português, S.A. report earnings next?

The next earnings report is expected on 2026-10-28. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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