Intesa Sanpaolo Posts €7.6 Billion Nine-Month Profit, Signals More Than €9 Billion for 2025 and €8.3 Billion Payout

Overview

• The bank reported €7.6 billion net income for the first nine months, up 5.9% year over year, with €2.4 billion earned in the third quarter.
• Management expects full-year 2025 net profit to exceed €9 billion based on performance through September.
• Shareholder distributions total €8.3 billion for 2025, including a €3.2 billion interim dividend due at end-November and a €2 billion buyback completed in October.
• Net interest income fell 6.8% to €11.112 billion while net fees rose 5.1% to €7.328 billion, led by a 30.2% jump in securities intermediation and higher insurance fees.
• Net operating income was essentially flat at €20.432 billion, operating costs edged down to €7.956 billion, and operating profit ticked up to €12.476 billion.