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Intesa Sanpaolo Reports €2.61 Billion Q1 Profit, Surpassing Expectations

The bank reaffirms a 2025 net income target of over €9 billion and plans €8.2 billion in shareholder returns, bolstered by strong fee income and digital growth.

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Overview

  • Intesa Sanpaolo achieved a Q1 2025 net profit of €2.61 billion, up 13.6% year-on-year, exceeding market forecasts.
  • The bank confirmed its 2025 net income target of over €9 billion and announced a €2 billion share buyback starting in June.
  • Shareholder returns for 2025 are projected at a minimum of €8.2 billion, including dividends and buybacks.
  • Net fee and commission income rose 7%, offsetting a 4.4% decline in net interest income, reflecting a diversified revenue model.
  • Digital arm Isybank surpassed one million customers, highlighting the bank’s focus on organic growth and digital expansion.