MILAN (ITALPRESS) – Intesa Sanpaolo closes the first quarter of 2026 with a net profit of 2,761 billion euros, up 5.6% compared to the first quarter of 2025. These results lead the institute to confirm the forecasts of a net profit of 10 billion euros by the end of 2026.
On consolidated results at 31 March 2026, Intesa Sanpaolo speaks of “meaning cash return for shareholders: 2,6 billion euros of distribution accrued in the trimester, of which 2,1 billion euros as dividends that are added to the dividend balance 2025 of 3,3 billion euros to pay in May 2026 and to the buyback pairs to 2,3 billion euros to start to July 2026′′′. In the popular note, Intesa Sanpaolo speaks of “a significant value creation for all stakeholders and not only for shareholders by the group: 1,8 billion euros of taxes generated, strengthening of financial inclusion with approximately 1.4 billion euros of social lending issued in the first trimester 2026, approximately 1.1 billion euros already invested in 2023′′′.
Based on the consolidated results at 31 March 2026, Intesa Sanpaolo provided “about €13 billion of new medium-long term credit to households and companies in the first quarter of 2026. Approximately 560 companies were reported in bonis in the first quarter of 2026 and about 147,300 since 2014, preserving approximately 2.800 and 737,000 jobs respectively.”.
“The exposure to Russia is in further reduction, decreased by more than 94% (over 3.4 billion euros) compared to the end of June 2022 and fell to 0.05% of the Group’s total clientele: credits to customers of the Russian subsidiary close to zero, credits to cross-border customers towards Russia largely in bonis and classified at Stage 2′′′′′′. Intesa Sanpaolo makes it known by spreading the consolidated results of the first quarter of the year. “At the end of March 2026, the impact of credits deteriorated on total credits is 0.9% net of value adjustments and 1.8% gross. Considering the methodology adopted by the EBA, the incidence of deteriorated credits is 0.8% net of value adjustments and 1.5% gross.”.
MESSINA “MIGLIOR PRIMO TRIMESTRE DI SEMPRE, STRATEGIE LUNGIMIRANTI”
“With the results of the first quarter of 2026, our Business Plan 2026-2029 begins: a plan designed to achieve a sustainable ROE of 20%, focusing on the growth of commissions and technological development. A solid and risk-free plan, as can be seen from the first significant evidence. In a global context marked by increasing geopolitical uncertainty, our strategies are demonstrating a far-sighted and fully correct choice. In this start of Piano we record our best net result quarterly and of the first trimester always, pairs to 2,8 billion euros, thanks to the positive contribution of all the components of the revenues item and the reduction of the costs. For 2026, we confirm the objective of approximately 10 billion euros, in line with the progression foreseen by the advance of the Plan”. Thus the CEO of Intesa Sanpaolo Carlo Messina commenting on the consolidated results at 31 March 2026.
“Our new Business Plan defines a sustainable growth path and is already being implemented. The quality of the results achieved in the first quarter is a first confirmation of its solidity and allows us to face with confidence the next steps of realization, leveraging on a resilient, efficient and scalable business model,” he explains.
“With one of the highest shareholders’ remuneration in the European banking scene, this year we will return approximately €9.4 billion to shareholders, considering the balance by dividing of May, the buyback of July and the expected interim dividend of November. Our Bank has a unique business model in Europe, founded on an integrated platform of Wealth Management, Protection & Advisory, with a leadership for the incidence of commissions and insurance activity on total revenue. The state-of-the-art technology infrastructure and the location of Banca ‘Zero NPL’ allow us to maintain structurally high efficiency and low risk cost. The financial assets of the customers have exceeded 1,400 billion euros, with an increase of 64 billion in one year, confirming the trust of the customers and the strength of our advisory model”, he adds.
– Photo IPA Agency –
(ITALPRESS).
