Intesa Sanpaolo S.p.A.

Intesa Sanpaolo S.p.A. Earnings Recaps

ISP.MI Financials 1 recap
Q2 2025 Aug 1, 2025

Intesa Sanpaolo reported a record net income of EUR 5.2 billion for the first half of 2025, achieving a remarkable return on equity of 20%, alongside an upgrade in net income guidance for the year.

Key takeaways
  • Best ever first-half net income of EUR 5.2 billion, up 9% YoY, with record second-quarter profits of EUR 2.6 billion.
  • Commission and insurance income reached record highs, significantly contributing to revenue growth despite declining interest rates.
  • Cost-to-income ratio improved to 38%, while asset quality remains elite with historical lows in NPL ratios.
  • Strong capital generation allows for planned shareholder distributions of EUR 8.2 billion, including dividends and a buyback program.
  • Customer financial assets grew by EUR 37 billion YoY, driven by robust lending and asset management activities.
Full recap