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ES
Intesa Sanpaolo accounts, profit at 5.6 billion in the half-year and 2026 target of over 10 billion
['Matthew Allen']
LNU News
The bank has also raised its guidance, now forecasting a 2026 net profit well over 10 billion euros, with a distribution of cash capital of at least 8.2 billion euros, to which is added the 2 billion buyback expected in 2027 subject to regulatory authorisations.
The net profit of 5,554 billion euros compares with the 5,216 billion in the same period of 2025, marking a growth of 6.5%, while net operating income went from 13,795 to 14,533 billion euros.
The gross current result amounted to 8,617 billion, compared to the 7,944 billion of the previous year (+8.5%), while the operating result reached 9,311 billion, an increase of 9.1%.
On the cost front, operating expenses stood at 5,222 billion euros, compared to 5,260 billion in the first half of 2025 (-0.7%).
The interest margin exceeds 7 billion eurosThe interest margin stood at 7,480 billion euros, compared to 7,432 billion in the same period of 2025 (+0.6%).