Intesa Sanpaolo SpA (IITSF.PK) on Monday reported net income of €1.733 billion for the fourth quarter of 2025, compared with €1.499 billion in the same period a year ago.
Operating income rose 2.5% to €6.838 billion from €6.668 billion a year earlier.
Net interest income declined 3.1% to €3.684 billion from €3.801 billion in the prior-year quarter. Net fee and commission income amounted to €2.652 billion, while income from the insurance business increased to €443 million from €424 million last year.
The bank reported further progress in reducing non-performing loans, with an NPL reduction of €2.3 billion gross and €0.9 billion net. Bad loans were reduced to €0.8 billion net, from €1.3 billion, and to €2.4 billion gross, from €4.1 billion.
Intesa Sanpaolo also announced plans to launch a €2.3 billion share buyback programme in July 2026.
Additionally, the Board has proposed a remaining dividend of 19 euro cents per share, before tax.
Looking ahead, the bank said it expects net income to rise to more than €11.5 billion by 2029, compared with €9.321 billion reported in 2025.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.