Edition:
United Kingdom

Intesa Sanpaolo SpA (ISP.MI)

ISP.MI on Milan Stock Exchange

2.47EUR
25 Sep 2018
Change (% chg)

€0.07 (+3.05%)
Prev Close
€2.40
Open
€2.41
Day's High
€2.47
Day's Low
€2.41
Volume
111,387,605
Avg. Vol
116,904,257
52-wk High
€3.23
52-wk Low
€2.11

Latest Key Developments (Source: Significant Developments)

Intesa SP is far from any development in search for Eurizon partner - CEO
Thursday, 20 Sep 2018 

Sept 20 (Reuters) - Intesa Sanpaolo Chief Executive Carlo Messina says::HAS NO WORRY ABOUT BANKS' STRESS TEST."STILL VERY FAR" FROM REACHING AN OUTCOME IN SEARCH FOR A PARTNER FOR ASSET MANAGER EURIZON.  Full Article

Intesa chairman says no negative surprises from recent bond yield swings
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Intesa Sanpaolo Chairman Gian Maria Gros-Pietro tells reporters at Ambrosetti forum::SEES NO NEGATIVE SURPRISES FOR BANK'S EARNINGS FROM MOVEMENTS IN ITALIAN GOVERNMENT BOND YIELD SPREAD OF LAST FEW MONTHS.  Full Article

Intesa Sanpaolo reaches deal with unions over Intrum joint-venture
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Intesa Sanpaolo::SIGNED ACCORD WITH TRADE UNIONS IN RELATION TO BANK'S STRATEGIC PARTNERSHIP WITH INTRUM JUSTITIA.BANK COMMITTED TO INTERVENE IN FAVOUR OF WORKERS BEING TRANSFERRED TO 'TERSIA', THE COMPANY BEING SET UP WITH INTRUM, FOR 15 YEARS IN CASE OF LABOUR ISSUES.  Full Article

Intesa Sanpaolo Q2 Net Profit At EUR 927 Mln
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Intesa Sanpaolo SpA ::Q2 OPERATING INCOME DOWN 4.3 PERCENT VERSUS Q1 2018.H1 NET PROFIT EUR 2.18 BILLION EUROS.PRO-FORMA FULLY LOADED CET1 RATIO AT END-JUNE 13.6 VERSUS 13.4 PERCENT AT END-MARCH.Q2 NET PROFIT 927 MILLION EUROS VERSUS 866 MILLION EURO AVERAGE FORECAST IN REUTERS ANALYST POLL.SAYS GROSS IMPAIRED LOAN RATIO 9.3 PERCENT AT END-JUNE FROM 11.7 PERCENT AT END-MARCH.H1 LOAN WRITEDOWNS DOWN 17.9 PERCENT VERSUS H1 2017.THE DIVIDEND POLICY FOR 2018 ENVISAGES THE DISTRIBUTION OF AN AMOUNT OF CASH DIVIDENDS CORRESPONDING TO A PAYOUT RATIO OF 85% OF NET INCOME.SAYS INCREASE IN REVENUES, CONTINUOUS COST MANAGEMENT AND DECREASE IN COST OF RISK ARE ENVISAGED AS DRIVERS OF EXPECTED PERFORMANCE OF NET INCOME.EXPECTS NET INCOME IN 2018 TO GROW VERSUS 2017, EXCLUDING FROM 2017 PUBLIC CASH CONTRIBUTION FOR VENETO BANKS.Q2 FEES DOWN 1.1 PERCENT VERSUS Q1.  Full Article

Intesa Sanpaolo Reports Results Of Pre-Emption And Pre-Emptive Rights Offering Of Savings Shares
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Intesa Sanpaolo SpA ::REPORTS RESULTS OF PRE-EMPTION AND PRE-EMPTIVE RIGHTS OFFERING OF INTESA SANPAOLO SAVINGS SHARES.REPORTS 108,453 SAVINGS SHARES FOLLOWING WITHDRAWAL HAVE BEEN PURCHASED PURSUANT TO PRE-EMPTION AND PRE-EMPTIVE RIGHTS OFFERING.RIGHT OF WITHDRAWAL HAS BEEN EXERCISED IN RELATION TO A TOTAL OF 15,070,477 SHARES.AS A RESULT OF OFFERING, 14,962,024 SHARES FOLLOWING WITHDRAWAL REMAIN, VALUE OF WHICH IS EQUAL TO EURO 40,995,946.  Full Article

Banco BPM may go beyond targets in bad loan reduction plan - CEO
Wednesday, 9 May 2018 

May 9 (Reuters) - Banco BPM::EXPECTS 5 BLN EURO BAD LOAN SECURITISATION DEAL BACKED BY STATE GUARANTEE TO RECEIVE CREDIT RATINGS IN MAY - SLIDE.IN TOUCH WITH INVESTORS FOR PLACEMENT OF JUNIOR AND MEZZANINE TRANCHES IN 5 BLN EURO BAD LOAN SALE- SLIDE.GROSS PROBLEMATIC LOANS 19.6 BLN EUROS PRO-FORMA FOLLOWING 5 BLN EURO SALE EXPECTED IN H1- SLIDE.EXPECTS TO SELL FURTHER 3.5 BLN EUROS IN BAD LOANS BY END-2020 - SLIDE.BANCO BPM CEO SAYS MAY GO BEYOND DE-RISKING PLAN TARGETS.BANCO BPM CEO SAYS HAS RECEIVED SEVERAL EXPRESSIONS OF INTEREST FOR DEBT RECOVERY BUSINESS, BAD LOAN PORTFOLIOS FOLLOWING INTESA-INTRUM DEAL.EXPECTS TO CLOSE FURTHER 312 RETAIL BRANCHES IN H1 - SLIDE.  Full Article

Intesa Sanpaolo still looking for partner in asset management - CEO
Tuesday, 8 May 2018 

May 8 (Reuters) - Intesa Sanpaolo CEO Carlo Messina told analysts::STILL LOOKING FOR A PARTNER IN ASSET MANAGEMENT BUSINESS.FOR THE MOMENT NO PLANS TO BUY NON-PERFORMING LOANS OF OTHER ITALIAN BANKS.  Full Article

Cerved: No Impact On Credit Management Pipeline From Intesa Deal With Intrum - Conf Call
Monday, 7 May 2018 

May 7 (Reuters) - Cerved ::CEO SAYS CO HOPES TO GET CREDIT MGMT DEAL FOR SOME OF NON PERFORMING LOANS (AROUND EUR 10 BILLION) FROM WINDING DOWN OF VENETO BANKS - CONF CALL.CEO SAYS NO IMPACT ON PIPELINE FROM INTESA DEAL WITH INTRUM AS CO NEVER HOPED TO GET CREDIT MGMT DEAL FROM INTESA - CONF CALL.  Full Article

Intesa Sanpaolo foundation shareholder cuts stake to 7.54 pct
Friday, 27 Apr 2018 

April 27 (Reuters) - Intesa Sanpaolo chairman Gian Maria Gros-Pietro says at the lender's shareholder meeting::BANKING FOUNDATION COMPAGNIA SAN SANPAOLO HAS CUT ITS STAKE IN LENDER TO 7.54 PERCENT.BLACKROCK STABLE AT 5.1 PERCENT.FONDAZIONE CARIPLO AT 4.84 PERCENT.  Full Article

Intesa CEO says Intrum deal has implications for other Italian banks
Tuesday, 17 Apr 2018 

April 17 (Reuters) - Intesa Sanpaolo Chief Eexecutive Carlo Messinsa says::BAD LOANS' PRICE IN INTRUM DEAL SUPPORTED BY INDUSTRIAL LOGIC, HAS IMPORTANT MARKET IMPLICATIONS ALSO FOR OTHER ITALIAN BANKS.INTRUM DEAL STABILISES BAD LOAN MARKET BECAUSE IT SHOWS BOOK VALUES FOR THESE ASSETS ARE CORRECT..  Full Article

Italy - Factors to watch on Sept. 21

The following factors could affect Italian markets on Friday.