Having exceeded expectations, nine-month profit rose to 8.2 billion

Intesa Sanpaolo beats expectations and closes the first nine months of the year with a profit of 8.2 billion, up 8.1% compared to the same period last year. In the third quarter the net result amounted to 2.6 billion euros, up compared to 2.3 billion in the same period of 2025.

The implementation of the 2026-2029 business plan is proceeding at full speed, with a net profit outlook for the current year improved to well over 10 billion euros.

The group sees "growth in revenues, driven mainly by commissions and the result of the insurance business; net interest increasing to well over 15 billion euros, with further significant growth in 2027; stable costs; significant reduction in provisions; increase in taxation (due to the Italian Budget Law for 2026) and in duties and other charges relating to the banking and insurance system".

A strong distribution of value is expected, with a payout ratio for 2026 of 95%, of which 75% from cash dividends and 20% from buybacks.

Intesa Sanpaolo in the first nine months of the year recorded 5.2 billion euros of taxes generated and 0.9 billion euros of impact due to the Italian Budget Law for 2026. This is what emerges from the press release of the financial results for the first nine months.