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Intesa Sanpaolo SpA (ISP.MI)

ISP.MI on Milan Stock Exchange

2.04EUR
15 Oct 2018
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€3.23
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Latest Key Developments (Source: Significant Developments)

PGE Signs 4-yr Revolving Loan Up To 4.1 Billion Zlotys
Monday, 17 Sep 2018 06:18am EDT 

Sept 17 (Reuters) - PGE POLSKA GRUPA ENERGETYCZNA SA ::HAS SIGNED A REVOLVING LOAN AGREEMENT OF UP TO 4.1 BILLION ZLOTYS.THE LOAN AGREEMENT HAS BEEN SIGNED WITH A CONSORTIUM OF FOUR BANKS: PKO BP SA <<>>, INTESA SANPAOLO S.P.A. <<>> , MUFG BANK (EUROPE) N.V. AND SANTANDER BANK POLSKA SA <<>>.THE LOAN IS TO BE USED TO FINANCE ONGOING OPERATIONS, FINANCE INVESTMENT AND CAPITAL EXPENSES AND REFINANCE FINANCIAL LIABILITIES OF PGE AND PGE GROUP.THE LOAN TO BEAR AN INTEREST RATE BASED ON THE RELEVANT WIBOR RATE (REFERANCE RATE) PLUS MARGIN.THE LOAN FINAL REPAYMENT DAY IS SET FOR DEC. 16, 2022.  Full Article

JP Morgan potentially owns 7.35 pct of Intesa Sanpaolo - filing
Wednesday, 18 Jul 2018 10:12am EDT 

July 18 (Reuters) - Intesa Sanpaolo::JP MORGAN HELD POTENTIAL STAKE OF 7.353 PERCENT IN INTESA SANPAOLO AS OF JULY 11, INCLUDING 4.19 PERCENT IN SHARES - REGULATORY FILING.  Full Article

Intesa Sanpaolo: Plan For Merger By Incorporation Of Imi Investimenti Filed
Thursday, 12 Jul 2018 08:37am EDT 

July 12 (Reuters) - Intesa Sanpaolo SpA ::PLAN FOR MERGER BY INCORPORATION OF IMI INVESTIMENTI S.P.A. INTO INTESA SANPAOLO S.P.A. WAS FILED.SAYS MERGER WILL BE APPROVED BY BOARD OF DIRECTORS OF INTESA SANPAOLO.  Full Article

Slovak central bank keeps SII, systemic risk buffer levels unchanged
Tuesday, 29 May 2018 08:31am EDT 

May 29 (Reuters) - :SLOVAK CENTRAL BANK MAINTAINS CURRENT CAPITAL BUFFER SETTINGS OF 0.5-1.0 PERCENT FOR SII AND 1 PERCENT FOR SYSTEMIC RISK, VALID FROM JAN 1, 2019.  Full Article

Intesa Sanpaolo Q1 Net Profit At EUR 1.25 Bln
Tuesday, 8 May 2018 07:15am EDT 

May 8 (Reuters) - Intesa Sanpaolo SpA ::Q1 NET PROFIT EUR 1.25 BILLION EUROS.PRO-FORMA FULLY LOADED CET1 RATIO AT END-MARCH 13.4 PERCENT FROM 14 PERCENT AT END-2017.Q1 OPERATING INCOME 4.81 BILLION EUROS.Q1 FEES UP 4.5 PERCENT Y/Y.NPL STOCK AT END-MARCH DOWN 2.7% GROSS VERSUS END-2017, AND 2.7% NET VERSUS END-2017 AFTER IFRS 9 IMPACT.DIVIDEND POLICY FOR 2018 ENVISAGES THE DISTRIBUTION OF AN AMOUNT OF CASH DIVIDENDS CORRESPONDING TO A PAYOUT RATIO OF 85% OF NET INCOME.EXPECTS IN 2018 NET INCOME TO GROW COMPARED WITH 2017, EXCLUDING IMPACT OF VENETO BANKS.INCREASE IN REVENUES, CONTINUOUS COST MANAGEMENT AND DECREASE IN COST OF RISK SEEN AS DRIVERS OF PERFORMANCE OF 2018 NET INCOME.  Full Article

Intesa Sanpaolo Files Project Of Incorporation Of Cassa dei Risparmi di Forlì e della Romagna
Friday, 6 Apr 2018 06:12am EDT 

April 6 (Reuters) - Intesa Sanpaolo SpA ::FILES PROJECT OF INCORPORATION OF CASSA DEI RISPARMI DI FORLÌ E DELLA ROMAGNA.  Full Article

DoBank CEO says dividend policy to accelerate under new plan
Monday, 12 Feb 2018 09:00am EST 

Feb 12 (Reuters) - DoBank CEO tells analyst call::ACCELERATION OF DIVIDEND POLICY WILL BE DRIVER OF NEW BUSINESS PLAN.DOES NOT SEE POSSIBLE J-V BETWEEN INTESA AND INTRUM AS A THREAT BECAUSE INTESA'S 49 PERCENT STAKE WILL MAKE IT HARD FOR OTHER BANKS TO ENTRUST BAD LOAN MANAGEMENT TO IT.  Full Article

Intesa Sanpaolo CEO says does not see cross-border merger as possible
Tuesday, 6 Feb 2018 08:00am EST 

Feb 6 (Reuters) - Intesa SanPaolo CEO tells press conference::LOOKING AT ALL MAJOR INTERNATIONAL PLAYERS FOR ASSET MANAGEMENT PARTNERSHIP BUT NO CHOICE HAS BEEN MADE YET, WHEN ASKED IF PARTNER COULD BE BLACKROCK.SEES NEED FOR FURTHER CONSOLIDATION AMONG OTHER BANKS IN ITALY.DOES NOT SEE CROSS BORDER MERGER AS A POSSIBILITY FOR INTESA.MERGER WITH ANOTHER EUROPEAN BANK DOES NOT APPEAR AS A FEASIBLE PROJECT, SYNERGIES ARE NOT SUCH THAT THEY CAN CREATE VALUE FOR SHAREHOLDERS.STAKE IN NTV (ITALO) IS NOT STRATEGIC, WILL LOOK FOR BEST OPPORTUNITY TO EXTRACT VALUE FROM IT.EXPECTS BANK'S ITALIAN GOVERNMENT BOND PORTFOLIO TO REMAIN AROUND CURRENT LEVEL OF 37 BILLION EUROS OVER PLAN PERIOD.  Full Article

Intesa would keep majority in potential asset management partnership-CEO
Tuesday, 6 Feb 2018 05:23am EST 

Feb 6 (Reuters) - Intesa Sanpaolo CEO Carlo Messina tells analyst presentation::WOULD WANT TO MAINTAIN A MAJORITY IN ANY KIND OF COMBINATION IN ASSET MANAGEMENT IT IS OPEN TO CONSIDER.  Full Article

Intesa Sanpaolo can cut gross NPE ratio below 10 pct this yr-CEO
Tuesday, 6 Feb 2018 04:52am EST 

Feb 6 (Reuters) - Intesa Sanpaolo CEO Carlo Messina tells analyst presentation::BELIEVES BANK CAN REDUCE GROSS NON-PERFORMING EXPOSURE RATIO BELOW 10 PERCENT ALREADY IN 2018."STRONG" REGULATORY PRESSURE HAS CONVINCED BANK TO CONSIDER BAD LOAN DISPOSALS IN ADDITION TO INTERNAL RECOVERIES.  Full Article

Croatia's banking sector first-half profit jumps as bad loans ebb

ZAGREB, Oct 1 Croatia's banks, mostly owned by foreign lenders, saw a sharp increase in first-half profit, rising to 3.46 billion kuna ($540.14 million), the central bank said on Monday.