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Intesa Sanpaolo SpA (ISP.MI)

ISP.MI on Milan Stock Exchange

1.83EUR
11:41am EDT
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62,716,233
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€2.66
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Latest Key Developments (Source: Significant Developments)

Fitch places Intesa short-term rating under review with negative implications
Tuesday, 7 May 2019 08:28am EDT 

May 7 (Reuters) - Intesa Sanpaolo says::FITCH PLACED SHORT-TERM RATING UNDER REVIEW WITH NEGATIVE IMPLICATIONS DUE TO METHODOLOGY CHANGES.  Full Article

Intesa Sanpaolo Q1 Net Profit At EUR 1.05 Bln
Tuesday, 7 May 2019 07:06am EDT 

May 7 (Reuters) - Intesa Sanpaolo SpA ::Q1 NET PROFIT EUR 1.05 BILLION VERSUS EUR 926.0 MILLION IN REFINITIV SMARTESTIMATE.Q1 OPERATING INCOME EUR 4.38 BILLION VERSUS EUR 4.20 BILLION IN Q4.Q1 LOAN WRITEDOWNS EUR 369 MILLION VERSUS EUR 698 MILLION IN Q4.Q1 FEES EUR 1.89 BILLION VERSUS EUR 2.03 BILLION IN Q4.PRO-FORMA FULLY LOADED CET1 RATIO AT 13.5 PERCENT END-MARCH VERSUS 13.6 PERCENT AT END-DEC.GROSS NON-PERFORMING LOAN RATIO AT END-MARCH AT 8.5 PERCENT.NET NON-PERFORMING LOANS AT END-MARCH EUR 16.29 BILLION VERSUS EUR 16.59 BILLION AT END-DEC.CONFIRMS SEES NET PROFIT IN 2019 WILL BE HIGHER THAN 2018, PAYOUT RATIO AT 80 PERCENT.IN 2019, THE GROUP'S NET INCOME IS EXPECTED TO GROW COMPARED WITH 2018.  Full Article

Intesa Sanpaolo will not invest any more money on Carige - CEO
Tuesday, 30 Apr 2019 11:12am EDT 

April 30 (Reuters) - Intesa Sanpaolo's Chief executive Carlo Messina says::BANK WILL NOT INVEST ANY MORE MONEY ON CARIGE AFTER WRITING DOWN IN FULL BOND INVESTMENT, WILL HAVE NO DIRECT INVOLVEMENT.BANK DOES NOT SEE POSSIBLE SYNERGIES FROM MERGERS WITH OTHER EUROPEAN GROUPS.BANK DOES NOT NEED TO TIE-UP WITH OTHER GROUPS IN ITALY.  Full Article

Intesa Sanpaolo not studying banking mergers in Europe - CEO
Tuesday, 30 Apr 2019 07:21am EDT 

April 30 (Reuters) - Intesa Sanpaolo CEO Carlo Messina tells annual general meeting in Turin::NOT STUDYING BANKING MERGERS IN EUROPE.  Full Article

Intesa Sanpaolo confirms higher 2019 net profit goal - CEO
Tuesday, 30 Apr 2019 04:58am EDT 

April 30 (Reuters) - Intesa Sanpaolo CEO Carlo Messina tells annual general meeting in Turin::CONFIRMS TARGET OF HIGHER 2019 NET PROFIT DESPITE "VERY DIFFICULT" MARKET BACKGROUND.  Full Article

Intesa Sanpaolo s'holder foundation seeks re-confirmation of CEO, chairman in board renewal
Wednesday, 27 Mar 2019 12:44pm EDT 

March 27 (Reuters) - Intesa Sanpaolo shareholder foundation says::PRESENTS ITS LIST FOR BOARD RENEWAL, SEEKS CONFIRMATION OF CEO AND CHAIRMAN.  Full Article

Intesa says in exclusive talks with Prelios on possible UTP loan deal
Tuesday, 26 Mar 2019 04:09am EDT 

March 26 (Reuters) - Intesa Sanpaolo says::HAS SIGNED NON-BINDING AGREEMENT WITH PRELIOS, GRANTING PERIOD OF EXCLUSIVE TALKS WITH VIEW TO POSSIBLY FORM STRATEGIC PARTNERSHIP TO OPTIMISE MANAGEMENT OF UNLIKELY-TO-PAY LOANS.ANY POTENTIAL DEAL WITH PRELIOS ON UTP LOANS WILL NOT AFFECT STRATEGIC PARTNERSHIP ALREADY FORMED WITH INTRUM IN RESPECT OF BAD LOANS.  Full Article

Intesa booked full impairment on Carige's subordinated bond in Q4
Tuesday, 5 Feb 2019 09:19am EST 

Feb 5 (Reuters) - Intesa Sanpaolo CEO Carlo Messina tells analyst call::BOOKED FULL IMPAIRMENT ON BANK'S CONTRIBUTION TO CARIGE'S SUBORDINATED BOND.SLIDE SHOWS HIT AMOUNTS TO 54 MLN EUROS (80 MLN EUROS PRE-TAX).  Full Article

Intesa adds 2 bln euros in Italian govt bonds in Q4, cuts duration
Tuesday, 5 Feb 2019 08:17am EST 

Feb 5 (Reuters) - Intesa Sanpaolo says in presentation slides::BANKING BUSINESS' ITALIAN GOVERNMENT BOND PORTFOLIO 30.19 BILLION EUROS AT END-2018 WITH 4.4 YEAR DURATION VERSUS 28.13 BILLION EUROS (4.8 YEAR DURATION) AT END-SEPT.  Full Article

Intesa Sanpaolo FY Net Profit At EUR 4.05 Bln
Tuesday, 5 Feb 2019 07:24am EST 

Feb 5 (Reuters) - Intesa Sanpaolo SpA ::FY NET PROFIT EUR 4.05 BILLION.PROPOSES DIVIDEND OF EUR 3.45 BILLION ON 2018 RESULTS.Q4 FEES EUR 1.96 BILLION VERSUS EUR 1.92 BILLION IN Q3.Q4 NET PROFIT EUR 1.04 BILLION VERSUS EUR 1.01 BILLION IN REFINITIV SMARTESTIMATE.Q4 OPERATING INCOME EUR 4.19 BILLION VERSUS EUR 4.27 BILLION IN Q3.NON-PERFORMING LOAN RATIO AT END-DEC AT 8.8 PERCENT VERSUS 9.2 PERCENT AT END-SEPT.PRO-FORMA FULLY-LOADED CET1 RATIO 13.6 AT END-DEC VERSUS 13.7 PERCENT AT END-SEPT.Q4 LOAN WRITEDOWNS EUR 698 MILLION VERSUS EUR 519 MILLION IN Q3.FULLY LOADED CET1 RATIO AT END-DEC 13.6% PRO-FORMA VERSUS 13.7 PERCENT AT END-SEPT.SAYS IT SEES INCREASED NET INCOME IN 2019 VERSUS 2018.TOTAL NON-PERFORMING LOANS AT END-DEC AMOUNTED - NET OF ADJUSTMENTS - TO €16.591 MILLION.PROPOSES DIVIDEND DISTRIBUTION OF 19.7 EURO CENTS PER SHARE, BEFORE TAX.2019 DIVIDEND POLICY ENVISAGES DISTRIBUTION OF CASH DIVIDENDS CORRESPONDING TO PAYOUT RATIO OF 80%.NPL CASH COVERAGE RATIO OF 54.5% AT THE END OF DECEMBER 2018.  Full Article

Intesa CEO calls on Italian govt to avert EU action over rising debt

ROME, June 12 The head of Intesa Sanpaolo , Italy's biggest retail bank, called on the Italian government on Wednesday to avert a fresh clash with the European Union over the country's worsening public finances.