ISP.MI - Intesa Sanpaolo S.p.A.

Milan - Milan Delayed Price. Currency in EUR
1.9820
+0.0086 (+0.44%)
At close: 5:36PM CET
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Previous Close1.9734
Open1.9936
Bid1.976 x 0
Ask2.000 x 0
Day's Range1.9762 - 2.0015
52 Week Range1.8620 - 3.2300
Volume98,270,066
Avg. Volume131,414,380
Market Cap34.683B
Beta (3Y Monthly)1.56
PE Ratio (TTM)7.62
EPS (TTM)0.260
Earnings DateFeb 4, 2019 - Feb 8, 2019
Forward Dividend & Yield0.20 (10.58%)
Ex-Dividend Date2018-05-21
1y Target Est2.61
  • Reuters2 days ago

    Italy government must reduce debt, protect savings - Intesa SP CEO

    The Italian government must work to reduce its public debt in order to protect people's savings, the CEO of the country's biggest commercial lender Intesa Sanpaolo (ISP.MI) said. The European Commission has rejected Rome's draft budget, which says the deficit will rise to 2.4 percent of gross domestic product next year from 1.8 percent this year. Brussels says it violates previous commitments to reduce borrowing and will not lower Italy's large public debt.

  • Thomson Reuters StreetEvents6 days ago

    Edited Transcript of ISP.MI earnings conference call or presentation 6-Nov-18 2:00pm GMT

    Q3 2018 Intesa Sanpaolo SpA Earnings Call

  • Investing.com10 days ago

    MarketPulse Europe: Deutsche Bank's Legal Woes Drag Financial Stocks Lower

    Investing.com - The European financial sector was on the backfoot in midday trade on Thursday, as Deutsche Bank shares approached their lowest level on record amid news that German police conducted a search of its offices on money laundering allegations.

  • Reuters11 days ago

    Pimco buys all of $3 bln UniCredit bond - sources

    MILAN/NEW YORK, Nov 28 (Reuters) - U.S. fund Pacific Investment Management Co (Pimco) has bought all of a $3 billion, five-year bond offered with a hefty return by Italy's top bank UniCredit to comply with capital buffer rules, two sources familiar with the matter said. In comments to the Financial Times, UniCredit Chief Executive Jean Pierre Mustier said the price of the issue was "not ideal" but was worth it to secure demand at a time when Italian banks are under siege due to the government's battle with European authorities over next year's budget. UniCredit is Italy's only globally systemically important bank and as such is subject to rules that require lenders to issue securities that can be written down or converted into equity to cover potential losses.

  • Telecoms, banks lift European shares in post-Thanksgiving rally
    Reuters13 days ago

    Telecoms, banks lift European shares in post-Thanksgiving rally

    European shares closed higher on Monday after new-found optimism on Italy's budget tug-of-war with Brussels lifted shares in Milan while speculation about further mergers and acquisitions in telecoms boosted stocks in the sector. A strong open on Wall Street amid expectations of blockbuster sales on the largest online shopping day of the year combined with a rebound in oil prices also helped indexes make gains across the board. The pan-European STOXX 600 climbed 1.2 percent and Italy's FTSE MIB (.FTMIB) led the way with a 2.8 percent jump.

  • Investing.com18 days ago

    MarketPulse Europe: Italian Banks Outperform on Budget Hopes

    Investing.com - Italian bank stocks were some of the best performers in European midday trade on Wednesday, buoyed by reports that Italy may be open to reviewing its draft budget for 2019.

  • Reuters23 days ago

    Albania's Union Bank buys Malaysian-owned ICBank

    Union Bank, Albania's eighth biggest bank, has bought the smaller Malaysian-owned International Commercial Bank (ICBank), the Albanian central bank told Reuters on Friday. The parties signed the contract last week, and have filed for approval with the Bank of Albania, the central bank, which confirmed to Reuters it had received their request to approve the sale. The Malaysian-owned International Commercial Bank was licensed in January 1997, just before the collapse of pyramid money scams in Albania which depleted bank deposits and sparked protests leading to six months of anarchy and violence.

  • Europe Stocks Fall Back as Traders Turn Cautious on Brexit Deal
    Bloomberg26 days ago

    Europe Stocks Fall Back as Traders Turn Cautious on Brexit Deal

    The Stoxx Europe 600 was down 0.8 percent, with oil & gas and basic resources in the bottom of the list. “Market participants are cautious regarding the U.K.-EU Brexit agreement as such an agreement is likely to have come at relatively high price for U.K. and more likely there is going to be a tug of war to have the Cabinet endorse it,” said Stephane Ekolo, equity strategist at TFS Derivatives. Elsewhere, Italian banks including UniCredit SpA and Intesa Sanpaolo SpA were again in focus after Rome submitted a marginally revised budget, defying EU demands to lower its deficit target.

  • Exclusive: Russian state bank secretly financed Rosneft sale after foreign buyers balked
    Reuterslast month

    Exclusive: Russian state bank secretly financed Rosneft sale after foreign buyers balked

    MOSCOW/LONDON (Reuters) - It was billed as the deal that proved Russia remained open for business. "I want to congratulate you", Russian President Vladimir Putin told his trusted ally Igor Sechin, after greeting him with a warm handshake in the Kremlin in December, 2016. Sechin had just announced the sale to Qatar's sovereign wealth fund and giant commodity trader Glencore of a 19.5 percent stake in Rosneft, the state oil giant that he runs.

  • Reuterslast month

    Exclusive: Russian state bank secretly financed Rosneft sale after foreign buyers baulked

    MOSCOW/LONDON (Reuters) - It was billed as the deal that proved Russia remained open for business. "I want to congratulate you", Russian President Vladimir Putin told his trusted ally Igor Sechin, after greeting him with a warm handshake in the Kremlin in December, 2016. Sechin had just announced the sale to Qatar's sovereign wealth fund and giant commodity trader Glencore of a 19.5 percent stake in Rosneft, the state oil giant that he runs.

  • Associated Presslast month

    Italian bank Intesa weathers EU budget storm, profits up

    Italian bank Intesa SanPaolo on Tuesday reported that its third-quarter profits rose 28 percent, mostly due to accounting changes to reflect the acquisition last year of two failing regional banks. The bank's net income was 833 million euros ($952 million) in the three months ending Sept. 30. The bank said it is on track to deliver 2018 net income higher than last year's 3.8 billion euros.

  • The Zacks Analyst Blog Highlights: Barclays, Lloyds Banking Group, Deutsche Bank, UniCredit S.p.A. and Intesa Sanpaolo
    Zackslast month

    The Zacks Analyst Blog Highlights: Barclays, Lloyds Banking Group, Deutsche Bank, UniCredit S.p.A. and Intesa Sanpaolo

    The Zacks Analyst Blog Highlights: Barclays, Lloyds Banking Group, Deutsche Bank, UniCredit S.p.A. and Intesa Sanpaolo

  • CNBClast month

    Italian bank stocks slip as stress-test results, Goldman Sachs downgrade weigh

    Intesa Sanpaolo's shares got further hit, down 2.2 percent on the back of a Goldman Sachs downgrade on Friday. The yield on the 10-year Italian paper rose on Monday, showing that Italy remains a top worry for investors. The Italian banking system came under pressure on Monday morning, after shares in the country's largest four lenders fell despite an overall positive result in the latest stress tests conducted by the European Banking Authority (EBA).

  • Goldman downgrade overshadows Italian bank Intesa's strong stress test
    Reuterslast month

    Goldman downgrade overshadows Italian bank Intesa's strong stress test

    Italian banking shares fell on Monday, with a Goldman Sachs downgrade on Italy's top retail bank Intesa SanPaolo (ISP.MI) outweighing its strong performance in European regulatory tests. A spike in Rome's borrowing costs has thrust Italian banks into the spotlight, cutting the value of their large sovereign holdings and eroding their capital reserves. Despite the heightened concerns, the four Italian banks tested by the European Banking Authority in a health check of the sector fared in line with the European average of the 48 banks surveyed under the so-called adverse scenario.

  • Reuterslast month

    Britain's Barclays, Lloyds shock in EU bank stress test

    Britain's Barclays (BARC.L) and Lloyds (LLOY.L) were the surprise laggards in a European Union bank health check on Friday, although none of the 48 lenders tested failed a major capital threshold. The EU's banking watchdog published results on Friday for its toughest "stress test" since 2009, when it began the exercise to identify capital holes and avoid any repeat of the government bailouts triggered by the 2008 financial crisis. The latest test measured banks' ability to withstand theoretical market shocks like a rise in political uncertainty against a backdrop of plunging economic growth, a disorderly Brexit or a sell-off in government bonds and property.

  • Reuterslast month

    Europe's top banks in EU stress test spotlight

    Europe's top banks will learn on Friday how they have fared in their latest stress test, which could require some to raise capital or shed assets, with Italian lenders expected to come under close scrutiny. The European Banking Authority (EBA), the European Union's banking watchdog, is due to publish the results of 48 banks at 1700 GMT, in what is being touted as its toughest test since the exercise began in 2009. As well as the Italian banks, analysts expect Deutsche Bank, Germany's biggest lender, to be closely watched after three years of losses.

  • Reuterslast month

    European banks braced for fallout from EU stress tests

    Italian banks are expected to be in focus again when results of the latest stress test of top European lenders are released this week, a health check that could force laggards to raise capital or ditch assets. The closely watched test of 48 banks across the European Union will be published by the European Banking Authority (EBA), the bloc's banking watchdog, at 1700 GMT on Friday. It is being touted as EBA's toughest test since the exercise was introduced in 2009 to identify any capital holes and ensure taxpayer rescues like those seen during the financial crisis a decade ago are not needed in future.

  • Reuterslast month

    Italian families, firms feel heat of rising bank loan costs

    Italy's banks are charging households and businesses more to borrow after a fall in the value of the country's bonds, the first sign of a credit tightening that could disrupt the populist government's economic revival plans. Investors have been dumping Italian assets since the formation in June of a coalition government whose draft 2019 budget plan this month prompted Moody's to cut Italy's credit rating and the European Commission to demand a revision. Data reviewed by Reuters shows interest rates on mortgages and loans are creeping higher, while some firms say banks are demanding repayment as falling government bond prices eat into their capital and rising yields lift funding costs.

  • Moody's2 months ago

    Unione di Banche Italiane S.p.A. - Mortgage Covered Bonds -- Moody's takes multiple actions on Italian covered bonds

    Moody's Investors Service ("Moody's") has today downgraded the ratings of 9 Italian covered bond programmes and placed on review for downgrade the ratings of Intesa Sanpaolo Spa - Public-Sector Covered Bonds. As a result of this downgrade, the Italian covered bond ratings are now capped at Italy's local currency bond ceiling of Aa3. Following the downgrade of Italy's sovereign rating, the Counterparty Risk (CR) Assessments of 3 covered bond issuers were also downgraded.

  • BlackRock talks on Intesa asset management tie-up cool but not off: sources
    Reuters2 months ago

    BlackRock talks on Intesa asset management tie-up cool but not off: sources

    Talks between BlackRock (BLK.N) and Intesa Sanpaolo (ISP.MI) over an asset management tie-up have slowed due to political uncertainty, but the deal is not yet off, two sources familiar with the matter said on Wednesday. BlackRock has been in talks with Intesa for more than a year to buy a minority stake in asset management unit Eurizon in a deal that would give it access to the Italian lender's distribution network.

  • Moody's2 months ago

    Intesa Sanpaolo S.p.A., London Branch -- Moody's takes action on 12 Italian financial institutions

    Moody's Investors Service ("Moody's") today took rating actions on 12 Italian financial institutions. The rating agency downgraded the long-term deposit ratings and/or the Counterparty Risk Ratings ...

  • Italian rating relief short lived as European shares turn lower
    Reuters2 months ago

    Italian rating relief short lived as European shares turn lower

    European shares fell at the end of a choppy trading session on Monday, as relief over Moody's decision to keep Italy's sovereign rating outlook stable proved short lived and the focus turned to Europe's response to Rome's budget plans. The European benchmark index had risen as much as 0.7 percent in early deals after the agency on Friday kept Italy's outlook at "stable" even as it cut the country's rating to one notch above junk status, because of concerns over government budget plans.