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

Milan - Milan Delayed Price. Currency in EUR
+0.019 (+0.625%)
At close: 5:36PM CET
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Previous Close3.040
Bid3.059 x 0
Ask3.078 x 0
Day's Range3.041 - 3.078
52 Week Range2.388 - 3.230
Avg. Volume92,904,129
Market Cap51.46B
PE Ratio (TTM)7.59
EPS (TTM)0.403
Earnings DateMay 8, 2018
Forward Dividend & Yield0.20 (6.68%)
Ex-Dividend Date2018-05-21
1y Target Est3.47
  • Three Important Risks For Intesa Sanpaolo Sp.A. (BIT:ISP) You Should Know
    Simply Wall St.9 days ago

    Three Important Risks For Intesa Sanpaolo Sp.A. (BIT:ISP) You Should Know

    With a €51.14B market capitalisation, Intesa Sanpaolo Sp.A. (BIT:ISP) falls in the large, commercial bank category. A common risk large financial institutions face is credit risk, measured by the levelRead More...

  • GuruFocus.com14 days ago

    5 Italian Stocks Gurus Hold as Country's Markets Swoon

    Elections bring some turbulence and possible opportunity

  • Bloomberg26 days ago

    Intesa Wants to Issue More Debt in Asia to Diversify Funding

    Intesa Sanpaolo SpA will offer more debt in Asia to diversify its funding sources, after becoming the first Italian company to issue syndicated bonds in Japanese yen this week, according to its chief financial ...

  • Intesa Sanpaolo to refinance 11 billion euros in bonds this year - CFO
    Reuters27 days ago

    Intesa Sanpaolo to refinance 11 billion euros in bonds this year - CFO

    Intesa Sanpaolo (ISP.MI) is planning to refinance in full 11 billion euros (9.74 billion pounds)in wholesale bonds coming to maturity in 2018, the chief financial officer of Italy's biggest retail bank said on Thursday. Stefano Del Punta told Reuters in a phone interview the bank did not have large refinancing needs this year, as it was still relying on cheap funding provided by the European Central Bank. "Our aim is to keep investors in Europe, United States and Asia interested in our debt," he said, after Intesa Sanpaolo sold a four-tranche bond in yen worth around 350 million euros.

  • Dalio Will Lose on European Bank ‘Big Short,’ Algebris CEO Says
    Bloomberglast month

    Dalio Will Lose on European Bank ‘Big Short,’ Algebris CEO Says

    Billionaire Ray Dalio’s “big short” bet against Italian banks will cost him dear, according to Algebris Investments Chief Executive Officer Davide Serra.

  • Reuterslast month

    Italian dairy firm Granarolo buys British distributor Midland Food

    MILAN (Reuters) - Italy's Granarolo acquired British food distributor and e-commerce operator Midland Food Group in a move that will make the country its third-biggest market, the dairy group said. ** ...

  • Moody'slast month

    Intesa Sanpaolo S.p.A., New York Branch -- Moody's affirms Intesa Sanpaolo's ratings

    Moody's Investors Service ("Moody's") today affirmed the baa3 baseline credit assessment (BCA) and all ratings and assessments of Intesa Sanpaolo S.p.A. (Intesa Sanpaolo), maintained a negative ...

  • Bloomberglast month

    Intrum Is Said to Seek Partner for $15 Billion Intesa Bad Loans

    Intrum Justitia AB is seeking a partner to buy a 12.1 billion-euro ($15.1 billion) portfolio of bad loans from Intesa Sanpaolo SpA, according to people with knowledge of the matter.

  • Reuterslast month

    Italy's Creval prices 700 million euro new share issue

    Mid-sized lender Creval (PCVI.MI) will offer new shares at 0.10 euros each from Monday, in a 700 million euro (621.89 million pounds) offer that will test investor demand for Italian banks ahead of a general election. Italy's banking sector is restructuring after the country's deep economic slump. Under regulatory pressure to shed 324 billion euros in soured loans still sitting on their books three years after the recession ended, Italian banks have been raising capital to be able to write them down and sell them off.

  • Reuterslast month

    Intesa chairman says sale of bad loan unit won't take long

    Intesa SanPaolo expects a partial sale of its debt collection unit won't take long and looks with particular interest at Sweden's Intrum Justitia, though China's CEFC is also interested, the Italian bank's chairman said. Bowing to regulatory pressure to speed up the reduction of bad debts, Intesa is looking to sell a majority stake in its bad loan unit together with a large portfolio of soured loans. "It won't take long ... we're confident though it's a complex operation," Chairman Gian Maria Gros-Pietro said on the sidelines of the Assiom-Forex banking conference.

  • Thomson Reuters StreetEventslast month

    Edited Transcript of ISP.MI earnings conference call or presentation 6-Feb-18 9:00am GMT

    Full Year 2017 Intesa Sanpaolo SpA Earnings & Business Plan Call

  • Reuterslast month

    Intesa Sanpaolo to halve soured debts under new plan

    Italy's Intesa SanPaolo (ISP.MI) pledged to halve soured loans under a new four-year plan to tackle its "only weak spot", while also rapidly increasing revenue and cutting costs to cement its position as one of Europe's most profitable banks. First among Italian banks to switch away from their traditional lending activity, Intesa has successfully built a business model centred on fees earned through asset management and insurance. Chief Executive Carlo Messina said on Tuesday the bank would seek a partnership with a global player in asset management this year, but aimed to retain majority ownership of the business.

  • Associated Presslast month

    Italian bank Intesa lays out ambitious recovery plan

    MILAN (AP) — Italian bank Intesa SanPaolo says that it will consider partnership with a big asset manager as part of it new five-year business plan.

  • Reuters2 months ago

    Intesa Sanpaolo says dismayed about possible involvement in judicial case

    Intesa Sanpaolo (ISP.MI) said on Friday it learnt "with dismay" that it could be brought into judicial proceedings against Veneto Banca, a lender it purchased last year. Intesa, Italy's biggest retail bank, took over the good assets of Veneto Banca and Popolare di Vicenza for a symbolic price of one euro in 2017. In an emailed statement, Intesa said it had bought only certain assets of Veneto Banca and Popolare di Vicenza, and the acquisition had nothing to do with events of the past.

  • Reuters2 months ago

    Intesa Sanpaolo's top priority in plan is cutting bad loans - CEO

    The top priority in Intesa Sanpaolo's (ISP.MI) new business plan will be cutting the Italian bank's exposure to non-performing loans, Chief Executive Carlo Messina said on Tuesday. "We are ready to present a new plan which will increase value creation for the group and priority number one will be reducing the stock of non performing loans," Messina told Reuters TV at the World Economic Forum in Davos. Italy's biggest retail lender is due to present its business plan on Feb. 6.

  • Reuters2 months ago

    ECB's Nouy 'inflexible' in meeting with Italian banks - sources

    The European Central Bank's Chief Supervisor Daniele Nouy was "inflexible" at a meeting with Italian lenders on Wednesday where topics such as bad loans were discussed, two sources with knowledge of the matter said. Italian banks piled up soured loans in a deep recession and are struggling to get rid of them as a clogged judicial system hampers recoveries and sales can only be carried out at a loss. The Bank of Italy spoke of a "very constructive and useful exchange of views" in a statement issued after the meetings that Nouy held with domestic supervisors, top executives from Italy's bigger banks and the national banking association.

  • The Wall Street Journal2 months ago

    [$$] Eurozone Periphery Bonds to Underperform vs Core in 2018: Intesa

    Intesa Sanpaolo continues to hold to its view that government bonds from the eurozone’s periphery will underperform those of core eurozone states in 2018 in a global repricing.

  • Reuters2 months ago

    Intesa's sale of bad loan unit could encourage other Italian banks - sources

    Intesa Sanpaolo's (ISP.MI) shift in strategy to sell part of its prized bad loan unit could prompt other Italian banks to follow suit with Banco BPM (BAMI.MI) and UBI (UBI.MI) seen as possible candidates, industry and financial sources said. Intesa, which had bet on recovering its problematic loans internally, said last week it was in talks with Scandinavian debt collector Intrum Justitia (INTRUM.ST) on a possible sale of its collection business and a chunk of its 53.6 billion euros ($66 billion) in soured debts. Sources familiar with the matter said the business has been valued at about 500 million euros ($612 million), a price tag that broker Equita SIM termed a "once in a lifetime" opportunity.

  • Reuters2 months ago

    Intesa's change of plan on bad loans driven by ECB tough line - sources

    Intesa Sanpaolo's (ISP.MI) sudden change of plan for tackling bad debts was driven by the European Central Bank's tough line on problem loans, sources familiar with the matter said. Intesa on Wednesday said it was in talks on a possible sale of its debt collection business and a bad loan portfolio to Swedish credit servicing group Intrum Justitia (INTRUM.ST). This marked a change of direction for Intesa, which had been tackling bad debts in-house to boost recoveries and avoid sales that are normally done at a loss and burn through capital.

  • Moody's3 months ago

    Nuovo Trasporto Viaggiatori S.p.A. -- Moody's withdraws NTV's B1 rating

    Rating Action: Moody's withdraws NTV's B1 rating. Global Credit Research- 21 Dec 2017. Milan, December 21, 2017-- Moody's Investors Service has today withdrawn the Italian railway operator Nuovo Trasporto ...

  • Intesa Sees $800 Million of Savings After Job Reductions
    Bloomberg3 months ago

    Intesa Sees $800 Million of Savings After Job Reductions

    Intesa Sanpaolo SpA said it expects to cut annual expenses by about 675 million euros ($800 million) starting in 2021 through job reductions that follow its acquisition of two failed banks from the Veneto ...

  • Reuters3 months ago

    Italy's CDP, Intesa set for role in ArcelorMittal bid for Ilva: source

    ROME (Reuters) - Italy's state holding company CDP and Intesa Sanpaolo (ISP.MI) have signed a non-binding agreement to join ArcelorMittal's (MT.AS) bid to buy Italian steelmaker Ilva, a source ...