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

Milan - Milan Delayed Price. Currency in EUR
+0.0405 (+1.3077%)
At close: 5:41PM CET
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Previous Close3.0970
Bid3.0600 x 669160900
Ask3.1000 x 483193400
Day's Range3.1115 - 3.1470
52 Week Range2.0640 - 3.1935
Avg. Volume77,711,780
Market Cap52.782B
PE Ratio (TTM)7.79
EPS (TTM)0.4030
Earnings DateMay 8, 2018
Forward Dividend & Yield0.18 (5.81%)
Ex-Dividend Date2017-05-22
1y Target Est3.41
  • Intesa CEO Says Italy's Real Economy Is Recovering
    Bloomberg Video26 days ago

    Intesa CEO Says Italy's Real Economy Is Recovering

    Jan.24 -- Carlo Messina, chief executive officer at Intesa Sanpaolo, discusses the outlook for Italy, opportunities in China, and overall global economic growth. He speaks with Bloomberg's Francine Lacqua on "Bloomberg Markets: European Open" at the World Economic Forum's annual meeting in Davos, Switzerland.

  • Moody's2 days ago

    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 ...

  • Bloomberg3 days ago

    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.

  • Reuters4 days ago

    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.

  • Reuters9 days ago

    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.

  • Italy's Largest Bank Wins Blue Chip Crown in Equities Selloff
    Bloomberg11 days ago

    Italy's Largest Bank Wins Blue Chip Crown in Equities Selloff

    One upshot of the global equities selloff is that Italy has a new biggest company by market value.

  • Reuters12 days ago

    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 Press13 days ago

    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.

  • Reuters23 days 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.

  • Reuters26 days 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.

  • Reuterslast month

    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 Journallast month

    [$$] 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.

  • Reuterslast month

    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.

  • Reuterslast month

    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's2 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
    Bloomberg2 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 ...

  • Reuters2 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 ...

  • Reuters2 months ago

    Deals of the day-Mergers and acquisitions

    ** Unilever has agreed to sell its margarine and spreads business to U.S. private equity firm KKR for 6.83 billion euros ($8.04 billion) to concentrate on faster growing products. ** China's top oil and gas company CNPC is considering taking over Total's stake in a giant Iranian gas project if the French company leaves Iran to comply with any new U.S. sanctions, industry sources said. ** South African tycoon Christo Wiese called off plans to sell his stake in grocer Shoprite to Steinhoff's African arm, a day after he resigned from Steinhoff's board in the midst of an accounting scandal.

  • Reuters2 months ago

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

    Italy's state holding company CDP and Intesa Sanpaolo have signed a non-binding agreement to join ArcelorMittal's bid to buy Italian steelmaker Ilva, a source close to the matter said on Friday. The involvement of CDP and Intesa, which the source said would amount to about 100 million euros ($118 million), would replace the share in the consortium currently held by Italian steel processor Marcegaglia. EU antitrust authorities in November upgraded their investigation into whether the proposed purchase of Ilva by the consortium led by ArcelorMittal, the world's biggest steelmaker, would lead to steel price hikes.

  • Moody's2 months ago

    Commercial International Bank (Egypt) SAE -- Moody's affirms B3 local-currency deposit ratings of Egyptian banks, stable outlook maintained

    Rating Action: Moody's affirms B3 local-currency deposit ratings of Egyptian banks, stable outlook maintained. Global Credit Research- 12 Dec 2017. Limassol, December 12, 2017-- Moody's Investors Service, ...

  • Moody's2 months ago

    BRERA SEC S.R.L. -- Moody's assigns definitive rating to Italian RMBS notes issued by Brera Sec S.r.l.

    Rating Action: Moody's assigns definitive rating to Italian RMBS notes issued by Brera Sec S.r.l. Global Credit Research- 11 Dec 2017. Milan, December 11, 2017-- Moody's Investors Service has today assigned ...

  • Intesa Sanpaolo SpA breached its 50 day moving average in a Bullish Manner : ISP-IT : December 11, 2017
    Capital Cube2 months ago

    Intesa Sanpaolo SpA breached its 50 day moving average in a Bullish Manner : ISP-IT : December 11, 2017

    Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Intesa Sanpaolo SpA. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bullish ... Read more (Read more...)

  • Reuters2 months ago

    Comeback in banks, tech lifts euro zone stocks as Steinhoff collapses

    European shares edged up on Thursday as financial and tech stocks recovered, while troubled furniture retailer Steinhoff sank further, stung by an accounting scandal. Euro zone stocks once again performed better than the broader pan-European STOXX 600 index as UK stocks slipped. "In the world, the sector with the biggest potential to grow from here in earnings is probably continental European banks," said Kevin Gardiner, global investment strategist at Rothschild Wealth.

  • Reuters3 months ago

    Intesa CEO warns of Bitcoin 'bubble', urges global regulation: TV

    The head of Italy's top retail bank Intesa Sanpaolo (ISP.MI) joined a growing chorus of Bitcoin critics, calling the wild gyrations in the price of the cryptocurrency a speculative bubble and saying global regulatory scrutiny was essential. "There is no doubt it's a speculative bubble, when a currency goes from $1,000 to $10,000 in the space of a year the fluctuation is absolutely speculative," Intesa CEO Carlo Messina told the TG5 news programme on Friday. Bitcoin rebounded on Friday to hit the day's highs above $10,500, recovering from an earlier dip below $9,500, after the U.S. derivatives regulator said it would allow CME Group (CME.O) and CBOE Global Markets (CBOE.O) to list bitcoin futures.