Intesa Sanpaolo S.p.A.

€6.18As of Sun 8 Nov 2026, 12:00 UTC

BIT:ISPFinancials

Country Italy

PE (Fwd) •••

TSR 10Y CAGR 19.03%

Div yield 7.12%

ROTE 14.49%

Banks (Regional)

Beta (5Y) 0.82

PE TTM 10.98

TSR TTM 18.50%

Mkt cap €106.8B

NIM —

SE Grade™

Value

Quality

Moat

Consensus

Reference

€7.12

15.33%

(74.02%)

Hold 10|7|1|9|8

TTM

FYE 31 Dec EUR

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

35.63

Revenue€B

28.63

30.18

31.84

32.83

33.87

35.48

36.95

37.73

38.12

39.70

36.55

3.23%

3.43%

23.32

Revenue growth%

12.11

12.52

12.06

14.54

16.14

17.01

14.61

14.41

11.69

11.64

29.97

14.41

13.46

4.31

NIM%

25.37

24.12

24.76

26.73

25.49

25.68

24.49

21.85

18.99

21.78

10.39

21.85

24.62

17.80

Effic. R.%

23.28

23.00

20.94

23.85

22.10

22.00

20.57

20.77

21.46

20.39

7.32

20.77

21.73

29.23

Net margin%

7.94

6.96

6.17

4.46

7.27

7.91

6.67

9.30

9.18

9.54

15.48

9.18

7.59

37.60

P/E ratio (avg)x

14.34

13.95

16.75

18.80

21.03

21.30

25.44

25.08

29.32

31.96

12.72

25.44

21.16

35.37

P/TBVx

54.34

61.76

71.93

83.35

79.82

86.88

88.57

95.80

105.5

115.8

19.89

95.80

85.11

23.61

P/Bx

35.55

36.05

38.81

38.19

39.13

38.31

37.69

35.96

39.04

35.78

27.47

37.69

37.94

42.91

NII€B

22.01

23.14

24.65

25.12

25.86

27.42

28.46

28.93

29.80

30.36

31.81

3.26%

3.28%

—

2.97

NII grth%

2.34

0.40

3.36

6.17

6.23

6.17

9.00

8.50

9.63

12.50

4.78

9.00

6.20

29.45

ROTE%

11.25

8.76

9.31

10.95

10.93

12.67

11.36

9.07

9.34

10.77

14.51

10.77

10.85

29.64

Return on equity%

21.32

19.17

19.92

20.04

22.93

23.63

21.70

21.02

23.14

22.11

16.28

22.11

21.51

2.71

Return on assets%

17.25

14.42

11.98

11.97

9.79

10.88

13.68

12.26

9.54

6.76

3.11

10.88

11.97

0.65

EPS€

0.19

0.20

0.21

0.19

0.20

0.21

0.20

0.22

0.23

0.22

0.67

1.63%

0.28%

—

23.19

EPS growth%

13.21

11.93

13.16

14.73

12.82

12.19

12.82

14.86

13.68

13.83

27.28

13.68

13.19

0.78

Bookvalue per sh€

0.35

0.37

0.35

0.33

0.34

0.35

0.34

0.39

0.42

1.45

5.24%

1.19%

—

0.92

TBV/sh€

0.94

1.05

1.01

1.07

1.00

0.92

0.94

1.01

1.13

1.16

0.32

3.06%

3.37%

—

1.30

Dividend per sh€

1.35

1.44

1.65

1.73

1.76

1.67

1.78

1.67

1.75

1.88

0.27

1.28%

4.92%

—

5.09

Div yield (avg)%

10.45

11.28

10.12

8.00

5.77

4.77

7.34

8.20

6.57

5.81

16.35

6.57

7.67

19.06

Payout ratio%

28.65

28.60

31.21

33.85

36.81

37.39

38.28

40.54

39.41

40.85

23.29

39.41

37.10

16.84

Shares (diluted)B

28.37

30.70

34.03

40.35

40.53

42.42

49.69

53.21

53.24

64.06

17.11

9.59%

10.33%

22.53

Buyback yield%

5.20

7.61

7.48

5.59

6.40

9.14

9.09

6.46

4.45

1.68

27.18

6.46

6.43

35.26

Eq/Assets%

214.21

231.52

224.84

262.77

252.65

298.33

316.42

358.39

406.16

485.44

170.12

358.39

280.55

11.88

Assets€B

181.1

199.8

229.4

243.6

268.4

288.0

311.4

340.5

372.0

408.7

5.084

8.77%

9.57%

39.89

LT debt€B

13.58

13.86

15.57

18.03

18.98

18.26

20.50

21.11

24.45

27.99

23.13

8.08%

8.40%

Peers (US$119.9B)

Cap (US$)

UniCredit S.p.A.

129.2B

10.91x

Banca Monte dei Paschi…

38.39B

11.39x

BPER Banca SpA

30.24B

11.54x

ICICI Bank Limited

120.1B

19.30x

Capital

TTM

10Y

Tang eq%

125.59

1.80

1.87

LT debt%

335.76

6.57

6.82

Cash%

318.65

16.84

16.93

Sh yield%

27.62

13.92

14.29

Owners

Insiders/Inst%

14.89

88.71

Short interest%

2.99

SBC / revenue%

4.86

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

ROE range%

19–24

$1 testx

—

Incr. ROIC%

—

Intesa Sanpaolo S.p.A. provides financial products and services in Italy, Central/Eastern Europe, the Middle East and North Africa, offering lending and deposits, commercial, corporate and investment banking, life and non-life insurance, asset and wealth management, leasing, factoring and digital banking. It serves individuals, SMEs, corporates, financial institutions, public administration and private clients.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Total assets

€408.7B

9.57%

1.78×

Revenue

€39.70B

3.43%

1.00×

Non-interest expense

€17.92B

3.26%

0.98×