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Intesa Sanpaolo S.p.A. (ISP.MI)

Milan - Milan Delayed price. Currency in EUR
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3.3630+0.0150 (+0.45%)
At close: 05:38PM CET
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Previous close3.3480
Open3.3555
Bid3.3550 x 0
Ask3.3680 x 0
Day's range3.3490 - 3.3795
52-week range2.1330 - 3.3795
Volume99,299,036
Avg. volume92,046,897
Market cap61.398B
Beta (5Y monthly)1.33
PE ratio (TTM)8.01
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield0.30 (8.84%)
Ex-dividend date20 May 2024
1y target estN/A
  • Reuters

    Intesa books 66 million euros impairment on Intrum venture

    Intesa Sanpaolo has booked an impairment on its joint venture with Sweden's Intrum, Europe's biggest debt collector, in a move that highlights the challenges facing the bad loan recovery industry. In its full year report, Intesa said it had reduced by 66 million euros ($71 million) the book value of its stake in the joint venture it struck with Intrum back in 2018. At the time, Intesa merged is loan collection business with the one Intrum owned in Italy in a deal that allowed the bank to shed a nominal 10.8 billion euros in bad debts.

  • Reuters

    Italy's Intesa and UniCredit take different stance on provisions

    Record annual profits from Italy's two biggest banks last week showed both Intesa Sanpaolo and UniCredit benefiting from a drop in loan losses, but also highlighted different policies towards provisions. The cost of risk - which measures provisions to cover loan losses as a proportion of total loans - was 36 basis points (bps) at Intesa and 12 bps at smaller rival UniCredit. UniCredit will pay out as share buybacks and dividends all of its 2023 profit, net of a tax asset write-back.

  • Reuters

    Intesa CEO says still trying to finalise Russian exit

    Intesa Sanpaolo is working to dispose of its business in Russia but "bureaucratic steps" have so far prevented it from closing the deal, the CEO of Italy's biggest bank said. Reuters first reported in August that Intesa was getting closer to securing approval to transfer its Russian business to local management and in September President Vladimir Putin signed a decree authorising transactions involving the assets. CEO Carlo Messina told Bloomberg Television that Intesa had cut its overall exposure to Russia to a "negligible" level, but had not managed to severe ties yet with the local subsidiary.