2019 results show that the group is firmly on track to deliver on its targets. They also highlight the continued support provided by the group to the economy in the countries in which it operates, and specifically in italy where, moreover, intesa sanpaolo is committed to becoming a reference model in terms of sustainability and social and cultural responsibility.
Results reflect the Group’s sustainable profitability which derives from a solid capital base and a strong liquidity position, and from a resilient and well-diversified business model further strengthened by the strategic actions carried out in 2019:
- Managing revenue generation in a challenging macroeconomic environment, through a continued focus on Wealth Management & Protection driven by a client-centric approach, and strengthening of financial activities;
- Strategic flexibility in managing operating costs;
- Effective proactive credit management at no extraordinary cost to shareholders, with a focus on loans in early delinquency stages.
“We are particularly pleased with our 2019 financial results. Facing an
unexpectedly challenging operating environment, Intesa Sanpaolo once again was among the
most solid and profitable banks in Europe, benefitting all of its stakeholders and serving as the engine
of sustainable and inclusive growth,” commented Carlo Messina, CEO of Intesa Sanpaolo.
|€4,567M FROM €4,493M IN Q3 2019|
€18,083M FROM €17,813M IN 2018
|€2,534M FROM €2,287M IN Q3 2019|
€9,290M FROM €9,487M IN 2018
|€2,033M FROM €2,206M IN Q3 2019|
€8,793M FROM €8,326M IN 2018
|GROSS INCOME: ||Q4 2019|
|FROM €1,734M IN Q3 2019|
FROM €6,322M IN 2018
|NET INCOME: ||Q4 2019|
|FROM €1,044M IN Q3 2019|
FROM €4,050M IN 2018
|CAPITAL RATIOS: ||COMMON EQUITY TIER 1 RATIO AFTER PROPOSED DIVIDENDS:|
|PRO-FORMA FULLY LOADED;|