Intesa Sanpaolo Financial Results for 2019 reflect the reliability of the Group

06.02.2020


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.

OPERATING 
INCOME: 
Q4 2019
2019
+1.6%
+1.5%
€4,567M FROM €4,493M IN Q3 2019
€18,083M FROM €17,813M IN 2018
OPERATING 
COSTS: 
Q4 2019
2019
+10.8%
-2.1%
€2,534M FROM €2,287M IN Q3 2019
€9,290M FROM €9,487M IN 2018
OPERATING 
MARGING: 
Q4 2019
2019
-7.8%
+5.6%
€2,033M FROM €2,206M IN Q3 2019
€8,793M FROM €8,326M IN 2018
GROSS INCOME: 
Q4 2019
2019
€1,247M
€6,593M
FROM €1,734M IN Q3 2019
FROM €6,322M IN 2018
NET INCOME: 
Q4 2019
2019
€872M
€4,182M
FROM €1,044M IN Q3 2019
FROM €4,050M IN 2018
CAPITAL RATIOS: 
COMMON EQUITY TIER 1 RATIO AFTER PROPOSED DIVIDENDS:
14.1%
13.9%
PRO-FORMA FULLY LOADED;
PHASED-IN


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