Intesa Sanpaolo S.p.A. (PNK:ISNPY) reported earnings per share of $0.95, exceeding estimates.
The company achieved a revenue of approximately $7.7 billion, with wealth management and insurance income showing significant growth.
Reported its best-ever quarterly net income for Q1 2025, with an annualized Return on Equity of 20% and a low Cost/Income ratio of 38%.
Intesa Sanpaolo S.p.A. (PNK:ISNPY) is a prominent Italian banking group known for its comprehensive range of financial services, including retail banking, corporate banking, and wealth management. The company competes with other major European banks like UniCredit and BNP Paribas. On May 9, 2025, ISNPY reported earnings per share of $0.95, surpassing the estimated $0.89, showcasing its strong financial performance.
The company achieved a revenue of approximately $7.7 billion, exceeding the estimated $7.58 billion. This robust revenue growth is supported by a record increase in commissions by 7% compared to the first quarter of 2024. Wealth Management & Protection activities saw an 11% growth, while insurance income reached its highest level ever, increasing by 9% from the fourth quarter of 2024.
Intesa Sanpaolo reported its best-ever quarterly net income for Q1 2025, surpassing €2.6 billion. This achievement resulted in an impressive annualized Return on Equity of 20%. The strong performance supports the bank’s guidance for a 2025 net income well above €9 billion, as highlighted by the insights shared during the earnings conference call on May 6, 2025.
Despite significant investments in technology, the bank maintained a strong focus on cost discipline, achieving a record low Cost/Income ratio of 38%, among the best in Europe. Technology and digital transformation remain central to the bank’s strategy, with €4.4 billion invested in these areas, ensuring continued growth and efficiency.
ISNPY’s financial metrics reveal a price-to-earnings (P/E) ratio of approximately 1.68, indicating a relatively low valuation compared to its earnings. The price-to-sales ratio stands at about 0.52, suggesting the stock is valued at just over half of its sales. Despite a negative enterprise value to sales ratio of -1.32, the earnings yield is approximately 59.65%, reflecting a high return on investment relative to its stock price.
