Intesa Sanpaolo Group delivered net income of 2.8 billion euros in the first quarter of 2026, the best quarterly result in the Bank’s history (+6 percent vs. Q1 2025).

Q1 operating income reached a record 7.2 billion euros, driven by balanced growth across net interest income, commissions, insurance activities and trading. Net fees and commissions recorded the best first quarter ever, while insurance income reached record levels, both up 3 percent year-on-year. Operating costs declined by 0.7 percent.

Net interest income (3.6 billion euros) increased slightly despite lower interest rates, while growth was driven by fees and commissions (2.5 billion euros), insurance income (476 million euros), and a strong contribution from profits on financial assets (505 million euros).

Operating margin amounted to 4.6 billion euros and net income to 2.8 billion euros, marking the best quarterly result ever recorded by Intesa Sanpaolo.

Intesa Sanpaolo, with a loan portfolio of 425 billion euros and customer financial assets exceeding 1.5 trillion euros as of the end of December 2025, is Italy’s largest banking group, with a significant international presence.