Intesa Sanpaolo delivered its best six months ever, with Net income of €5.6 billion in the first half of 2026. Net income reached €2.8 billion in the second quarter, marking the best quarterly performance in the Group’s history. Net income increased 6 percent year-on-year in the first half and 7 percent in the second quarter.

For 2026, Intesa Sanpaolo expects to return around €9.4 billion to shareholders through dividends and buybacks.

“Intesa Sanpaolo continues to rank among the European banks with the highest shareholder remuneration,” said Carlo Messina, CEO of Intesa Sanpaolo.

The first half delivered record Revenues, Operating margin and Gross income. Revenues grew across all components, supported by the Group’s well-diversified business model.

Net interest income (NII) increased compared with last year despite lower rates and strongly accelerated in the second quarter. Guidance for Net interest income was raised to well above €15 billion.

The Cost/Income ratio was 35.9 percent, the lowest ever, thanks to tech investments that are paying off. Operating costs declined by 1 percent year-on-year.

Monte dei Paschi di Siena transaction

The offer for Monte dei Paschi is well on track. The transaction is a major accelerator of the Business Plan and will expand Intesa Sanpaolo’s client base by six million clients, while strengthening its franchise in Consumer Finance and in Corporate & Investment Banking, leveraging Mediobanca’s international footprint.

“Our objective is to create an even stronger and more profitable Group together, playing a leading role in an increasingly complex global environment,” Messina said.

Intesa Sanpaolo expects to deliver €2.9 billion in synergies by drawing on its proven execution capabilities and IT platform. The transaction is expected to enable the Group to achieve its Business Plan targets three years in advance, reaching €2 trillion in Customer financial assets by 2029.