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Intesa Sanpaolo posts record Q1 profit of €2.8bn, driven by wealth management and diversified revenue streams

Company Fundamentals
10 May 2026
Na
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Bullish
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Intesa Sanpaolo reported a record net profit of €2.8 billion in Q1 2026, a 6% increase year-over-year, supported by strong wealth management, insurance, and fee income. The bank's operating profit reached €7.2 billion, with a low cost-to-income ratio of 35.9%, reflecting efficient cost management despite ongoing investments in technology. Its net non-performing loan ratio remains very low at 0.8%, underscoring strong asset quality. The group confirmed its 2026 net profit target of €10 billion and plans to continue expanding its private banking and digital offerings under its 2026-2029 strategic plan.

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