Intesa Sanpaolo’s first quarter 2025 results: „best-ever net income” at €2.6 billion

In 1Q25, Intesa Sanpaolo delivered its best-ever net income, at €2.6 billion, driving an annualized Return on Equity (ROE) of 20%. „This exceptional start to the year supports the full- year net income guidance of well above €9 billion for 2025.” – according to the press release.

„On the tech side, Intesa Sanpaolo’s digital bank isybank reached 1 million clients, with a strong acceleration in Q1 that confirms the success of the Group’s digital strategy. Tech investments reached €4.4 billion, driving generational workforce renewal and significant efficiency gains.” – the bank said.

Key highlights:
. „Best-in-class profitability”: Record quarterly net income at €2.6 billion.  Commissions rose 7%, with an 11% increase from Wealth Management and Protection activities. Insurance income posted its best-ever quarter.
. Effective cost management: Cost/Income ratio at an all-time low of 38.0%, „best-in-class in Europe”.
. Zero-NPL Bank: 1.0% net NPL ratio, at historical lows.
. Rock-solid capital position: ~13.3% fully phased-in CET1 ratio, up ~45 bps in Q1.
. Sustainable value creation: €1.8 billion cash dividends accrued in Q1; €3 billion cash dividends to be paid in May; €2 billion share buyback in June; ~8% dividend yield.
. World-class position in Social Impact: Over €0.7 billion deployed (2023-1Q25) to fight poverty and reduce inequality.

Intesa Sanpaolo is a leader in Wealth Management, Protection & Advisory, with ~€1.4 trillion in customer financial assets and an unmatched client advisory network with ~17,000 dedicated people—projected to grow to ~20,000 by 2027.

More information on the 1Q25 financial results, together with the outlook and main strategic initiatives of the Intesa Sanpaolo 2022-2025 Business Plan, is available in the Group’s Investor Relations section.