Latest news for Intesa Sanpaolo (OTC:IITSF) Stock

Intesa Sanpaolo is an Italian banking group resulting from the merger of Banca Intesa and Sanpaolo IMI in 2007. The Italian segment still accounts for by far the most of its earnings. Still, Intesa also has a growing international presence, focusing on some smaller countries in Central and Eastern Europe. Intesa has an enviable market position in the Italian savings market that it services through its private banking, asset management and life insurance operations, which accounts for around 25% of its revenue. While Intesa does have a sizable corporate banking business, it has limited exposure to securities trading and underwriting.

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Earnings

IITSF

Intesa Sanpaolo Q3 Net Profit Down 21%

INTESA SANPAOLO SPA ORD by Intesa Sanpaolo S.p.A.

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Italy's bank Intesa Sanpaolo (OTC: <a class="ticker" href="/stock/iitsf#OTC">IITSF</a>) reported a 21% drop in its third-quarter net profit. 

Intesa Sanpaolo's quarterly net profit fell to 414 million euros, from 527 million euros, in the year-ago period. However, analysts were expecting a profit of 431.4 million euros. 

Intesa Sanpaolo shares closed at $1.50 yesterday.


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Intesa Sanpaolo

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Latest news for Intesa Sanpaolo (OTC:IITSF) Stock

Tuesday, February 18, 2020

Wednesday, February 12, 2020

Tuesday, November 13, 2012