(Il Sole 24 Ore Radiocor) - Milano, 8 mag - The Italian bank Intesa Sanpaolo reported a net profit of 2.761 billion euros in the first quarter of 2026, up by 5.6% compared to the year earlier, while confirming its guidance for a full year bottom line of about 10 billion.

Operating income in the quarter increased by 5.3% year on year to 7.154 billion euros. Gross income rose to 4.339 billion euros from 3.957 billion in the first quarter of 2025.

Intesa Sanpaolo highlighted what it described as a significant cash return to shareholders, with 2.6 billion euros accrued in the first quarter for distribution, of which 2.1 billion in dividends. This is on top of the remaining dividend for 2025 of 3.3 billion euros to be paid in May 2026 and the buyback of 2.3 billion to be launched in July 2026.

The bank said it had a solid capital position as of March 31,2026, well above regulatory requirements. The CET 1 ratio stood at 13%, after deducting from capital the amount accured in the first quarter for distribution and the buyback to be launched in July 2026. Considering a benefit of over 80 basis points deriving from the absorption of deferred tax assets.

(DTAs), the CET1 ratio was 13.9%, it added.

(RADIOCOR) 08-05-26 13:05:13 (0354) 5 NNNN