Q1 2026 Intesa Sanpaolo SpA Earnings Call Transcript

May 08, 2026 / 01:00PM GMT
Release Date Price: CHF5.19
Carlo Messina
Intesa Sanpaolo SpA - Chief Executive Officer, Managing Director, General Manager, Executive Director

Welcome to our first quarter 2026 results conference call. This is Carlo Messina, Chief Executive Officer. And I'm here with Luca Bocca, our CFO; and Marco Delfrate and Andrea Tamagnini, Investor Relations Officers.

Before we begin, I would like to state that suddenly, yesterday night, my mother passed away and so today, I will open this call with a very brief introduction and then Luca will go through the presentation of our results. So you will help me in making the presentation, while we will manage the question and answer together, and I will be at your disposal for all the strategic questions.

Let me underline in any case that we just delivered our best ever quarterly net income at EUR2.8 billion with an annualized return on equity of 21% and earnings per share up 8% on a yearly basis. These are excellent results confirming we are well on track to deliver EUR10 billion net income this year. And in any case, we are not used to change our guidance in the first quarter

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