Financials Intesa Sanpaolo S.p.A.

Equities

Market Closed - Borsa Italiana Other stock markets 11:45:00 2025-12-12 am EST			5-day change	1st Jan Change
5.669 ^EUR	-0.96%		+1.00%	+46.75%

Dec. 12	Milan Stock Exchange: Ftse Mib Surpasses 44,000 Points Following Wall Street Rally, Banks Lead Gains	RE
Dec. 11	Foreign entities should have no rights on Italy's gold reserves, Meloni's party says	RE

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	19,023	20,918	21,470	25,138	27,107	27,385	27,993	28,781
Change	-	9.96%	2.64%	17.08%	7.83%	1.02%	2.22%	2.81%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	9,052	9,956	10,536	13,809	15,537	16,044	16,976	17,712
Change	-	9.99%	5.83%	31.06%	12.51%	3.26%	5.81%	4.34%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	5,719	6,668	7,344	12,058	13,736	14,282	15,029	15,611
Change	-	16.59%	10.14%	64.19%	13.92%	3.97%	5.24%	3.87%
Net income ¹	3,277	4,185	4,354	7,724	8,666	9,350	10,012	10,460
Change	-	27.71%	4.04%	77.4%	12.2%	7.89%	7.09%	4.47%
Announcement Date	2/5/21	2/4/22	2/3/23	2/6/24	2/4/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2
Net sales ¹	5,290	5,605	5,180	5,092	5,020	5,414	5,347	5,015	5,674	6,057	6,341	6,367	6,373	6,732	6,856	6,802	6,668	6,792	6,997	6,643	6,910	6,933	6,975
Change	-	5.95%	-7.58%	-1.7%	-1.41%	7.85%	-1.24%	-6.21%	13.14%	6.75%	4.69%	0.41%	0.09%	5.63%	1.84%	-0.79%	-1.97%	1.86%	3.02%	-5.06%	4.02%	0.33%	0.61%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT	2,278	2,992	2,515	2,454	1,993	2,910	2,735	2,375	2,544	3,521	3,666	3,717	2,905	4,162	4,219	4,066	3,084	4,214	4,333	3,929	-	-	-
Change	-	31.34%	-15.94%	-2.43%	-18.79%	46.01%	-6.01%	-13.16%	7.12%	38.4%	4.12%	1.39%	-21.85%	43.27%	1.37%	-3.63%	-24.15%	36.64%	2.82%	-9.32%	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	740	2,649	1,691	1,892	434	2,144	2,089	1,838	1,301	3,363	3,381	3,328	1,986	3,930	3,807	3,676	2,316	3,963	3,993	3,614	-	-	-
Change	-	257.97%	-36.16%	11.89%	-77.06%	394.01%	-2.57%	-12.02%	-29.22%	158.49%	0.54%	-1.57%	-40.32%	97.89%	-3.13%	-3.44%	-37%	71.11%	0.76%	-9.49%	-	-	-
Net income ¹	-3,099	1,516	1,507	983	179	1,024	1,330	930	1,070	1,956	2,266	1,900	1,602	2,301	2,465	2,401	1,499	2,615	2,601	2,372	2,138	-	-
Change	-	148.92%	-0.59%	-34.77%	-81.79%	472.07%	29.88%	-30.08%	15.05%	82.8%	15.85%	-16.15%	-15.68%	43.63%	7.13%	-2.6%	-37.57%	74.45%	-0.54%	-8.8%	-9.86%	-	-
Announcement Date	2/5/21	5/5/21	8/4/21	11/3/21	2/4/22	5/6/22	7/29/22	11/4/22	2/3/23	5/5/23	7/28/23	11/3/23	2/6/24	5/3/24	7/30/24	10/31/24	2/4/25	5/6/25	7/30/25	10/31/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2021 S1	2024 S1	2025 S1
Net sales ¹	10,806	13,588	13,789
Change	-	25.74%	1.48%
EBITDA	-	-	-
Change	-	-	-
EBIT ¹	5,509	8,381	8,547
Change	-	52.13%	1.98%
Charge d'intérêts	-	-	-
Earnings before Tax (EBT) ¹	-	-	7,956
Change	-	-	-
Net income ¹	3,023	4,766	5,216
Change	-	57.66%	9.44%
Announcement Date	8/4/21	7/30/24	7/30/25

¹EUR in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	2/5/21	2/4/22	2/3/23	2/6/24	2/4/25	-	-	-

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024
CAPEX ¹	497	430	775	576	334	286
Change	-	-13.48%	80.23%	-25.68%	-42.01%	-14.37%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	3/20/20	3/27/21	3/23/22	3/27/23	3/24/24	3/27/25

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	47.58%	47.6%	49.07%	54.93%	57.32%	58.59%	60.64%	61.54%
EBT Margin (%)	-	30.06%	31.88%	34.21%	47.97%	50.67%	52.15%	53.69%	54.24%
Net margin (%)	-	17.23%	20.01%	20.28%	30.73%	31.97%	34.14%	35.77%	36.34%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	0.36%	0.4%	0.43%	0.8%	0.91%	0.99%	1.02%	1.05%
ROE	-	5.38%	6.46%	6.94%	12.35%	13.42%	14.85%	15.66%	16.27%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	0.0357	0.151	0.161	0.296	0.341	0.3723	0.4176	0.4472
Change	-	-	322.97%	6.62%	83.85%	15.2%	9.17%	12.19%	7.09%
Book Value Per Share ¹	-	3.397	3.289	3.251	3.373	3.666	3.428	3.598	3.7
Change	-	-	-3.18%	-1.16%	3.74%	8.7%	-6.49%	4.95%	2.83%
EPS ¹	-	0.18	0.22	0.23	0.42	0.48	0.5329	0.581	0.621
Change	-	-	22.22%	4.55%	82.61%	14.29%	11.03%	9.02%	6.88%
Nbr of stocks (in thousands)	-	19,404,083	19,386,670	18,275,995	18,241,724	17,782,179	17,383,618	17,383,618	17,383,618
Announcement Date	-	2/5/21	2/4/22	2/3/23	2/6/24	2/4/25	-	-	-