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    ISP   IT0000072618

INTESA SANPAOLO S.P.A.

(ISP)
  Report
Real-time Estimate Tradegate  -  08:11 2022-12-07 am EST
2.070 EUR   +0.17%
04:42aIntesa Sanpaolo S P A : only italian bank named Global Innovator 2022
PU
03:22aIntesa Sanpaolo S P A : Dividends - Notice of Corporate Action
PU
12/06INTESA SANPAOLO S.P.A. : JP Morgan gives a Buy rating
MD
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Intesa Sanpaolo Probed By Italian Watchdog Over Mortgages Marketing Practices--Update

09/20/2022 | 02:53am EST

By Giulia Petroni


Italy's competition watchdog has launched an investigation against Intesa Sanpaolo SpA for alleged unfair business practice in the marketing of real-estate mortgages.

The Italian Competition Authority, or AGCM, said Tuesday that the bank allegedly didn't provide adequate information to customers in pre-contractual documents for fixed-rate and variable-rate mortgages.

In particular, AGCM said Intesa Sanpaolo allegedly didn't provide guidance on how to calculate the time between the disbursement of a loan and the first monthly payment of the plan, which lengthens the period of mortgage repayment, increasing its cost.

Intesa Sanpaolo declined to comment.


Write to Giulia Petroni at giulia.petroni@wsj.com


(END) Dow Jones Newswires

09-20-22 0453ET

All news about INTESA SANPAOLO S.P.A.
04:42aIntesa Sanpaolo S P A : only italian bank named Global Innovator 2022
PU
03:22aIntesa Sanpaolo S P A : Dividends - Notice of Corporate Action
PU
12/06INTESA SANPAOLO S.P.A. : JP Morgan gives a Buy rating
MD
12/05Intesa Sanpaolo S P A : invests in microcredit through CreditAccess, India's largest micro..
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12/05Intesa sanpaolo - invests in microcredit through creditaccess in…
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12/05Intesa Sanpaolo S.p.A. acquired an unknown minority stake in CreditAccess India N.V.
CI
12/02Intesa Sanpaolo S P A : named Italy's “Bank of the Year” by The Banker
PU
12/01Intesa Sanpaolo S P A : Presentation of the 4th “Med & Italian Energy Report” ..
PU
11/30Fitch Affirms Intesa Sanpaolo at 'BBB', Outlook Stable
AQ
11/30Fitch Maintains Intesa Sanpaolo's Rating On Strong Domestic Franchise
MT
More news
Analyst Recommendations on INTESA SANPAOLO S.P.A.
More recommendations
Financials
Sales 2022 21 207 M 22 309 M 22 309 M
Net income 2022 4 351 M 4 577 M 4 577 M
Net Debt 2022 - - -
P/E ratio 2022 9,24x
Yield 2022 7,67%
Capitalization 37 767 M 39 730 M 39 730 M
Capi. / Sales 2022 1,78x
Capi. / Sales 2023 1,65x
Nbr of Employees 95 554
Free-Float 95,0%
Chart INTESA SANPAOLO S.P.A.
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Technical analysis trends INTESA SANPAOLO S.P.A.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 23
Last Close Price 2,07 €
Average target price 2,72 €
Spread / Average Target 31,6%
EPS Revisions
Managers and Directors
Carlo Messina Chief Executive Officer, MD & Director
Stefano del Punta Treasurer
Gian Maria Gros-Pietro Chairman
Massimo Proverbio Chief IT, Digital & Innovation Officer
Paola Angeletti Chief Operating Officer
Sector and Competitors