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    Home > Finance > Italy's Intesa posts bigger than forecast 13.6% profit rise on fees, trading
    Finance

    Italy's Intesa posts bigger than forecast 13.6% profit rise on fees, trading

    Published by Global Banking & Finance Review®

    Posted on May 6, 2025

    1 min read

    Last updated: January 24, 2026

    Italy's Intesa posts bigger than forecast 13.6% profit rise on fees, trading - Finance news and analysis from Global Banking & Finance Review
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    Quick Summary

    Intesa Sanpaolo's Q1 profit rose 13.6%, driven by fees and trading income, surpassing forecasts despite an 8% decline in net interest margin.

    Intesa Sanpaolo's Q1 Profit Surges 13.6% on Trading Gains

    MILAN (Reuters) -Italy's biggest bank Intesa Sanpaolo confirmed its outlook for the year after posting a bigger-than-expected 13.6% yearly rise in first quarter profit thanks to rising fee and trading income.

    That was more than enough to offset an 8% decline in the net interest margin, as the gap between lending and deposit rates shrinks.

    Intesa said net profit for the three months through March totalled 2.6 billion euros ($2.9 billion), above an analyst consensus forecast compiled by Reuters of 2.4 billion euros.

    ($1 = 0.8838 euros)

    (Reporting by Valentina Za, editing by Gavin Jones)

    Key Takeaways

    • •Intesa Sanpaolo's profit rose 13.6% in Q1.
    • •The profit increase was driven by fees and trading income.
    • •Net interest margin declined by 8%.
    • •Net profit exceeded analyst forecasts.
    • •Intesa confirmed its yearly outlook.

    Frequently Asked Questions about Italy's Intesa posts bigger than forecast 13.6% profit rise on fees, trading

    1What is the main topic?

    The article discusses Intesa Sanpaolo's 13.6% profit rise in Q1, driven by fees and trading income.

    2How did Intesa Sanpaolo's profit exceed expectations?

    The profit exceeded expectations due to increased fee and trading income, offsetting a decline in net interest margin.

    3What was the net profit for Intesa Sanpaolo?

    Intesa Sanpaolo reported a net profit of 2.6 billion euros for the first quarter.

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