Intesa Sanpaolo posted a record net income of €2.8 billion for the first quarter of 2026. The result delivered a 25 percent return on tangible equity while pre-provision income rose 9 percent from a year earlier. The bank remains on track to meet its medium-term financial targets according to recent analysis.
Credit charges stayed well below the levels assumed in management's medium-term plan. Cost discipline and rising fee income helped offset inflationary pressures and supported resilient performance amid geopolitical risks including the ongoing closure of the Strait of Hormuz.
