Intesa Sanpaulo's 3Q 2018: CEO Strikes Confident Tone During Call, but Revenue Growth Slows Down
Intesa Sanpaulo reported pretax profits of EUR 1.4 billion for the third quarter of 2018, this represents a 13% increase compared with the corresponding period in 2017. Intesa Sanpaulo CEO Carlo Messina struck a very confident tone during the earnings call, highlighting Intesa’s good growth prospects, profitability, and its strong performance in the European Banking Authority stress tests. He also believes that the fundamentals for the Italian economy remains sound. Messina believes that the mar...
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