Report
Benoit Valleaux ...
  • Steven Gould

Intesa Sanpaolo : T3 2023 solide, guidance améliorée & perspective de retour additionnel à l’actionnaire !

>Opinion Surperformance confirmée – OC porté à 3.8 € (vs 3.7 €) - Le T3 2023 vient conforter notre opinion Surperformance, avec une évolution globalement rassurante sur les points clés opérationnels (momentum NII, maîtrise des coûts & niveau modéré de CdR), et in fine sur le capital/retour à l’actionnaire. Le groupe revoit de nouveau en hausse sa guidance de NP pour 2023 => > 7.5 Md€ (vs > 7 Md€ post T2) & supérieur en 2024 & 2025. Nous rehaussons de 4% en moyenne nos...
Underlying
Intesa Sanpaolo S.p.A.

Intesa Sanpaolo is a commercial bank. Co. is engaged in lending and deposit collection operations in Italy and associated financial services, serving Households, Personal, Small Business, Private and Small and Medium Enterprise customers. Co. provides medium-term credit, leasing, factoring and agribusiness (Mediocredito Italiano), consumer credit (Intesa Sanpaolo Personal Finance), management of electronic payments (Setefi), and trust services (Sirefid). Co. has approximately 4,300 branches, including Retail and Business branches, distributed broadly throughout Italy. At Dec 31 2014, Co. had total assets of Euro646.43 billion.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Benoit Valleaux

Steven Gould

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Matthias Desmarais
  • Matthias Desmarais

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