Market Ratios - Historical figures
Price/book value
The indicator reflects the value attributed by the market to the Shareholders' equity of a listed company, hence indirectly to the company’s overall assets. The indicator for 2019 is reported in relation to both average figures and year-end figures.
(millions of euro)
31.12.2019 |
2019 | 2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|---|
Market capitalisation | 41,122 |
36,911 |
44,947 | 44,820 | 37,152 | 51,903 |
Group's Shareholders' equity | 55,968 |
54,996 |
53,646 | 52,558 | 48,344 | 46,230 |
PRICE/BOOK VALUE | 0.73 |
0.67 | 0.84 | 0.85 | 0.77 | 1.12 |
Pay-out ratio
The indicator reports the portion of net income paid out as dividends.
(millions of euro)
2019 (°) |
2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|
Net income | 4,182 |
4,050 | 7,316 | 3,111 | 2,739 |
Dividends (*) | - | 3,449 | 3,419 | 2,999 | 2,361 |
PAY-OUT RATIO | - | 85% | 47% | 96% | 86% |
(°) The Intesa Sanpaolo Shareholders’ Meeting of 27 April 2020 approved the proposal made by the Board of Directors at its meeting of 31 March 2020, in compliance with the recommendation of the European Central Bank dated 27 March 2020 on dividend policy until 1 October 2020 in the aftermath of the COVID-19 epidemic, to suspend dividend distribution to shareholders and to allocate net income for the financial year 2019 to reserves. This recommendation was prolonged till 1 January 2021 following the ECB communication of 28 July 2020 and subsequently replaced by the recommendation issued on 15 December 2020 and having deadline as at 30 September 2021.
(*) For 2017 and 2016, the amounts were partially assigned from reserves.
Dividend yield
This indicator measures percentage return on the share, calculated as the ratio between dividends for the year and the average annual market price in the reference year.
(euro)
2019 (°) |
2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|
Ordinary share | |||||
Dividend per share | - | 0.197 | 0.203 | 0.178 | 0.140 |
Average stock price | 2.108 |
2.567 | 2.678 | 2.220 | 3.109 |
Dividend yield | - | 7.67% | 7.58% | 8.02% | 4.50% |
(°) The Intesa Sanpaolo Shareholders’ Meeting of 27 April 2020 approved the proposal made by the Board of Directors at its meeting of 31 March 2020, in compliance with the recommendation of the European Central Bank dated 27 March 2020 on dividend policy until 1 October 2020 in the aftermath of the COVID-19 epidemic, to suspend dividend distribution to shareholders and to allocate net income for the financial year 2019 to reserves. This recommendation was prolonged till 1 January 2021 following the ECB communication of 28 July 2020 and subsequently replaced by the recommendation issued on 15 December 2020 and having deadline as at 30 September 2021. |
|||||
Savings share | |||||
Dividend per share | - | - | 0.214 | 0.189 | 0.151 |
Average stock price | - | - | 2.517 | 2.084 | 2.784 |
Dividend yield | - | - | 8.50% | 9.07% | 5.42% |
Last updated 18 December 2020 at 17:52:05