{"clientID":"2b71d197-0c21-4234-ba98-2689b888f985","signature":"664610f33aa0503128c41216cec8b65f079ea4ee9ece982d6c7d6715d0fc4e88","encryption":"68cad83b4246825bd81d4bc1059d4620","keyID":"183b753b-7f28-af43-f453-4bd93774f44a","user":"C1AAFC8C323DFDA567B3CD7D0E48C3DD"}

Market Ratios - Historical 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

(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%

(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. Subject to ECB indications which will be announced in respect of dividend distribution after 1 January 2021, new deadline for the aforementioned recommendation following the ECB communication of 28 July 2020, Intesa Sanpaolo intends to obtain approval from the ECB to distribute cash from reserves in 2021 in light of the allocation of the 2019 net income to reserves in 2020, in addition to the envisaged distribution of cash dividends from the 2020 net income.
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%
{"toolbar":[{"label":"Refresh","url":"","key":"update-page"},{"label":"Print","url":"","key":"print-page"},{"label":"Request for Annual Reports","url":"/en/investor-relations/request-for-annual-reports","key":"business-budget"},{"label":"Financial Calendar","url":"/en/investor-relations/financial-calendar","key":"financial-calendar"}]}