9M21 results: highlights

With a nine-month net income of €4 billion, Intesa Sanpaolo has already achieved its full-year 2021 profit target.

The nine-month financial results confirm the strength of the Intesa Sanpaolo’s Wealth Management and Protection Company business model, and enable the Bank to continue to make a positive and concrete impact on the real economy and broader society through actions including:

• over €410 billion in medium- and long-term lending to support the National Recovery and Resilience Plan
• €150 million from the Group’s Fund for Impact for initiatives aimed at reducing socio-economic distress caused by the pandemic
• €76 billion in new funding for the green economy, a strategic priority for the future

The cash dividend payout ratio for 2021 was confirmed at 70% (as foreseen by the 2018-2021 Business Plan) and on 24 November the Bank will distribute an interim dividend of €1.4 billion.

Since 2014, Intesa Sanpaolo has distributed over €18 billion in cash dividends.

Despite an exceptionally complex macro scenario, Intesa Sanpaolo has met and exceed its objectives thanks to the high professional quality of its people, on whose contribution the Bank is also counting as it prepares the new 2022-25 Business Plan to be presented in February 2022.

Following are highlights of the results achieved in the first nine months of the year.