Story · Italy
Intesa Sanpaolo Reports Record First Half 2026 Results, Upgrades Full-Year Guidance
Intesa Sanpaolo S.p.A. held its Q2 2026 earnings call on July 29, 2026, reporting record financial results. CEO Carlo Messina announced the bank's best six months ever, with net income of EUR 5.6 billion for the first half, including EUR 2.8 billion in Q2 alone—the best quarter in its history. Annualized return on equity reached 20%, with return on tangible equity at 25%, and earnings per share rose 9% year-on-year. Based on the strong performance and earnings sustainability, the bank upgraded its 2026 net income guidance to more than EUR 10 billion. The call included participation from analysts at Jefferies, Equita SIM, RBC Capital Markets, Mediobanca, KBW, and Deutsche Bank.
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