Intesa Sanpaolo targets 11.5 billion euro profit and 50 billion euro investor return by 2029

Intesa Sanpaolo aims for a profit above 11.5 billion euros by 2029. The plan targets a 50 billion euro investor return through cost cuts and digitisation.

Insights:
Intesa Sanpaolo S.p.A. has unveiled its new 2026–2029 strategic plan today, committing to grow its annual net profit to more than €11.5 billion by the end of the period. This ambitious target represents a planned increase in net income of almost a quarter compared to the bank's 2025 performance. Over the course of the four-year strategy, the lender intends to return approximately €50 billion to its investors through a combination of dividends and share buybacks.
The announcement comes as Intesa Sanpaolo S.p.A., the first bank in Italy ITITto report full-year earnings for 2025, posted a net profit of €9.3 billion. For the current year, the group has guided for net income of around €10 billion. This strategic update follows a broader trend where European banks have seen valuations surge in recent years as higher interest rates drove record profits, providing the capital necessary for significant shareholder distributions.
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