Intesa Sanpaolo S.p.A. (IITSF)

Intesa Sanpaolo Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	34,602	32,525	15,709	10,473	10,183
Interest Income on Investments	800	660	645	161	86
Total Interest Income	35,402	33,185	16,354	10,634	10,269
Interest Paid on Deposits	16,512	15,589	3,874	2,480	2,451
Net Interest Income	18,890	17,596	12,480	8,154	7,818
Net Interest Income Growth (YoY)	7.35%	40.99%	53.05%	4.30%	11.04%
Income From Trading Activities	493	513	36	503	628
Gain (Loss) on Sale of Investments	2,636	2,033	-6,153	5,695	4,425
Other Non-Interest Income	4,438	4,432	14,053	6,377	5,971
Total Non-Interest Income	7,617	6,920	8,103	12,776	10,831
Non-Interest Income Growth (YoY)	10.07%	-14.60%	-36.58%	17.96%	-1.13%
Revenues Before Loan Losses	26,507	24,516	20,583	20,930	18,649
Provision for Loan Losses	1,131	1,359	2,579	2,813	4,335
Revenue	25,376	23,157	18,004	18,117	14,314
Revenue Growth (YoY)	9.58%	28.62%	-0.62%	26.57%	-9.56%
Salaries and Employee Benefits	6,773	6,588	6,381	6,586	5,957
Occupancy Expenses	583	605	601	619	551
Amortization of Goodwill & Intangibles	864	808	744	828	701
Selling, General & Administrative	3,306	3,561	4,672	4,941	4,529
Other Non-Interest Expense	728	625	-469	-611	-70
Total Non-Interest Expense	12,286	12,024	11,697	12,225	11,684
EBT Excluding Unusual Items	13,090	11,133	6,307	5,892	2,630
Asset Writedown	-67	-63	-91	-21	-42
Legal Settlements	-92	-	-	-	-
Other Unusual Items	-41	-17	28	-54	2,443
Pretax Income	12,058	10,746	6,075	5,181	2,208
Income Tax Expense	3,399	2,994	1,673	1,138	59
Earnings From Continuing Operations	8,659	7,752	4,402	4,043	2,149
Earnings From Discontinued Operations	-	-	-	-	1,136
Minority Interest in Earnings	7	-28	-23	142	-8
Net Income	8,666	7,724	4,379	4,185	3,277
Net Income to Common	8,666	7,724	4,379	4,185	3,277
Net Income Growth	12.20%	76.39%	4.64%	27.71%	-21.64%
Basic Shares Outstanding	18,017	18,370	19,316	19,378	18,240
Diluted Shares Outstanding	18,017	18,370	19,316	19,378	18,240
Shares Change (YoY)	-1.92%	-4.89%	-0.32%	6.23%	4.39%
EPS (Basic)	0.48	0.42	0.23	0.22	0.18
EPS (Diluted)	0.48	0.42	0.23	0.22	0.18
EPS Growth	14.29%	85.26%	4.97%	20.21%	-24.93%
Dividend Per Share	0.341	0.296	0.164	0.251	0.036
Dividend Growth	15.20%	80.60%	-34.60%	601.96%	-
Effective Tax Rate	28.19%	27.86%	27.54%	21.96%	2.67%

Updated Feb 4, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.