Intesa Sanpaolo S.p.A. (IITSF)

Intesa Sanpaolo Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	35,635	32,525	15,709	10,473	10,183	10,193
Interest Income on Investments	774	660	645	161	86	117
Total Interest Income	36,409	33,185	16,354	10,634	10,269	10,310
Interest Paid on Deposits	17,378	15,589	3,874	2,480	2,451	3,269
Net Interest Income	19,031	17,596	12,480	8,154	7,818	7,041
Net Interest Income Growth (YoY)	14.04%	40.99%	53.05%	4.30%	11.04%	-5.31%
Income From Trading Activities	1,197	513	36	503	628	506
Gain (Loss) on Sale of Investments	3,503	2,033	-6,153	5,695	4,425	5,481
Other Non-Interest Income	2,426	4,432	14,053	6,377	5,971	4,871
Total Non-Interest Income	6,706	6,920	8,103	12,776	10,831	10,955
Non-Interest Income Growth (YoY)	-9.23%	-14.60%	-36.58%	17.96%	-1.13%	4.22%
Revenues Before Loan Losses	25,737	24,516	20,583	20,930	18,649	17,996
Provision for Loan Losses	1,176	1,359	2,579	2,813	4,335	2,169
Revenue	24,561	23,157	18,004	18,117	14,314	15,827
Revenue Growth (YoY)	10.16%	28.62%	-0.62%	26.57%	-9.56%	2.51%
Salaries and Employee Benefits	6,660	6,588	6,381	6,586	5,957	5,579
Occupancy Expenses	601	626	627	619	551	499
Amortization of Goodwill & Intangibles	863	817	763	828	701	641
Selling, General & Administrative	4,532	4,831	4,672	4,941	4,529	4,021
Other Non-Interest Expense	-641	-592	-469	-611	-70	-726
Total Non-Interest Expense	11,969	12,107	11,742	12,225	11,684	10,014
EBT Excluding Unusual Items	12,592	11,050	6,262	5,892	2,630	5,813
Asset Writedown	-3	-33	-46	-21	-42	-20
Other Unusual Items	51	36	28	-54	2,443	20
Pretax Income	12,311	10,746	6,075	5,181	2,208	5,672
Income Tax Expense	3,530	2,994	1,673	1,138	59	1,564
Earnings From Continuing Operations	8,781	7,752	4,402	4,043	2,149	4,108
Earnings From Discontinued Operations	-	-	-	-	1,136	64
Minority Interest in Earnings	-12	-28	-23	142	-8	10
Net Income	8,769	7,724	4,379	4,185	3,277	4,182
Net Income to Common	8,769	7,724	4,379	4,185	3,277	4,182
Net Income Growth	21.83%	76.39%	4.64%	27.71%	-21.64%	3.26%
Basic Shares Outstanding	17,895	18,370	19,316	19,378	18,240	17,474
Diluted Shares Outstanding	17,895	18,370	19,316	19,378	18,240	17,474
Shares Change (YoY)	-4.09%	-4.89%	-0.32%	6.23%	4.39%	4.18%
EPS (Basic)	0.49	0.42	0.23	0.22	0.18	0.24
EPS (Diluted)	0.49	0.42	0.23	0.22	0.18	0.24
EPS Growth	26.89%	85.26%	4.97%	20.21%	-24.93%	-0.28%
Dividend Per Share	0.322	0.296	0.164	0.251	0.036	-
Dividend Growth	37.55%	80.60%	-34.60%	601.96%	-	-
Effective Tax Rate	28.67%	27.86%	27.54%	21.96%	2.67%	27.57%

Source: S&P Capital IQ. Banks template. Financial Sources.