Intesa Sanpaolo stock reports EUR 1.89 billion buyback

Published on 09/30/2026 at 11:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman Sachs raised its Intesa Sanpaolo target from EUR 7.50 to EUR 7.80 on September 11, 2026. First-half profit reached EUR 5.6 billion.

Fotorealistische Turin-Skyline mit Mole Antonelliana und modernem Hochhaus bei Sonnenuntergang — Intesa Sanpaolo IT0000072618 – Fotorealistische Panorama-Skyline Turin mit Mole Antonelliana und Hochhaus, Illustration mit AI erstellt.

Intesa Sanpaolo (IT0000072618) stock was trading at EUR 6.75 at Lang & Schwarz on September 30, 2026, down 0.30 percent from the prior close of EUR 6.77. The bank is continuing a large capital-return program, with the latest tranche taking cumulative repurchases to EUR 1.89 billion by September 25, 2026.

Buyback reaches EUR 1.89 billion

According to Intesa Sanpaolo on September 28, 2026, the group purchased 9,240,041 shares for EUR 62,182,773.98 between September 21 and September 25. The average purchase price was EUR 6.7297 per share, which rounds to EUR 6.73.

The cumulative program reached 288,176,233 shares and EUR 1,894,423,925.06 in total purchases by September 25, 2026. That gives the buyback a measurable scale against the current market value of EUR 119.2 billion as of September 30, 2026.

First-half earnings set the backdrop

In the first half of 2026, Intesa Sanpaolo generated net income of EUR 5.6 billion, including EUR 2.8 billion in the second quarter. As Yahoo Finance reported in the transcript of the July 29, 2026 earnings call, first-half net income increased 6 percent year over year and management raised 2026 guidance above EUR 10 billion.

The earnings comparison is important because the guidance exceeds the first-half result by at least EUR 4.4 billion. Management also said the bank expects to return EUR 9.4 billion to shareholders through dividends and buybacks in 2026, linking operating performance directly to the distribution outlook.

Goldman target stands 15.56 percent higher

finanzen.net reported on September 11, 2026, that Goldman Sachs raised its price target from EUR 7.50 to EUR 7.80 and maintained a Buy rating. The new target lies 15.56 percent above the Lang & Schwarz price of EUR 6.75, using the September 30, 2026 reference price.

The latest market snapshot places the stock between its 52-week low of EUR 4.81 and high of EUR 6.94. The price is therefore EUR 0.19 below the yearly high, while the earnings guidance, buyback execution and analyst target provide three separate reference points for assessing the share.

Intesa Sanpaolo stock trades at EUR 6.75

Intesa Sanpaolo stock was trading at EUR 6.75 at Lang & Schwarz on September 30, 2026, at 11:39 a.m. CEST, down 0.30 percent versus the prior close of EUR 6.77. The shares are listed on Borsa Italiana under ticker ISP.MI in the financial services sector.