Intesa Sanpaolo stock trades at 10.69 times earnings versus UniCredit at 10.47

Published on 10/26/2026 at 16:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half income was EUR 5.60 billion on July 29, 2026. Intesa Sanpaolo stock costs EUR 5.99 on October 26, 2026, up 2.22 percent versus the Xetra close.

Valuation and upcoming dates

First-half net income reached EUR 5.60 billion on July 29, 2026.
Intesa Sanpaolo stock traded 2.22 percent above the Xetra close of October 23, 2026.
Intesa Sanpaolo had a market capitalization of EUR 103.5 billion on October 26, 2026.
The next third-quarter results date is November 3, 2026.

Intesa Sanpaolo, IT0000072618, Illustration mit AI erstellt.

Intesa Sanpaolo stock trades at 10.69 times earnings, compared with 10.47 times for UniCredit and 8.49 times for Banco BPM. The valuation comparison gives investors a clearer benchmark than the daily move alone.

At Lang & Schwarz, the stock was trading at EUR 5.99 on October 26, 2026 at 4:04 p.m. CEST, up 2.22 percent versus the Xetra close of October 23, 2026.

Earnings provide the operating anchor

Intesa Sanpaolo reported first-half 2026 net income of EUR 5.60 billion, while its investor-relations materials also described 2026 guidance above EUR 10.00 billion. The group published its half-year results on July 29, 2026, according to Intesa Sanpaolo.

The second quarter contributed EUR 2.79 billion of net income and EUR 15.31 billion of revenue in the period ended June 30, 2026. The quarterly net income was higher than the EUR 2.76 billion reported for the first quarter, a sequential increase of 1.16 percent.

Stock stays below its yearly high

The EUR 5.99 quote stands 13.69 percent below the 52-week high of EUR 6.94 and 24.53 percent above the 52-week low of EUR 4.81. Market capitalization was EUR 103.5 billion on October 26, 2026, while volume reached 24,858,906 shares on the Milan listing.

The price-to-earnings ratio of 10.69 is close to UniCredit's 10.47 and above Banco BPM's 8.49. UniCredit had a market capitalization of EUR 111.2 billion, compared with EUR 20.1 billion for Banco BPM, giving the comparison scale as well as the multiple.

What dates matter next?

Intesa Sanpaolo lists November 3, 2026 for the MPS transaction and the third-quarter results. The same date is the next scheduled reporting date, with the interim report covering the period ended September 30, 2026.

Valuation remains the key comparison

Comparison with peers

Intesa Sanpaolo: up 2.22 percent, P/E 10.69, market capitalization EUR 103.5 billion.
UniCredit: up 2.36 percent, P/E 10.47, market capitalization EUR 111.2 billion.
Banco BPM: up 1.95 percent, P/E 8.49, market capitalization EUR 20.1 billion.

Price and valuation in view

Intesa Sanpaolo combines a EUR 103.5 billion market capitalization with a 10.69 earnings multiple. The next reporting date could add a fresh operating reference to that valuation picture.

The stock was trading at EUR 5.99 at Lang & Schwarz on October 26, 2026 at 4:04 p.m. CEST, up 2.22 percent versus the Xetra close of October 23, 2026 at EUR 5.86. The further course of trading is shown by the continuously updated real-time quote of Intesa Sanpaolo stock.