Eng 
Укр Intesa Sanpaolo Q3 2024 Results: Statement by CEO Carlo Messina
"The results for the first nine months of 2024 confirmed Intesa Sanpaolo's position as a European leader," CEO Carlo Messina said, recalling that Intesa Sanpaolo's market value now places it alongside BNP Paribas and Santander, despite the banks having significantly larger balances.
Carlo Messina CEO
Intesa Sanpaolo
"In 2024, we expect net profit to exceed 8.5 billion euros. The target indicator of net profit for 2025 has been increased to about 9 billion euros, - emphasized the CEO, - which reflects the significant potential of organic growth of our bank."
Among the main strengths mentioned by Messina's CEO:
- high profitability;
- stable results;
- solid capital;
- low level of risk, which allows the bank to play a unique role in supporting the real economy and social landscape of Italy.
In addition, the CEO recalled that in the first nine months of 2024, Intesa Sanpaolo provided more than 30 billion euros in medium and long-term loans to Italian households and businesses, and its employees in Italy received more than 4 billion euros in compensation.
Given that as of September 30, 2024, dividends have already been accrued in the amount of 5 billion euros, and 40% of this amount will go to Italian families and shareholder funds, the tax contribution of Intesa Sanpaolo for this period is 4.6 billion euros, which is EUR 700 million more compared to the first nine months of 2023.
