intesa sanpaolo (ISP:BrsaItaliana)
intesa sanpaolo (ISP) Snapshot
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Open
€1.43
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Previous Close
€1.42
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Day High
€1.47
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Day Low
€1.43
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52 Week High
01/30/13 - €1.54
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52 Week Low
07/23/12 - €0.85
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Market Cap
23.8B
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Average Volume 10 Days
194.4M
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EPS TTM
€0.10
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Shares Outstanding
15.5B
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EX-Date
05/20/13
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P/E TM
14.6x
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Dividend
€0.05
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Dividend Yield
3.45%
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Related News
intesa sanpaolo (ISP) Related Businessweek News
No Related Businessweek News Foundintesa sanpaolo (ISP) Details
Intesa Sanpaolo S.p.A., through its subsidiaries, engages in banking, insurance, asset management, consumer credit, leasing, factoring, pension funds, fiduciary services, and electronic payments businesses. It operates in five business units: Banca dei Territori, Corporate and Investment Banking, International Subsidiary Banks, Eurizon Capital, and Banca Fideuram. The Banca dei Territori business unit provides commercial banking services covering traditional lending and deposit collection activities, as well as consumer credit, payment systems, property and casualty insurance, and life insurance solutions. This business unit serves retail customers, private customers, small and medium enterprise, and non-profit entities in Italy. The Corporate and Investment Banking business unit deals with corporate banking, investment banking, and public finance activities for corporate customers in Italy and internationally. This business unit also operates in structured finance, project and acquisition finance, and capital markets. The International Subsidiary Banks business unit offers banking services through subsidiary and investee banks in the countries of Central-Eastern Europe, the Middle East, and North Africa. The Eurizon Capital business unit engages in asset management activities in Italy. The Banca Fideuram business unit engages in the creation, management, and distribution of financial products and services to customers with medium to high savings potential. As of March 28, 2013, the company operated 5,302 branches in Italy; 1,332 branches and 5 representative offices in other European countries; 2 branches and 2 representative offices in the United States; 5 branches and 7 representative offices in Asia; 200 branches and 3 representative offices in Africa; and 1 representative office in Oceania. Intesa Sanpaolo S.p.A. is based in Torino, Italy.
intesa sanpaolo (ISP) Top Compensated Officers
intesa sanpaolo (ISP) Key Developments
Milano Serravalle Milano Tangenziali S.p.A. has retained Intesa Sanpaolo S.p.A. (BIT:ISP) for divesting stakes in Tangenziale Esterna di Milano (TEM), Brebemi and Autostrade Lombarde, Serravalle’s Chairman Marzio Agnoloni told Milano Finanza. He added that Autostrade Lombarde may acquire stakes in the other two companies.
Intesa Sanpaolo S.p.A. announced earnings results for the first quarter of 2013. For the quarter, the company announced operating income is at EUR 4.1 billion, apparently down 8.3% versus last quarter but up 3.8% in homogeneous terms. This performance has been driven by a 7.3% reduction in net interest income, largely due to the extraordinary liquidity buffer that the company built. Net fees and commissions that are up 4.4%, excluding the effect of performance fees; profits on trading doubling fourth quarter results of netting last quarter from buybacks, which were worth EUR 110 million in fourth quarter, and hedging, which was worth EUR 342 million in fourth quarter; finally, insurance delivering another positive performance, plus 45% against fourth quarter; and an EUR 80 million negative impact from principal investments. Net income stands at a solid EUR 306 million and EUR 392 million if normalized, reversing the negative trend registered in the past 3 quarters.
Intesa Sanpaolo S.p.A., Q1 2013 Earnings Call, May 14, 2013
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Industry Analysis
ISP
Industry Average
| Valuation | ISP | Industry Range |
| Price/Earnings | 21.5x |
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| Price/Sales | 1.6x |
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| Price/Book | 0.5x |
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| Price/Cash Flow | 20.5x |
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| TEV/Sales | NM | Not Meaningful |
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