Workflow
Intesa Sanpaolo is the Eurozone's most valuable bank
Intesa SanpaoloIntesa Sanpaolo(US:ISNPY) GlobeNewswire News Room·2024-12-30 20:29

Group 1 - Intesa Sanpaolo is the top bank in the eurozone by market capitalization, reaching €69 billion at the end of 2024 [1][6] - The bank has revised its net income guidance for 2025 upward to €9 billion, indicating a pivotal year ahead under the leadership of Chairman Gian Maria Gros-Pietro and CEO Carlo Messina [2] - The year-end market capitalization is based on a closing share price of €3.86 on December 30, 2024, the last trading day on the Milan Stock Exchange [3] Group 2 - Intesa Sanpaolo's price-to-book ratio is higher than that of major global banks such as HSBC and UBS, reinforcing its leadership position [4] - The year 2025 marks the conclusion of a four-year business plan launched in 2022, with shareholders set to elect a new Board of Directors in the Spring [7] Group 3 - Over the past 10 years, Intesa Sanpaolo's total shareholder return grew by 213%, leading the eurozone in terms of growth in share value plus dividend distributions [8] - During the same period, the bank's share price rose by 115%, with its market capitalization increasing by €40 billion since January 2014 [8] - Dividends distributed over the past decade reached €31 billion, resulting in a cumulative cash dividend yield of 98% [8]