{"id":779435,"date":"2023-02-06T13:34:52","date_gmt":"2023-02-06T11:34:52","guid":{"rendered":""},"modified":"2023-02-06T13:37:45","modified_gmt":"2023-02-06T11:37:45","slug":"pidsumky-diyalnosti-intesa-sanpaolo-za-2022-rik-osnovni-momenty","status":"publish","type":"post","link":"https:\/\/new.eba.com.ua\/en\/pidsumky-diyalnosti-intesa-sanpaolo-za-2022-rik-osnovni-momenty\/","title":{"rendered":"Full year 2022 results \u2013 Highlights"},"content":{"rendered":"<p style=\"font-weight: 400;\"><strong>Full year 2022 results are the best-ever<\/strong>\u00a0in Intesa Sanpaolo&#8217;s history, marked by a fourth quarter that was the best quarter ever for revenues &#8211; up 13% over the previous year &#8211; with a strong acceleration of net interest income.<\/p>\n<p style=\"font-weight: 400;\"><strong>Intesa Sanpaolo exceeded its Business Plan commitments<\/strong>\u00a0for 2022 by achieving Net Income of \u20ac5.5 billion (excluding Russia de-risking) despite the complex macro-economic environment.<\/p>\n<p style=\"font-weight: 400;\"><strong>Rewarding shareholders remains a priority<\/strong>\u00a0for Intesa Sanpaolo, which will distribute \u20ac3 billion in cash dividends for 2022, maintaining its commitment to a 70% payout ratio. The bank will also launch the second tranche of share buyback for \u20ac1.7 billion, bringing the total distribution of additional capital to \u20ac3.4 billion.<\/p>\n<p style=\"font-weight: 400;\"><strong>A Wealth Management, Protection &amp; Advisory leader<\/strong>,<strong>\u00a0<\/strong>Intesa Sanpaolo has more than \u20ac1.2 trillion in customer financial assets to fuel its wealth management engine and drive net interest income growth; during the fourth quarter, customer financial assets increased by \u20ac26 billion.<\/p>\n<p style=\"font-weight: 400;\"><strong>Benefits for all stakeholders<\/strong>\u00a0from the solid operating performance achieved in 2022:<\/p>\n<ul style=\"font-weight: 400;\">\n<li><strong>Shareholders<\/strong>: \u20ac3 billion in cash dividends<\/li>\n<li><strong>Employees<\/strong>: \u20ac77 million one-off contribution to Intesa Sanpaolo people to mitigate the impact from inflation<\/li>\n<li><strong>Public<\/strong>\u00a0<strong>sector<\/strong>: \u20ac3.2 billion in taxes<\/li>\n<li><strong>Households and businesses<\/strong>: \u20ac81.4 billion in medium\/long-term new lending, of which \u20ac58.4 billion in Italy.<\/li>\n<\/ul>\n<p style=\"font-weight: 400;\"><strong>All the industrial initiatives<\/strong>\u00a0in the Business Plan have been launched and many of them &#8211; about 70% &#8211; ahead of schedule.<\/p>\n<p style=\"font-weight: 400;\"><strong>Including the launch in 2023 of Isybank,<\/strong>\u00a0Intesa Sanpaolo&#8217;s digital bank designed to serve about 4 million existing clients who already choose not to use branches.<\/p>\n<p style=\"font-weight: 400;\"><strong>Intesa Sanpaolo is a Zero-Russia exposure bank,<\/strong>\u00a0with a nearly 70% reduction in exposure (-\u20ac2.5 billion) in the second half of the year alone, falling to below 0.3% of the Group&#8217;s loans to customers.<\/p>\n<p style=\"font-weight: 400;\"><strong>We are among the best banks in Europe for NPL stock and ratio,<\/strong>\u00a0also thanks to a \u20ac4.6 billion reduction in gross NPLs in 2022.<\/p>\n<p style=\"font-weight: 400;\"><strong>Looking ahead to 2025<\/strong>, the final year of the Business Plan, the forecast is for Intesa Sanpaolo to comfortably exceed the \u20ac6.5 billion Net income target, thanks to the resilience of its business model.<\/p>\n<p style=\"font-weight: 400;\">Following are the highlights of the results delivered in 2022:<\/p>\n<ul style=\"font-weight: 400;\">\n<li>Net income of \u20ac4.4 billion; \u20ac5.5 billion when excluding Russia de-risking<\/li>\n<li>Capital position significantly strengthened in Q4 (+110bps vs Q3) with fully phased-in Common Equity ratio up to 13.5%, which will remain at ~13% throughout 2023, taking into account regulatory headwinds<\/li>\n<li>Achieved the best-ever year for operating income, operating margin, and gross income<\/li>\n<li>Net interest income increasing momentum, with a 20% year-on-year increase and a strong acceleration in the fourth quarter (+28.4% vs Q3)<\/li>\n<li>Among the best banks in Europe for NPL stock and ratio; lowest-ever NPL inflow in 2022<\/li>\n<li>Low structural cost of risk thanks to the Zero-NPL Bank status<\/li>\n<\/ul>\n<p style=\"font-weight: 400;\">For further information on the financial data, outlook and main industrial initiatives of Intesa Sanpaolo&#8217;s 2022-2025 Business Plan,\u00a0<a href=\"https:\/\/group.intesasanpaolo.com\/en\/investor-relations\" target=\"_blank\" rel=\"noopener\">consult the Investor Relations section<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Full year 2022 results are the best-ever\u00a0in Intesa Sanpaolo&#8217;s history, marked by a fourth quarter that was the best quarter ever for revenues &#8211; up 13% over the previous year &#8211; with a strong acceleration of net interest income. Intesa Sanpaolo exceeded its Business Plan commitments\u00a0for 2022 by achieving Net Income of \u20ac5.5 billion (excluding [&hellip;]<\/p>\n","protected":false},"author":4489,"featured_media":459210,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[15576,15575],"tags":[],"class_list":["post-779435","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-articles-en","category-news-and-articles-from-companies-en","company-17739"],"_links":{"self":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts\/779435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/users\/4489"}],"replies":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/comments?post=779435"}],"version-history":[{"count":0,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts\/779435\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/media\/459210"}],"wp:attachment":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/media?parent=779435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/categories?post=779435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/tags?post=779435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}