Banca Monte dei Paschi di Siena stock lifts outlook after strong Q3
Published on 11/07/2026 at 11:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSProfit growth and takeover pressure
- Third-quarter profit rose year on year as nine-month revenue and operating profit also increased.
- Management lifted 2026 pretax-profit guidance above 3.7 billion euros after the shareholder vote rejected its defensive strategy.
Banca Monte dei Paschi di Siena reported a stronger third quarter and lifted its 2026 profit outlook on Friday, November 6, as the Italian lender continued to navigate Intesa Sanpaolo's takeover bid.
Borsa Italiana reported net profit of 543 million euros for the third quarter, up 14.6 percent from a year earlier. Nine-month net profit increased 21.2 percent to 1.657 billion euros, while revenue rose 5.6 percent to 6.023 billion euros.
Guidance rises after strong quarter
Pre-provision profit reached 1.161 billion euros in the quarter, an increase of 14.8 percent year on year. For the first nine months, pre-provision operating profit climbed 10.2 percent to 3.461 billion euros. Third-quarter revenue was 1.998 billion euros, below the 2.065 billion euros recorded in the previous quarter.
Management raised its 2026 profit-before-tax guidance to above 3.7 billion euros. The bank also reported a fully loaded CET1 ratio of 16.4 percent, providing a substantial capital buffer as strategic uncertainty remains high.
Takeover remains the key catalyst
Shareholders rejected the management-backed defensive plan on Thursday, October 29, clearing a major obstacle for Intesa Sanpaolo's proposed takeover. The vote leaves regulatory approvals and the offer process as the next major milestones for investors.
Banca Monte dei Paschi di Siena stock traded at 11.22 euros on Lang & Schwarz at 11:23 CET on Saturday, November 7, 2026. Investors can follow the real-time quote of Banca Monte dei Paschi di Siena stock.
Italy's banking shares remain sensitive to takeover activity and capital-market conditions on the FTSE MIB.
More news and analyses on Banca Monte dei Paschi di Siena stock.
Banca Monte dei Paschi di Siena
- ISIN: IT0005508921
- Lang & Schwarz quote: 11.22 euros, Saturday, November 7, 2026, 11:23 CET
- Third-quarter net profit: 543 million euros
- Nine-month net profit: 1.657 billion euros
- 2026 pretax-profit guidance: Above 3.7 billion euros
