Intesa Sanpaolo outlines strategic targets to 2030, shares in Italian banking focus

By Stefan Krueger, Long-Term & Business Model desk. Reviewed prior to publication on 2026-06-28, 11:47.

Intesa Sanpaolo (IT0000072618) has framed its profitability and capital distribution ambitions through a detailed 2022-2025 and 2022-2030 business plan that continues to anchor its position among European banks, with peers such as UniCredit and BNP Paribas in focus.Intesa Sanpaolo strategic plan overview

What the strategic plan targets

Per the published business plan, Intesa Sanpaolo aims for a return on equity above 13 percent in the 2022-2025 period, supported by a cost of risk target of around 30 basis points and a solid capital position.2022-2025 Business Plan presentation The group has also indicated a cumulative net income ambition of more than 26 billion euros for 2022-2025, underpinned by fee-based business growth and resilient net interest income in its Italian home market.Financial results and plan assumptions

Dividend and payout ambitions

Dividend policy is central to Intesa Sanpaolo’s equity story, with management indicating a cash payout ratio of around 70 percent of cumulative net income for 2022-2025, complemented by potential share buybacks subject to regulatory approvals.Reuters analysis of Intesa Sanpaolo payout targets The bank underscores a commitment to distributing at least 6.6 billion euros in dividends relating to 2021 results and subsequent years, positioning the shares as a yield-focused play in the Italian banking sector.Intesa Sanpaolo dividend policy

The business behind the stock

Intesa Sanpaolo generates most of its revenue from traditional retail and commercial banking in Italy, with a strong franchise in mortgages, consumer lending and deposit gathering, complemented by wealth management and insurance activities via its Fideuram and Intesa Sanpaolo Vita operations.Group structure and core divisions The group also maintains a presence in Central and Eastern Europe through its International Subsidiary Banks division, adding geographic diversification to the domestic-focused earnings base.

Where the stock trades today

The Intesa Sanpaolo shares (IT0000072618) trade on Borsa Italiana in Milan, with the last verified price at 3.10 euros on 2026-06-26, 17:30 CET, according to exchange data.

This text is for information purposes only and does not constitute investment advice, a recommendation to buy or sell securities, or any other form of financial guidance. All data have been checked to the best of our knowledge but carry no guarantee.