ROME, Jan. 2, 2025 – Intesa Sanpaolo has claimed the position of the largest bank in the Eurozone by market capitalisation, reaching a value of €69 billion. This achievement was confirmed by its closing share price of €3.8630 on January 1, 2025. The bank now surpasses Santander (€67 billion) and BNP Paribas (€66 billion) in market value.
A Strong Position in European Banking
Intesa Sanpaolo’s market value-to-equity ratio is higher than that of other leading European banks such as HSBC and UBS. The bank’s performance in the stock market also solidifies its standing as the leader in the Eurozone for total shareholder return over the past decade, which combines share price growth and dividends. Over this period, the bank has seen a remarkable 213% increase in total shareholder return.
Since January 2014, Intesa Sanpaolo’s stock price has grown by 115%, adding €40 billion to its market capitalisation. In addition, the bank has distributed €31 billion in dividends, resulting in a total cash dividend yield of 98%.
A Strategy That Investors Appreciate
Intesa Sanpaolo’s strategic approach, led by CEO Carlo Messina, has won praise from investors. The strategy focuses on organic growth and a diversified business model. A significant portion of the bank’s revenue comes from wealth management, contributing to strong and sustainable profitability. The bank also maintains solid capitalisation and invests heavily in technological innovation and employee development.
In addition to its business growth, Intesa Sanpaolo is dedicated to social responsibility. The bank has launched an international programme aimed at combating food poverty, promoting healthcare, and providing shelter for vulnerable individuals. The bank has committed €1.5 billion to this initiative by 2027.
Looking Ahead to 2025
In 2025, Intesa Sanpaolo aims to complete the business strategy it first unveiled in February 2022. The bank’s net profit target was originally set at over €6.5 billion but was revised upwards to €9 billion following the release of its Q3 2024 results. The board of directors, chaired by Gian Maria Gros-Pietro and led by Carlo Messina, will undergo renewal by shareholders, including foundations, in the spring of 2025.
