Intesa Sanpaolo 1Q Net Profit Rose Sharply
08 Mayo 2018 - 07:00AM
Noticias Dow Jones
By Pietro Lombardi
Intesa Sanpaolo SpA (ISP.MI) said Tuesday that its first-quarter
net profit rose 39%, citing growing net interest income, fees and
commissions and income from insurance business.
The Italian bank posted a net profit of 1.25 billion euros
($1.49 billion) compared with EUR901 million in the same period
last year.
Analysts expected the bank to post a net profit of EUR890
million for the period, according to a consensus forecast provided
by FactSet.
Net interest income rose 2.8% to EUR1.86 billion, while fees and
commissions stood at EUR2.01 billion compared with EUR1.86 billion
a year earlier.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
May 08, 2018 07:45 ET (11:45 GMT)
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