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)

Copyright (c) 2018 Dow Jones & Company, Inc.
Intesa Sanpaolo (BIT:ISP)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024 Haga Click aquí para más Gráficas Intesa Sanpaolo.
Intesa Sanpaolo (BIT:ISP)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024 Haga Click aquí para más Gráficas Intesa Sanpaolo.