Brief: Intesa has room to significantly beat its profit guidance, CEO says

Mediobanca Banca Di Credito Finanziario SpA

29/07/2026 14:52

July 29 (Reuters) - Intesa Sanpaolo Chief Executive Carlo Messina tells analysts' call:
2% LOAN GROWTH RATE IS TREND RATE, FURTHER ACCELERATION TO BETWEEN 2%-5% SEEN IN 2027
CAN EASILY DELIVER RESULTS THAT SIGNIFICANTLY EXCEED OUTLOOK
HAVE KEPT OUTLOOK PRUDENT TO LEAVE ROOM FOR MANAGERIAL ACTIONS
WE CAN EXCEED OUTLOOK ON REVENUES BUT ALSO ON THE COST SIDE
PLAN IS TO PLACE GENERALI STAKE UNDER INSURANCE BUSINESS AND HAVE DANISH COMPROMISE FROM DAY 1
ANY EXTRAORDINARY DIVIDEND FROM MONTE DEI PASCHI WOULD REQUIRE ECB AND SHAREHOLDER APPROVALS
SELLING THE GENERALI STAKE FOR MPS IS NOT EASY, WHO WOULD BE THE BUYER?
WE DON'T EXPECT UNICREDIT WOULD BUY THE GENERALI STAKE FROM MPS
WE WOULD HAVE TO RECONSIDER TRANSACTION IF MPS MANAGED TO HAVE ECB AND EGM APPROVAL TO DISPOSE OF GENERALI STAKE
ZERO POSSIBILITY OF HIGHER PRICE IN MPS BID

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 (Reporting by Milan Newsroom)