52 Week Range
As of on the Italian SE (Mercato Continuo Italia) ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
UBI Banca To Appoint Financial And Legal Advisors To Assess Intesa Sanpaolo's Offer
Intesa Sanpaolo CEO upbeat on outcome of UBI offer
Intesa CEO says UBI offer was discussed with ECB supervisors
Intesa Sanpaolo S.p.A. is a banking company. The Company's segments include Banca dei Territori, Corporate and Investment Banking, International Subsidiary Banks, Asset Management, Private Banking and Insurance. The Banca dei Territori division includes the Company's traditional lending and deposit collecting activities. The Corporate and Investment Banking Division includes corporate banking, investment banking and public finance in Italy and abroad. The International Subsidiary Banks Division oversees the Company's commercial operations on international markets through subsidiary and associated banks primarily involved in retail banking operations. The Private Banking Division provides private and high net worth individuals with specific products and services. The Asset Management Division is engaged in developing asset management solutions. The Insurance Division oversees the management of the subsidiaries, Intesa Sanpaolo Vita S.p.A. and Fideuram Vita S.p.A.
Piazza San Carlo, 156
Gian Maria Gros-Pietro
Chairman of the Board
Chief Executive Officer, Managing Director, General Manager
Paolo Andrea Colombo
Deputy Chairperson of the Board
Stefano Del Punta
Chief Financial Officer
Rosario Giacomo Strano
Chief Operating Officer
Price To Earnings (TTM)
Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
Return on Investment (TTM)
Return on Equity (TTM)
The Italian government has no position on Intesa Sanpaolo's bid for UBI Banca but is in favour of consolidation of the overall banking sector, Deputy Economy Minister Antonio Misiani said on Friday.
Italy's UBI Banca is looking at alternative merger plans to fend off an unwanted bid from Intesa Sanpaolo and may explore a takeover of Monte dei Paschi as part of its defence, two sources told Reuters.
A group of UBI Banca <UBI.MI> investors holding 18% of the Italian bank's share capital on Monday dismissed Intesa Sanpaolo's <ISP.MI> takeover offer as unacceptable, casting doubt on a bid to create an Italian banking champion.
A group of domestic investors in UBI Banca holding in aggregate nearly 18% of the Italian bank's capital on Thursday said a takeover offer by Intesa Sanpaolo was unacceptable.
The head of Intesa Sanpaolo expressed confidence on Thursday that an unsolicited takeover bid for rival UBI Banca would succeed despite a cautious reception from UBI's board, and reiterated the price would not be raised.
Italian financial group Unipol <UNPI.MI> will buy a number of bancassurance joint ventures for around 300 million euros ($323.73 million) as part of the Intesa's <ISP.MI> proposed bid for Ubi Banca <UBI.MI>, CEO Carlo Cimbri said on Thursday.
Italian financial group Unipol will spend around 300 million euros ($323.73 million) to buy mid-sized lender Ubi Banca's bancassurance joint ventures as part of the Intesa/Ubi Banca proposed deal, CEO Carlo Cimbri said on Thursday.
* Breakingview on banking M+A (Recasts, adds quotes, detail, background)
The chief executive of UBI Banca said on Wednesday authorisation of the surprise bid by Intesa Sanpaolo was a complex process and far from a done deal.
The chief executive of Italy's Banco BPM said the bank would press on with its standalone plans after Intesa Sanpaolo's surprise bid for smaller rival UBI Banca.
The head of UniCredit <CRDI.MI> repeated in a letter to staff on Wednesday that Italy's biggest bank had no intention of engaging in merger and acquisition deals following Intesa's <ISP.MI> blitz move to buy rival UBI Banca <UBI.MI>.
DBRS Morningstar said on Wednesday Intesa Sanpaolo's <ISP.MI> 4.9 billion euro ($5.3 billion) takeover bid for UBI Banca <UBI.MI> would be "broadly credit positive" for Intesa.
Intesa Sanpaolo's surprise 4.9 billion euro ($5.3 billion) takeover bid for UBI Banca answers supervisor calls for mergers to bolster Europe's banking sector and its global clout, Italy's top retail bank said.
Italian regional lender BPER Banca expects to raise about 800 million euros ($865 million) in a rights issue to buy customers from UBI Banca and Intesa Sanpaolo in a move that will make it the country's fifth-biggest bank.
BPER Banca CEO Alessandro Vandelli says in a call on the planned acquisition of branches in the Intesa Sanpaolo-UBI deal:
BPER Banca Chief Executive Alessandro Vandelli tells analysts in a conference call:
BPER Banca says in slides prepared for analyst presentation:
The board of Italy's UBI Banca is set to meet on Wednesday to discuss the takeover bid tabled by bigger rival Intesa Sanpaolo <ISP.MI, a source familiar with the situation said on Tuesday.
Italy's banking sector unions said on Tuesday Intesa Sanpaolo's surprise 4.86 billion euro ($5.26 billion) takeover bid for UBI Banca would likely "create value" for both the banks' shareholders and the country.
The European Central Bank is ready to accompany "sound consolidation" among euro zone banks, an ECB spokesperson said on Tuesday when asked about Intesa Sanpaolo's offer for fellow Italian lender UBI Banca .
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.