Intesa Sanpaolo (ISNPY) Expected to Announce Quarterly Earnings on Monday

Key Points

• Intesa Sanpaolo is expected to report its quarterly earnings on August 11th, with analysts predicting earnings of $0.93 per share and revenue of $6.85 billion.
• The company has recently increased its dividend payout to $0.8413 per share, significantly up from the previous $0.41, showcasing a high dividend yield of 481.0%.
• Shares of Intesa Sanpaolo have traded up to $35.96, with a market cap of approximately $106.70 billion and a price-to-earnings ratio of 11.17.

Intesa Sanpaolo (OTCMKTS:ISNPY - Get Free Report) is projected to post its quarterly earnings results before the market opens on Monday, August 11th. Analysts expect Intesa Sanpaolo to post earnings of $0.93 per share and revenue of $6.85 billion for the quarter.

Intesa Sanpaolo (OTCMKTS:ISNPY - Get Free Report) last posted its quarterly earnings data on Monday, May 26th. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.06. Intesa Sanpaolo had a return on equity of 13.15% and a net margin of 20.01%. The firm had revenue of $7.70 billion for the quarter, compared to the consensus estimate of $6.87 billion. On average, analysts expect Intesa Sanpaolo to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Intesa Sanpaolo Trading Up 1.7%

OTCMKTS:ISNPY traded up $0.63 during trading hours on Friday, hitting $37.48. 128,194 shares of the stock were exchanged, compared to its average volume of 142,098. The company's 50 day moving average is $34.67 and its two-hundred day moving average is $31.69. Intesa Sanpaolo has a twelve month low of $22.32 and a twelve month high of $37.60. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.69. The company has a market capitalization of $111.21 billion, a P/E ratio of 11.64, a price-to-earnings-growth ratio of 1.29 and a beta of 1.07.

Intesa Sanpaolo Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, June 2nd. Shareholders of record on Wednesday, May 21st were issued a dividend of $0.8413 per share. The ex-dividend date of this dividend was Tuesday, May 20th. This represents a yield of 481.0%. This is a positive change from Intesa Sanpaolo's previous dividend of $0.41. Intesa Sanpaolo's dividend payout ratio (DPR) is currently 52.17%.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets downgraded Intesa Sanpaolo from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 7th.

About Intesa Sanpaolo

Intesa Sanpaolo S.p.A. provides various financial products and services primarily in Italy. It operates through six segments: Banca dei Territori, IMI Corporate & Investment Banking, International Subsidiary Banks, Asset Management, Private Banking, and Insurance. The company offers lending and deposit products; private and commercial banking, corporate and transaction banking, structured finance, investment banking, public finance, and capital markets; industrial credit, leasing, and factoring; asset management; life and non-life insurance and pension products; asset and wealth management; private investments; and bancassurance products.