Intesa Sanpaolo (OTCPK:IITSF)
$ 3.915 0.07 (1.82%) Market Cap: 69.89 Bil Enterprise Value: 128.68 Bil PE Ratio: 7.33 PB Ratio: 0.98 GF Score: 69/100
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Q2 2019 Intesa Sanpaolo SpA Earnings Call Transcript

Jul 31, 2019 / 01:00PM GMT
Release Date Price: $2.24
Operator

Good afternoon and welcome to the conference call of Intesa Sanpaolo for the presentation of the 2019 half year results hosted today by Mr. Carlo Messina, Chief Executive Officer. My name is Cleena, and I'll be your coordinator for today's conference. (Operator Instructions) Today's conference call is being recorded.

At this time, I'd like to hand the call over to Mr. Carlo Messina. Sir, you may begin.

Carlo Messina
Intesa Sanpaolo S.p.A. - MD, CEO, GM & Executive Director

Good afternoon, ladies and gentlemen, and welcome to our first half results conference call. This is Carlo Messina, Chief Executive. And I'm here with Stefano Del Punta, CFO; Marco Delfrate; and Andrea Tamagnini, Investor Relations Officers.

Before diving into the details, let me highlight that we are very proud of the bank's performance in the first half of the year. ISP continues to deliver strong results despite an external environment that has been less supportive for revenues than expected, but we see signs of improvement in June and July.

Net income in

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