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 2021 Intesa Sanpaolo SpA Earnings Call Transcript

Aug 04, 2021 / 01:30PM GMT
Release Date Price: $2.78
Operator

Good afternoon, ladies and gentlemen, and welcome to the conference call of Intesa Sanpaolo for the presentation of the first half '21 results, hosted today by Mr. Carlo Messina, Chief Executive Officer. My name is Simon, and I'll be your coordinator for today's conference. (Operator Instructions) Today's conference is being recorded.

And at this time, I would like to turn 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 2021 results conference call. This is Carlo Messina, Chief Executive; and I'm here with Stefano Del Punta, CFO; and Marco Delfrate and Andrea Tamagnini, Investor Relations Officers.

I'm very proud that even under stress from the pandemic, we achieved excellent results. We've delivered a net income of EUR 3 billion, the best first semester since 2008, and this puts us firmly on track to deliver a full year net income of minimum EUR 4 billion. We strengthened our rock-solid

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