Banca Monte dei Paschi di Siena, IT0005508921

Banca Monte dei Paschi di Siena stock follows strong Q3 and offer review

Published on 11/09/2026 at 10:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Banca Monte dei Paschi di Siena stock is in focus after nine-month profit rose 21.2%. The bank is assessing Intesa Sanpaolo's offer.

Strong results, open strategic path

Net profit for the first nine months reached EUR 1.657 billion, while third-quarter profit was EUR 543 million.
Revenue increased 5.6% year on year, supported by net interest and fee income.
The board is assessing Intesa Sanpaolo's voluntary public tender and exchange offer, with its review expected in November.

Banca Monte dei Paschi di Siena, IT0005508921, Illustration mit AI erstellt.

Banca Monte dei Paschi di Siena reported a strong first nine months on November 6, with net profit reaching EUR 1.657 billion, up 21.2% year on year. The figures come as the bank continues to assess Intesa Sanpaolo's voluntary public tender and exchange offer for all MPS shares.

The results were published in the bank's press release covering the period ended September 30. Revenue rose 5.6% to EUR 6.023 billion, while net interest income increased 3.0% and net fee and commission income gained 3.5%.

Profit growth meets strategic uncertainty

Third-quarter net profit was EUR 543 million, up 14.6% from the same quarter a year earlier. Pre-provision operating profit reached EUR 1.161 billion, an increase of 14.8% year on year, although it was lower than in the second quarter as seasonal effects weighed on some revenue lines.

Operating expenses were broadly stable at EUR 2.562 billion for the nine-month period. That helped reduce the cost-income ratio to 43%, while net operating income rose 11.5% to EUR 3.033 billion. The release also cited a fully loaded CET1 ratio of 16.4% at September 30, providing a substantial capital cushion against the new regulatory requirements.

The reported result includes EUR 195 million of net effects from the purchase price allocation related to the Mediobanca acquisition. MPS said comparative 2025 income-statement figures were restated to provide a like-for-like comparison after the acquisition, an important qualification when assessing the year-on-year earnings increase.

Credit indicators remained contained. Gross non-performing exposures stood at EUR 3.7 billion, with a gross NPE ratio of 2.4%, a net NPE ratio of 1.2% and total NPE coverage of 51%. Customer loans reached EUR 150.8 billion, up EUR 7.9 billion from the end of 2025.

MPS said its board is continuing to analyse Intesa Sanpaolo's offer under Article 103 of Italy's Consolidated Law on Finance. The assessment will be based on the offer document and other available information and is expected to be completed in November, according to the bank's stated timetable.

Banca Monte dei Paschi di Siena stock traded at 11.37 euros on Lang & Schwarz at 10:11 CET on Monday, November 9, 2026; the real-time quote of Banca Monte dei Paschi di Siena stock is available online.