Intesa Sanpaolo stock trades near EUR 6.87 after guidance rises

Intesa Sanpaolo stock (IT0005239360) traded at EUR 6.865 on 12 August 2026, according to MarketScreener, after the shares were up 15.76% year to date. The bank raised 2026 net income guidance to above EUR 10 billion after reporting EUR 5.6 billion in first-half net income on 29 July 2026, a combination that keeps earnings momentum at the center of the story.

EUR 6.865 and 15.76%

The current quote of EUR 6.865 on 12 August 2026 also sat close to the 1-year range high of EUR 6.88 shown by MarketScreener. The same source showed a market capitalization of about EUR 120 billion and a 2026 price-to-earnings ratio of 11.6x, both useful markers for a stock that has already re-rated this year.

Guidance now above EUR 10 billion

On 29 July 2026, Intesa Sanpaolo said first-half net income reached EUR 5.6 billion and that full-year 2026 net income guidance had been lifted to above EUR 10 billion, according to its results release listed by MarketScreener. Morningstar DBRS later highlighted that the bank was among the European lenders that upgraded 2026 targets after a strong Q2 2026 reporting season.

That comparison matters because the updated guidance is anchored against a half-year result that already covers more than half of the new full-year floor. It also places the bank in the broader context of European banks that improved profitability targets in Q2 2026, with Morningstar DBRS pointing to stronger revenue momentum and a lower average cost-income ratio across the sample.

Cost base and valuation

MarketScreener also showed an implied 2026 dividend yield of 6.51% and a 2027 yield of 7.61% for Intesa Sanpaolo on 12 August 2026. The valuation screen added a 2027 P/E of 10.6x, suggesting that the market is still pricing the shares on a single-digit to low-double-digit earnings multiple even after the year-to-date advance.

Banking income and capital base

Morningstar DBRS said European banks benefited in Q2 2026 from resilient net interest income, stronger fee generation and a cost-income ratio of 47.8% on average, with aggregate net profit up around 18% year on year. For Intesa Sanpaolo, that sector backdrop supports the market reading of the bank's EUR 5.6 billion first-half profit and the new 2026 net income floor above EUR 10 billion.

Retails, fees and the bank model

Intesa Sanpaolo's business profile still rests on a large domestic retail base, wealth management and insurance alongside corporate and investment banking. In the latest valuation and results screens, the mix showed up through the 2026 revenue and profit expectations, the 6.51% dividend yield estimate and the 120 billion euro market value reported on 12 August 2026.

Shares around the high

Intesa Sanpaolo stock traded at EUR 6.865 on 12 August 2026, with MarketScreener showing a 1-year high of EUR 6.88 and a 5-day gain of 1.46%. The quote remained close to the top of the 2026 range while the market kept focus on whether the upgraded guidance can translate into another full-year earnings beat.