Banca Monte dei Paschi di Siena, IT0005508921

Banca Monte dei Paschi di Siena stock beats Q3 estimates as bid nears

Published on 11/06/2026 at 10:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Banca Monte dei Paschi di Siena stock follows profit of 1.657 billion euros for nine months. Q3 profit and revenue beat estimates before Intesa's bid.

Results and takeover timetable

Revenue growth in the first nine months was driven by higher net interest and commission income.
MPS said its board is reviewing Intesa Sanpaolo's public takeover bid.
The offer is expected to launch in the week of November 23.

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

Banca Monte dei Paschi di Siena reported stronger-than-expected third-quarter results on Friday, November 6, giving the Italian bank a positive earnings backdrop as Intesa Sanpaolo prepares a public takeover bid. Il Sole 24 Ore reported that net profit in the three months through September reached 543 million euros, above the 533 million euro consensus estimate.

Profit and revenue beat estimates

Third-quarter revenue reached 1.998 billion euros, compared with the 1.978 billion euro forecast. Net operating profit was 1.024 billion euros, 6.1 percent above the 965 million euro estimate, making the operating result the strongest element of the quarterly performance.

For the first nine months, net profit rose 21.2 percent year on year to 1.657 billion euros. Revenue increased 5.6 percent to 6.023 billion euros, supported by a 3 percent rise in net interest income and a 3.5 percent gain in net commission income. Operating costs were stable at 2.562 billion euros, while the cost-to-income ratio improved to 43 percent from a year earlier.

Capital and asset-quality indicators remained important for investors. The fully loaded CET1 ratio stood at 16.4 percent, up from 16.3 percent in June, with a buffer of about 680 basis points above regulatory requirements. The net non-performing exposure ratio was 1.2 percent, while the cost of credit stood at 38 basis points.

Intesa bid remains central

The results arrive as shareholders assess the next stage of Intesa Sanpaolo's offer. MPS said its board is examining the public takeover bid and plans to announce its position in November after reviewing the offer document. The offer is expected to be launched in the week of November 23, according to the report.

Shareholders rejected on October 29 a defensive plan backed by Chief Executive Luigi Lovaglio that included potential acquisitions of Banco BPM and Banca Generali. That decision removed a major obstacle to Intesa's proposed transaction, leaving regulatory steps and the offer process as the main developments for investors to monitor.

Banca Monte dei Paschi di Siena stock traded at 11.33 euros on Lang & Schwarz at 10:15 CET on Friday, November 6, 2026. Investors can follow the real-time quote of Banca Monte dei Paschi di Siena stock.