Delfin backs Intesa bid: Intesa Sanpaolo stock sits 8.36 percent below high

Published on 10/05/2026 at 10:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half net income was EUR 5.55 billion, up 6.00 percent year on year. Intesa Sanpaolo stock costs EUR 6.36 on October 5, 2026 versus EUR 6.38.

Makroaufnahme von Euro-Banknoten und Münzen in Nahaufnahme — Makroaufnahme von Euro-Banknoten symbolisiert Intesa Sanpaolo S.p.A., ISIN IT0000072618, europäischen Bankkonzern und dessen Kerngeschäft, Illustration mit AI erstellt.

Intesa Sanpaolo stock (ISIN IT0000072618) was trading at EUR 6.36 at Lang & Schwarz on October 5, 2026 at 10:00 a.m. CEST, 8.36 percent below its 52-week high of EUR 6.94. Reuters reported on October 5, 2026 that Delfin had committed to tendering its 17.6 percent stake in Monte dei Paschi di Siena under Intesa Sanpaolo's improved offer.

Delfin strengthens the MPS bid

Delfin's undertaking covers 534.68 million MPS shares and includes voting at the October 29, 2026 shareholder meeting in line with the offer terms. The commitment gives Intesa Sanpaolo support from MPS's largest shareholder as the Italian banking transaction moves toward a decisive vote.

Reuters said Intesa Sanpaolo's offer is valued at EUR 35.0 billion and that the bank increased the cash component by EUR 800.0 million. The cash component now stands at EUR 1.25 per MPS share, while the exchange ratio remains 1.60 newly issued Intesa Sanpaolo shares for each MPS share.

Profit growth supports the strategy

Intesa Sanpaolo reported EUR 5.55 billion in net income for the first half of 2026. The figure formed part of the bank's strongest six-month performance, while its market capitalization was EUR 117.5 billion as of September 30, 2026 in the company brochure.

In its first-half 2026 results call, Yahoo Finance reported that net income was up 6.00 percent year on year and that Intesa Sanpaolo raised its 2026 net income guidance to more than EUR 10.0 billion. Management also expects EUR 9.4 billion in shareholder distributions through dividends and buybacks in 2026.

Stock stays below yearly high

At Lang & Schwarz, the stock was trading at EUR 6.36 on October 5, 2026 at 10:00 a.m. CEST, down 0.31 percent versus the prior close of EUR 6.38 on October 2, 2026. The primary listing is on Borsa Italiana, where the 52-week range was EUR 4.81 to EUR 6.94 as of October 4, 2026.

The further course of trading is shown by the continuously updated real-time quote of Intesa Sanpaolo stock.