Intesa Sanpaolo approves MPS capital increase: Intesa Sanpaolo stock falls 3.13 percent

Published on 10/22/2026 at 11:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The offer covers 3,037,594,735 MPS shares. Intesa Sanpaolo stock costs EUR 5.88 on October 22, 2026, 3.13 percent below Xetra close.

MPS transaction and earnings

On October 19, 2026, Intesa Sanpaolo approved an offer covering 3,037,594,735 MPS shares.
For the first half of 2026, net income reached EUR 5.6 billion and 2026 guidance exceeded EUR 10 billion.
Intesa Sanpaolo stock trades at EUR 5.88 at 11:47 a.m. CEST at Lang & Schwarz on October 22, 2026, 3.13 percent below the Xetra close of October 21, 2026.

Isometrische 3D-Illustration einer modernen Bankfiliale mit Schalter, ATM und Tresorraum — Intesa Sanpaolo IT0000072618 – Isometrische 3D-Filiale mit Schalter, ATM und Tresorraum im Schnitt, Illustration mit AI erstellt.

Intesa Sanpaolo (ISIN IT0000072618) stock trades at EUR 5.88 at Lang & Schwarz on October 22, 2026 at 11:47 a.m. CEST, 3.13 percent below the Xetra close of October 21, 2026 at EUR 6.07. On October 19, 2026, the board approved a capital increase for its voluntary public tender and exchange offer for Banca Monte dei Paschi di Siena, according to the Intesa Sanpaolo release.

MPS offer covers 3,037,594,735 shares

The transaction is sized for a maximum of 3,037,594,735 MPS shares, excluding 823,448 shares already held by Intesa Sanpaolo. The official release also says the offer could increase by 272,012,804 shares if the Mediobanca merger into MPS becomes effective before the acceptance period closes.

On October 21, 2026, the bank said amended articles of association had been registered after the October 19 board resolution. The filing keeps the capital increase tied to the MPS offer, according to the Intesa Sanpaolo filing.

What does the 96.96 percent vote mean?

Shareholder backing has been substantial: 96.96 percent of voting shares supported the capital increase at the October 16, 2026 meeting, according to Simply Wall St. The vote gives management a clear corporate authorization, while regulatory steps still determine the timetable for the offer.

Three milestones from October

On October 12, 2026, Intesa Sanpaolo reported the cancellation of 350,415,525 treasury shares. On October 16, 2026, shareholders approved the capital increase with 96.96 percent of voting shares. On October 19, 2026, the board approved the offer-related increase covering up to 3,037,594,735 MPS shares, according to Intesa Sanpaolo, Simply Wall St and Intesa Sanpaolo.

Earnings and transaction dates

The MPS shareholders meeting is scheduled for October 29, 2026, according to MarketScreener. Intesa Sanpaolo's third-quarter results are scheduled for October 30, 2026, according to Yahoo Finance.

For context, first-half 2026 net income was EUR 5.6 billion and second-quarter net income was EUR 2.79 billion, up 7.40 percent year over year. The bank also raised its 2026 net income guidance to more than EUR 10 billion, according to Simply Wall St.

Stock tracks the transaction timetable

Intesa Sanpaolo's market value was EUR 101.9 billion and its 52-week range was EUR 4.83 to EUR 6.95 as of October 22, 2026. The stock is listed on Borsa Italiana under the ticker ISP, while the MPS timetable and the upcoming results give investors two dated checkpoints for assessing execution.

Intesa Sanpaolo was trading at EUR 5.88 at Lang & Schwarz on October 22, 2026 at 11:47 a.m. CEST, 3.13 percent below the Xetra close of October 21, 2026 at EUR 6.07. The further course of trading is shown by the continuously updated real-time quote of Intesa Sanpaolo stock.