Intesa Sanpaolo stock falls 3.75 percent as MPS bid expands

Published on 10/07/2026 at 13:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Intesa Sanpaolo stock traded at EUR 6.26 on October 7, 2026, down 3.75 percent. The MPS offer now includes EUR 800 million in added cash.

Bauhaus-Poster mit geometrischen Formen und Schriftzug BANK — Bauhaus-Poster mit geometrischem Bankmotiv steht für Intesa Sanpaolo S.p.A., ISIN IT0000072618, führenden italienischen Finanzdienstleister, Illustration mit AI erstellt.

Intesa Sanpaolo stock (ISIN IT0000072618) was trading at EUR 6.26 on Borsa Italiana on October 7, 2026, at 1:37 p.m. CEST, down 3.75 percent from the prior close. The immediate company story is the enlarged Monte dei Paschi di Siena offer, which adds EUR 800 million in cash and raises the transaction value to EUR 35 billion, as TIKR reported on October 6, 2026.

MPS deal raises the stakes

The additional cash equals EUR 0.25 per MPS share and lifts the cash component from EUR 1.00 to EUR 1.25, a 25 percent increase. The offer still consists mainly of Intesa Sanpaolo shares, so the bank's own valuation remains central to the economics of the transaction.

Delfin, MPS's largest shareholder with a 17.6 percent stake, has committed to tender its shares and oppose the MPS defense plan at the October 29 vote, according to TIKR. The counter-factor is regulatory execution: Intesa has offered to sell 635 MPS branches, while an antitrust decision is expected in November.

Profit growth supports the offer

Intesa Sanpaolo reported EUR 5.6 billion of net income for the first half of 2026, up 6 percent year over year, including EUR 2.8 billion in the second quarter. Earnings per share increased 9 percent year over year, and management lifted 2026 net income guidance to more than EUR 10 billion, according to the Yahoo Finance transcript of the July 29, 2026 earnings call.

The stock's intraday level sits EUR 0.68 below its 52-week high of EUR 6.94 and EUR 1.45 above its 52-week low of EUR 4.81, both as of October 7, 2026. That range puts the MPS decision in a market valuation that has already moved well above the year's low but remains below the upper boundary.

Consensus target stays higher

The analyst consensus published by MarketScreener on September 22, 2026, was Buy from 13 analysts. The average target was EUR 7.271, with a high of EUR 7.800 and a low of EUR 6.070; the average target lies 16.1 percent above the October 7 price.

Jefferies separately kept a Buy rating and raised its target from EUR 7.80 to EUR 8.00 on September 30, 2026, according to finanzen.ch. The next test is the October 29 shareholder vote and the bank's third-quarter results scheduled for October 29.

Stock trades below yearly high

Intesa Sanpaolo stock was last at EUR 6.26 on Borsa Italiana on October 7, 2026 at 1:37 p.m. CEST. Market capitalization was EUR 110.6 billion and volume was 18,103,571 shares at that time.