0719 GMT - Intesa Sanpaolo doesn't need revolutionary changes to continue delivering leading profitability and shareholder returns, RBC Capital Markets says in a research note. The Italian bank has a good track record and well-run business model, analysts write. "We see room for incremental, controllable actions to consolidate the bank's ability to deliver a through-the-cycle [around] 20% [return on equity] as we approach the upcoming strategic plan," they say. Actions include extra cost savings in its Italian retail banking arm and capital efficiency and revenue growth initiatives in its corporate and investment bank, they add. Intesa should also benefit from increasing loan demand and from cementing its market share in wealth and asset management. RBC starts coverage with an outperform rating on the stock and 7.0 euro price target. Shares rise 1% to 5.44 euros. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
October 16, 2025 03:20 ET (07:20 GMT)
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