1221 GMT - Intesa Sanpaolo's third-quarter print looks solid as stronger fees offset slightly weaker net interest income, J.P. Morgan says in a research note. The Italian bank also showed good cost control and capital build in its results and reiterated guidance for net profit to be well above 9 billion euros this year, including charges for managerial actions which it will book in the fourth quarter. "We expect limited [earnings per share] changes with estimates more dependent on the new business plan targets to be announced with FY25 results," analysts Delphine Lee and Kian Abouhossein write. Shares fell 2.7% to 5.55 euros. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
October 31, 2025 08:22 ET (12:22 GMT)
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