Intesa Raises 2026 Profit Guidance as Monte dei Paschi Bid Nears
Intesa Sanpaolo raised its 2026 net profit outlook for the second time, citing higher revenue and stable costs, as it prepares to launch a bid for Banca Monte dei Paschi di Siena.
By Michael HennesseyIntesa Sanpaolo raised its 2026 net profit outlook for the second time, citing higher revenue and stable costs, as the Italian bank prepares to launch its bid for smaller rival Banca Monte dei Paschi di Siena.The lender on Tuesday said it expects net profit for the year to be we…