fintech / news / / Reuters
Intesa said net revenue rose 5% year-on-year to 7.15 billion euros ($8.4 billion) Net income in the three months to March 31 also topped expectations, rising 6% to 2.76 billion euros.
Intesa's net revenue rose 5% year-on-year to 7.15 billion euros, beating consensus forecasts.
KEY POINTS
- Intesa's Q1 net income increased 6% to 2.76 billion euros, exceeding expectations.
- Trading income soared to 505 million euros, a tenfold rise from the previous quarter.
- 400 million euros in gains came specifically from securities portfolio and treasury operations.
- Intesa reconfirmed its full-year profit target of around 10 billion euros.
COMPANIES
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