(Finance) – “We recorded the best start to the year ever with high quality results thanks to the strong acceleration of commissions and insurance activity”. CEO of Intesa Sanpaolo, Carlo Messinaopening the conference call with analysts on the results for the first quarter of 2024. The profit of 2.3 billion achieved in the first three months, he underlined, is the “best quarterly net result since 2007”.
“In 2024 we will distribute 7.3 billion to shareholders including the buyback 1.7 billion whose plan will begin in June, Messina further said. We are perfectly in line with the net result objective above 8 billion in 2024″.