Earnings Call Summary | INTESA SANP ADR(ISNPY.US) Q1 2024 Earnings Conference
Earnings Call Summary | INTESA SANP ADR(ISNPY.US) Q1 2024 Earnings Conference
The following is a summary of the Intesa Sanpaolo S.p.A. (ISNPY) Q1 2024 Earnings Call Transcript:
以下是Intesa Sanpaolo S.p.A.（ISNPY）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Intesa Sanpaolo S.p.A. posted a net income of €2.3 billion in Q1 2024, marking its best quarter since 2007.
Earnings per share showed a 21% year-on-year increase.
The bank is projecting a total shareholder distribution of at least €7.3 billion for 2024, which includes a €1.7 billion buyback slated for June.
The common equity ratio has increased, and the company retained its zero NPL status.
The bank is aiming for a net income exceeding €8 billion both in the current year and the next one.
Customer financial assets expanded by €120 billion year-on-year, with nearly €30 billion added in Q1, pushing the total to over €1.3 trillion.
There has been robust growth in the fee and commission segment, with a 6% year-on-year growth rate.
Intesa Sanpaolo S.p.A. 公布的2024年第一季度净收入为23亿欧元，这是自2007年以来的最佳季度。
每股收益同比增长21％。
该银行预计，2024年的股东分配总额至少为73亿欧元，其中包括定于6月进行的17亿欧元的回购。
普通股比率有所提高，公司保持了零不良贷款地位。
该银行的目标是在今年和下一年实现超过80亿欧元的净收入。
客户金融资产同比增长1200亿欧元，第一季度增加了近300亿欧元，使总额达到1.3万亿欧元以上。
费用和佣金部分增长强劲，同比增长6％。
Business Progress:
业务进展：
The bank has allocated €3 billion towards technology transformation.
Significant progress has been made towards achieving ESG targets, with almost all projects running ahead of schedule; this initiative includes the appointment of a Chief Sustainability Officer to consolidate ESG activities.
Intesa Sanpaolo S.p.A. operates on a diverse business model that remains productive under any interest rate conditions. It is well-positioned to capitalize on an upswing in wealth management when rates diminish.
The creation of a new committee aimed at amplifying the growth of fees and commissions has borne fruit, with positive results observed in the first quarter.
Plans for reducing the workforce by around 1400 in 2024 are on the table as part of cost control measures.
The bank's future strategy places a strong emphasis on investments in technology, to fortify its leadership in this area while maintaining a sustainable business model oriented towards wealth management and advisory services.
该银行已拨款30亿欧元用于技术转型。
在实现ESG目标方面取得了重大进展，几乎所有项目都提前运行；该计划包括任命首席可持续发展官以整合ESG活动。
Intesa Sanpaolo S.p.A. 采用多元化的商业模式，在任何利率条件下都能保持生产力。当利率下降时，它完全有能力利用财富管理的上升势头。
旨在扩大费用和佣金增长的新委员会的成立取得了成果，第一季度取得了积极成果。
作为成本控制措施的一部分，计划在2024年裁员约1400人。
该银行的未来战略非常重视科技投资，以巩固其在该领域的领导地位，同时保持以财富管理和咨询服务为导向的可持续商业模式。
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译文内容由第三方软件翻译。