INTESA SANPAOLO: consolidated results as at 31 December 2016
PRESS RELEASE
INTESA SANPAOLO: CONSOLIDATED RESULTS AS AT 31DECEMBER 2016
NET INCOME FOR 2016 WAS 3.1 BILLION. EXCLUDING CONTRIBUTIONS AND OTHER CHARGES CONCERNING THE BANKING INDUSTRY, NET INCOME WAS 3.7 BILLION.
PROPOSED CASH DIVIDENDS AMOUNT TO 3 BILLION.
THE CAPITAL BASE WAS STRONG AND WELLABOVE REGULATORY REQUIREMENTS, EVEN UNDER THE ADVERSE SCENARIO OF THE STRESS TEST. PRO-FORMA FULLY LOADED COMMON EQUITY RATIO WAS 12.9% NET OF PROPOSED DIVIDENDS.
THE CREDIT TREND IMPROVED, WITH BOTH THE NPL STOCK AND NPL INFLOW FROM PERFORMING LOANS DIMINISHING (NPL YEARLY INFLOW WAS AT ITS LOWEST SINCE THE CREATION OF INTESA SANPAOLO).