What Banks in Italy Were the Most Profitable in 2018?

Top Banks by Net Profit (EUR mil)
Banking | Italy | February 21, 2020
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Excel Sheet

Based on a comparison of 14 banks in Italy, Intesa Sanpaolo produced the highest net profit in 2018, followed by UniCredit SpA and Cassa Depositi e Prestiti.

Intesa Sanpaolo made a net profit of EUR 4,792 mil, down 8.83% compared to the previous year. Historically, the bank’s net profit reached an all time high of EUR 7,250 mil in 2007 and an all time low of EUR 68.9 mil in 1994. The average profit in the last five years amounted to EUR 3,611 mil.

The bank generated an average return on equity of 7.10% for its shareholders in the last five years with a maximum of 9.96% and a minimum of 2.87%.

Comparing Intesa Sanpaolo with its closest peers, UniCredit SpA generated a net profit of EUR 3,686 mil with a ROE of 6.30% in 2018, Cassa Depositi e Prestiti netted EUR 2,891 mil (ROE of 7.96%) and Mediobanca announced a net profit of EUR 813 mil giving a ROE of 8.59%.

You can see all the banks net profit data on the Net Profit indicator page or you can download a report on the Italian banks in the report section.

Net Profit Unit 2012 2013 2014 2015 2016 2017 2018 2019
Banca Mediolanum EUR mil 394 361 446 425 352
Banca Nazionale del Lavoro EUR mil 91.6 -111 17.4 219 155 ...
Banca Popolare di Sondrio EUR mil 53.0 116 130 127 185
Banco BPM EUR mil -479 -1,554 732 -921 -73.8
BPER Banca EUR mil 46.6 64.4 363 89.4 72.8
Cassa Depositi e Prestiti EUR mil 2,501 1,158 -2,246 250 2,943 ...
Credit Agricole Italia EUR mil 150 160 221 208 338 ...
Credito Emiliano EUR mil 53.0 116 130 127 185
Credito Valtellinese EUR mil 11.7 -193 190 -216 -343
Intesa Sanpaolo EUR mil 2,177 1,292 3,040 3,672 5,256
Mediobanca EUR mil -176 467 592 623 691
Monte dei Paschi di Siena EUR mil -1,316 -4,334 491 -3,211 -3,106
UBI Banca EUR mil 292 140 113 -444 236
UniCredit SpA EUR mil -4,668 2,339 724 185 1,075
AVERAGE EUR mil 402 -62.0 1.67 353 81.0 569 1,090 681