Market Ratios - Historical figures

Price/book value
The indicator reflects the value attributed by the market to the Shareholders' equity of a listed company, hence indirectly to the company’s overall assets. The indicator for 2024 is reported in relation to both average figures and year-end figures.

_{Figures for the periods prior to 2007 refer to Gruppo Intesa and have not been restated to consider the merger.}

Pay-out ratio
The indicator reports the portion of net income paid out as dividends.   

_{(*) For the purpose of calculating the payout, the consolidated net income for 2020, equal to 3,277 million euro, was adjusted, excluding the items related to the acquisition of UBI Banca consisting of the effects of purchase price allocation, including negative goodwill (+2,062 million euro) and charges for integration (-1,378 million euro), as well as the write-off of goodwill of the Banca dei Territori Division (-912 million euro).}

_{(**) For the years 2024, 2023, 2021 and 2020, the amounts proposed/distributed are partly charged to reserves. 
Starting from 2021, the amounts were partly distributed as interim dividends, following specific resolutions of the Board of Directors upon the approval of the results as at 30 September of each year.
The data relating to previous years are shown net of portion not distributed to own shares held at the record date. For 2022, the amount reflects the rounding differences identified when determining the final dividend amount (following the annulment of own shares acquired through the buyback programme).}

Dividend yield
This indicator measures percentage return on the share, calculated as the ratio between dividends for the year and the average annual market price in the reference year.   

_{(*) The 2022 remaining dividend per share has undergone an increase compared to the resolution of the Intesa Sanpaolo Shareholders' meeting of 28 April 2023 (from 8.68 euro cents to 9.01 euro cents) following the annulment, on 2 May 2023, of all own shares purchased in execution of the buyback programme which was launched on 13 February 2023 and concluded on 4 April 2023.}