Intesa Sanpaolo 2022 Results: Financial Performance & Balance Sheet

Intesa Sanpaolo reported its best net income since 2007 at €4.4 billion in 2022, driven by strong net interest income growth of 20.2% and improved operating efficiency with a cost-to-income ratio of 50.9%. The bank significantly strengthened its capital position with a common equity ratio of 13.5%, reduced NPL ratios to historic lows, and de-risked Russia exposure by 68% in the second half of the year.