A strong bank for a sustainable world 2023 Results Excellent performance with Balance sheet further strengthened in Q4 Well-diversified business model, ready to leverage on our leadership in Wealth Management, Protection & Advisory JTFS4 loon S February 6, 2024 MIL-BVA362-03032014-90141/VR Best-ever year with €7.7bn Net income 1 €7.7bn FY23 Net income (+76% vs FY22(1)), the best year ever (€7.9bn when excluding the final Resolution Fund contribution) €1.6bn Net income in Q4 (+49% vs 4Q22(1)), the best Q4 ev ...

Intesa Sanpaolo S.p.A. (OTCPK:ISNPY) Q4 2023 Earnings Conference Call February 6, 2024 9:00 AM ET Company Participants Carlo Messina - Chief Executive Officer Stefan Del Punta - Chief Financial Officer Luca Bocca - Deputy Chief Financial Officer Marco Delfrate - Investor Relations Officers Andrea Tamagnini - Investor Relations Officers Conference Call Participants Antonio Reale - Bank of America Azzurra Guelfi - Citi Delphine Lee - JPMorgan Britta Schmidt - Autonomous Research Giovanni Razzoli - Deutsche Ba ...

文章核心观点 - 金融服务行业是投资者投资组合的可靠选择,因为它在整个行业中提供可靠的增长和丰厚的股息分红 [1][2] - 金融服务是个人、企业和机构所需的重要资源,为他们的财务未来提供保障,让他们可以专注于其他事务 [2] - 文章列举了几家提供可靠股息分红的金融服务公司,这些公司在过去一年中整体回报有显著改善 [3] 公司总结 Jackson Financial (JXN) - 提供固定和可变年金等金融产品,以及投资顾问服务和人寿保险业务 [4] - 过去一年股价增长近50%,主要由于第三季度业绩超预期 [4] - 提供4.93%的高股息收益率,最近一次派息为每股62美分 [5] - 第三季度总收入下降12%,但每股收益增长56%,完全年金账户价值增长10%,主要受益于股市上涨 [6] - 将于2月21日公布2023年第四季度和2024年全年业绩展望 [7] - 是一家提供可靠股息收益和近期财务业绩改善的强大金融服务公司 [8] Intesa Sanpaolo (ISNPY) - 是意大利最大的银行,提供贷款、租赁、投资银行和资产管理等广泛服务 [11] - 第三季度营业利润基本持平,净收入下降16% [11] - 过去一年股价上涨24%,得益于盈利能力提高和有利的利率环境 [12] - 提供8.37%的高股息收益率,最近一次派息为每股94美分 [12] - 参与了贝莱德的Evergreen基础设施基金,有望从能源转型中获益 [12] TPG (TPG) - 是一家资产管理公司,提供投资、承销和咨询服务,管理资产超过2000亿美元 [15] - 第三季度总收入下降71%,净亏损约9500万美元 [15] - 11月初收购了投资管理公司Angelo Gordon,扩大了信贷投资和房地产管理业务 [15] - 宣布与多家公司建立战略合作伙伴关系,以发展手术中心和扩大私募股权目标 [16] - 第三季度派息每股48美分,股息收益率为3.44% [17] - 过去一年股价上涨24%,尽管业绩不佳,但投资者对公司的兴趣仍在增长 [18]

文章核心观点 - 文章推荐了3只具有买入评级和强劲动量特征的股票[1][2][3] - 这3只股票分别是:Northern Trust Corporation、Intesa Sanpaolo S.p.A.和Woodward, Inc.[1][2][3] 公司总结 Northern Trust Corporation - 这是一家金融控股公司[1] - 过去60天内,该公司当前年度盈利的Zacks共识预测值上升了8%[1] - 该公司股价在过去3个月内上涨了26.4%,优于标普500指数14.3%的涨幅[1] - 该公司动量评分为A[1] Intesa Sanpaolo S.p.A. - 这是一家提供金融产品和服务的公司[2] - 过去60天内,该公司当前年度盈利的Zacks共识预测值上升了3.1%[2] - 该公司股价在过去3个月内上涨了20.1%,优于标普500指数14.3%的涨幅[2] - 该公司动量评分为B[2] Woodward, Inc. - 这是一家航空航天和工业控制解决方案提供商[3] - 过去60天内,该公司当前年度盈利的Zacks共识预测值上升了6%[3] - 该公司股价在过去6个月内上涨了13.2%,优于标普500指数6.8%的涨幅[3] - 该公司动量评分为B[3]

股价表现 - Intesa Sanpaolo的股价已经上涨到每股1倍有形账面价值，股价估值扩张符合预期[3] 存款基础 - 银行的存款基础强大，报告显示约4000亿欧元的低成本活期存款[4] 贷款质量 - 过去银行面临巨额坏账，但现在已经转变为优势，净利息收入大幅增长[6] - 银行在减少不良贷款方面取得了巨大进展，不良贷款暴露降至2.4%[9] 盈利能力 - Intesa Sanpaolo的盈利能力显著改善，ROTE达到约15%[11] 未来展望 - 银行预计2024年和2025年净收入将增长，受益于适度的营收增长和费用控制[13] 投资回报 - 银行目标净利润的70%分红比率，加上股票回购，投资者仍可获得超过10%的总回报率[19] 风险警示 - 尽管ROTE预计将达到约15%，但应谨慎对待进一步的估值扩张[21] - 风险主要来自净利息收入和信贷质量，低利率环境和宏观环境不利可能影响银行的盈利[22]

Intesa Sanpaolo S.p.A. (OTCPK:ISNPY) Q3 2023 Results Conference Call November 3, 2023 10:00 AM ET Company Participants Carlo Messina - Chief Executive Officer Stefan Del Punta - Chief Financial Officer Marco Delfrate - Investor Relations Officers Andrea Tamagnini - Investor Relations Officers Luca Bocca - Head of Group Planning and Control and Deputy Chief Financial Officer Massimo Proverbio - Group Chief of our Technology and Data Stefano Barrese - Chief of our Banca dei Territori Division Conference Call ...

Intesa Sanpaolo S.p.A. (OTCPK:ISNPY) Q2 2023 Earnings Call Transcript July 28, 2023 9:00 AM ET Company Participants Carlo Messina - Managing Director and Chief Executive Officer Massimo Proverbio - Chief Data, AI, Innovation & Technology Officer Stefano Barrese - Head of the Banca dei Territori Division Tommaso Corcos - Head of the Private Banking Division Stefano Del Punta - Chief Financial Officer Conference Call Participants Antonio Reale - Bank of America Delphine Lee - JP Morgan Christian Carrese - Int ...

A strong bank for a sustainable world 1H23 Results The best six months ever with €4.2bn Net income A leading bank with a fintech approach: significant tech investments already deployed to continue to succeed in the future July 28, 2023 MIL-BVA362-03032014-90141/VR ISP delivered the best six months ever, while making significant tech investments to continue to succeed in the future 1 €4.2bn Net income in H1 (+80% vs 1H22(1)), the best six months since 2007 (€4.4bn when excluding the final Resolution Fund con ...

Intesa Sanpaolo S.p.A. (OTCPK:ISNPY) Q1 2023 Earnings Conference Call May 5, 2023 9:00 AM ET Company Participants Carlo Messina - MD, CEO, GM & Executive Director Conference Call Participants Antonio Reale - Bank of America Merrill Lynch Delphine Lee - JPMorgan Chase & Co. Giovanni Razzoli - Deutsche Bank Andrea Lisi - Equita Christian Carrese - Intermonte Benjie Creelan-Sandford - Jefferies Azzurra Guelfi - Citigroup Operator Good afternoon, ladies and gentlemen, and welcome to the conference call of Intes ...

Intesa Sanpaolo S.p.A. (OTCPK:ISNPY) Q4 2022 Earnings Conference Call February 3, 2023 9:00 AM ET Company Participants Carlo Messina - Chief Executive Officer Conference Call Participants Giovanni Razzoli - Deutsche Bank Antonio Reale - Bank of America Azzurra Guelfi - Citi Delphine Lee - J.P. Morgan Christian Carrese - Intermonte Benjie Creelan-Sandford - Jefferies Britta Schmidt - Autonomous Andrea Filtri - Mediobanca Hugo Cruz - KBW Andrea Lisi - Equita Operator Good afternoon, ladies and gentlemen, and ...