Intesa Sanpaolo SpA Q2 2018 Earnings Call Transcript - Thomson StreetEvents

Intesa Sanpaolo SpA Q2 2018 Earnings Call Transcript

Intesa Sanpaolo SpA Q2 2018 Earnings Call Transcript - Thomson StreetEvents
Intesa Sanpaolo SpA Q2 2018 Earnings Call Transcript
Published Aug 01, 2018
15 pages (10709 words) — Published Aug 01, 2018
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About This Report

  
Abstract:

Edited Transcript of ISP.MI earnings conference call or presentation 1-Aug-18 1:00pm GMT

  
Brief Excerpt:

...Operator Good afternoon, ladies and gentlemen, and welcome to the conference call of Intesa Sanpaolo for the presentation of the 2018 Half Yearly Results, hosted today by Mr. Carlo Messina, Chief Executive Officer. My name is Jeff and I'll be your coordinator for today's conference. At the end of the presentation, there will be a Q&A session. (Operator Instructions) Today's conference call is being recorded. At this time, I'd like to hand the call over to Mr. Carlo Messina. Sir, you may begin. Carlo Messina ...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Intesa Sanpaolo SpA
Ticker
ISP.MI
Time
1:00pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Delphine Lee - JPMorgan Chase & Co, Research Division - Analyst : First of all, I just wanted to come back on the impact of the Intrum transaction. I just wanted to understand a little bit on the RWA side. How much is actually coming in 2019? And if you don't mind giving us the billion number in terms of RWA inflation, which would be related to that. And is that spread over the next -- over the several quarters or does that come in instead of one go. Are you adjusting your models progressively? And also just to come back on net interest income?

Question: Delphine Lee - JPMorgan Chase & Co, Research Division - Analyst : Yes sorry, if I wasn't clear. I was just asking around the impact of the Intrum transaction on RWAs inflation, because I understand that -- because I guess you assume you are not going to get the LGD waiver, so I understand there is some RWA impact in 2019. I just wanted to understand when that's coming. And also in terms of billion how much are we talking about, so in terms of capital impact. And then my second question was more on net interest income, because -- so there is definitely different components and you seem to be positive around the second half, around commercial components and financial components. Do you see the minus 2% decline that we saw in the first half sort of partially reversing? I just wanted to get a bit of a feel of sort of the -- how the full year in terms of net interest income, how it looks like? And just to finish on asset quality. I can see that your -- the coverage on NPL is still increasing again this quarter. What kind of level would you sort of be happy with and I assume you have made some assumptions in your Business Plan. Is it close to 55% in terms of NPL coverage?

Question: Delphine Lee - JPMorgan Chase & Co, Research Division - Analyst : Okay. And how much of EBA guidelines of 80 basis point are you actually going to take in 2019 or 2020?

Table Of Contents

Intesa Sanpaolo SpA Q2 2020 Earnings Call Transcript – 2020-08-04 – US$ 54.00 – Edited Transcript of ISP.MI earnings conference call or presentation 4-Aug-20 1:00pm GMT

Intesa Sanpaolo SpA Q1 2020 Earnings Call Transcript – 2020-05-05 – US$ 54.00 – Edited Transcript of ISP.MI earnings conference call or presentation 5-May-20 1:00pm GMT

Intesa Sanpaolo SpA to Discuss Combination with Unione di Banche Italiane SpA Call Transcript – 2020-02-18 – US$ 54.00 – Edited Transcript of ISP.MI M&A conference call or presentation 18-Feb-20 9:30am GMT

Full Year 2019 Intesa Sanpaolo SpA Earnings Call Transcript – 2020-02-04 – US$ 54.00 – Edited Transcript of ISP.MI earnings conference call or presentation 4-Feb-20 2:00pm GMT

Full Year 2018 Intesa Sanpaolo SpA Earnings Call Transcript – 2019-02-05 – US$ 54.00 – Edited Transcript of ISP.MI earnings conference call or presentation 5-Feb-19 2:00pm GMT

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MLA:
Thomson StreetEvents. "Intesa Sanpaolo SpA Q2 2018 Earnings Call Transcript" Aug 01, 2018. Alacra Store. May 17, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2018-Intesa-Sanpaolo-SpA-Earnings-Call-T11666034>
  
APA:
Thomson StreetEvents. (2018). Intesa Sanpaolo SpA Q2 2018 Earnings Call Transcript Aug 01, 2018. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2018-Intesa-Sanpaolo-SpA-Earnings-Call-T11666034>
  
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