Intesa Sanpaolo Q3 Net Profit Down 21%
Italy's bank Intesa Sanpaolo (OTC: IITSF) reported a 21% drop in its third-quarter net profit.
Intesa Sanpaolo's quarterly net profit fell to 414 million euros, from 527 million euros, in the year-ago period. However, analysts were expecting a profit of 431.4 million euros.
Intesa Sanpaolo shares closed at $1.50 yesterday.
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