The European bank is eyeing significant growth on the wealth management side of its business.

Milan-headquartered Intesa Sanpaolo, which reported full-year results for 2025 yesterday, plans to boost its European wealth management business.

Between now and 2029, the lender said it intends to add about 3,700 people in its wealth management and protection area, raising client advisor headcount to about 22,250 people from around 18,550 today.

Media reports (Bloomberg, others) said the Italian bank wants to boost the AuM of its international banks' arm about by about 13 per cent per annum, by recruiting new bankers and redeploying staff. The bank confirmed the details to WealthBriefing when asked yesterday. 

CEO Carlo Messina intends to boost fee income at the bank, reports said. 

Shares in the Intesa Sanpaolo have risen about 0.6 per cent since January. Over the 12 months to 2 February, they’ve risen 43.7 per cent. 

“We will grow across our international banks, leveraging our successful business model in Italy,” Messina was quoted as saying. “Last but not least, we see the opportunity to extend our successful business model to the main European countries where we are already present, such as France, Germany and Spain.”

The bank said in a statement that it plans to increase customer totals to around 24 million – up by around 2.5 million – over the next four years. It wants to boost AuM from €562 billion ($665.9 billion) to €663 billion, a compound annual growth rate of 4.2 per cent. 

Results 
The bank said it logged 2025 net income of €9.3 billion, rising 7.6 per cent; it envisages hitting a figure of about €10 billion this year. Operating costs fell 0.6 per cent on a year earlier. 

Intesa Sanpaolo said it intends to make a “significant cash return” to shareholders, totalling €6.5 billion. It had a Common Equity Tier 1 capital ratio of 13.9 per cent at the end of December 2025, ahead of regulatory minimums.