Italy · Banking

Monte dei Paschi raises its profit forecast as Intesa’s offer approaches

MPS reported €543 million in Q3 net profit and raised its 2026 pre-tax forecast above €3.7 billion. The takeover was still pending.

Event: 6 November 2026Checked: 10 November 2026
Original Finance Hub brief: Monte dei Paschi raises its profit forecast as Intesa’s offer approaches
Original Daily Money Brief visual · See the written context and source dates alongside.
Follow the daily brief on Instagram
€543mQ3 2026 net profit
>€3.7bn2026 pre-tax profit forecast
01

What happened

On 6 November, MPS reported third-quarter net profit of €543 million and revenue of €2 billion. Reuters reported a higher 2026 pre-tax profit goal, above €3.7 billion from €3.6 billion, after the abandoned Mediobanca merger plan reduced expected costs. The bank remained the target of Intesa’s roughly €34 billion cash-and-share proposal.

02

Why your money cares

An earnings result, a revised forecast and an acquisition proposal describe different things. None guarantees future dividends or a completed takeover.

03

What to watch

Follow formal offer documents, approvals and any change to the timetable.

Sources & editorial context

Original 7 November Finance Hub graphic. The €34 billion figure is the reported proposal value at that stage and can vary with share prices.

Educational content only—not personal financial, investment, tax or legal advice. News reflects the information available on the dates shown; terms and circumstances can change.

Get the weekly money lesson