CET1 ratio of Intesa Sanpaolo Group 2014-2023

The Common Equity Tier 1 (CET1) ratio of the Intesa Sanpaolo fluctuated between 2014 and 2023. After registering the lowest value of 12.7 percent in 2016, the CET1 ratio increased in the following years, reaching its highest value at 14.7 percent in 2020. As of 2023, it stood at 13.7 percent.

Common Equity Tier 1 (CET1) ratio

The CET1 ratio measures a bank’s capital against its risk-weighted assets and it is an instrument used to gauge a bank's capital strength. The higher the CET1 ratio a bank has, the greater the level of unexpected losses it can absorb before becoming insolvent. In 2018 and 2019, the European Central Bank published its guidelines to improve the continent’s banking system’s resilience and ensure higher stability in the sector. In both years, the minimum requirement for the CET1 ratio was set to 10.6 percent.

Intesa Sanpaolo

Established in 2007 after the merger between Banca Intesa and Gruppo Sanpaolo IMI, the bank Intesa Sanpaolo has become the largest bank in Italy and one of the leading banks in Europe. In 2023, it ranked seventh in a list of the leading banks in Europe in terms of market capitalization. Also, Intesa Sanpaolo was among the banks with the largest asset value in the continent in 2022. Over the years, the banking group also expanded abroad. In 2023, the bank counted around 4.2 thousand bank branches and over 94 thousand employees worldwide.