Intesa Sanpaolo vs UniCredit (ISP.MI vs UCG.MI)
Intesa Sanpaolo (ISP.MI) vs UniCredit (UCG.MI) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.
Intesa Sanpaolo (ISP.MI) and UniCredit (UCG.MI) compete in banking. Here are Intesa Sanpaolo and UniCredit side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Intesa Sanpaolo or UniCredit.
Intesa Sanpaolo vs UniCredit: the figures
| Figure | Intesa Sanpaolo | UniCredit |
|---|---|---|
| Share price | €6.28 (November 4, 2026) | €78.32 (November 4, 2026) |
| Market cap | €106.4 billion | €117.3 billion |
| P/E (TTM) | 11.0x | 11.2x |
| Forward P/E | 9.6x | 9.2x |
| Revenue growth (quarter) | +6.4% | -9.2% |
| Net margin (TTM) | 37.0% | 44.0% |
| ROE | 14.3% | 15.8% |
| Dividend yield | 6.38% | 4.24% |
| Beta | 0.82 | 1.09 |
Intesa Sanpaolo and UniCredit figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Intesa Sanpaolo or UniCredit figure is not available, and we never estimate it.
3 key differences between Intesa Sanpaolo and UniCredit
- Growth: Intesa Sanpaolo grew sales +6.4% year on year in its latest quarter, against -9.2% for UniCredit.
- Dividend: Intesa Sanpaolo yields 6.38% at today's price and UniCredit yields 4.24%.
- Profitability: for every 100 of sales, UniCredit keeps 44.0 as net profit and Intesa Sanpaolo keeps 37.0.
Intesa Sanpaolo or UniCredit: which fits your profile
- If you want growth: Intesa Sanpaolo is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
- If you want income (dividends): Intesa Sanpaolo pays the higher dividend relative to its price.
- If you prefer caution: Intesa Sanpaolo has a less volatile share price, which usually gives more room in a bad year.
- If price is what matters most to you: Intesa Sanpaolo trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.
Neither Intesa Sanpaolo nor UniCredit wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.
How Intesa Sanpaolo and UniCredit make money
Intesa Sanpaolo (ISP.MI)
Intesa Sanpaolo is an Italian bank that earns interest and fees. Its divisions include Banca dei Territori, the domestic retail network and its largest; IMI Corporate & Investment Banking; International Banks in Central and Eastern Europe; Private Banking (Fideuram); Asset Management (Eurizon); and Insurance. Full Intesa Sanpaolo analysis.
UniCredit (UCG.MI)
UniCredit makes money from lending, deposits and fees charged to households and businesses. It reports by geography: Italy, its biggest market; Germany, through HypoVereinsbank; Central Europe (Austria and neighboring countries); and Eastern Europe. It also holds stakes in other European banks. Full UniCredit analysis.
Frequently asked questions: Intesa Sanpaolo vs UniCredit
Is Intesa Sanpaolo or UniCredit the better stock?
Choosing between Intesa Sanpaolo and UniCredit depends on what you are looking for. Intesa Sanpaolo is growing faster right now, and Intesa Sanpaolo trades on the lower P/E. Fintols does not tell you whether to buy Intesa Sanpaolo or UniCredit: it shows you the differences so you can decide.
Which pays a higher dividend, Intesa Sanpaolo or UniCredit?
As of November 4, 2026, Intesa Sanpaolo yields 6.38% and UniCredit yields 4.24%. Also check how much of their profit Intesa Sanpaolo and UniCredit pay out: if it is more than they earn, it cannot last.
Which is more expensive, Intesa Sanpaolo or UniCredit?
On P/E, UniCredit (11.2x) is more expensive than Intesa Sanpaolo (11.0x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.
Can I own both Intesa Sanpaolo and UniCredit?
Yes. Many people spread their money across several companies, such as Intesa Sanpaolo and UniCredit, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Intesa Sanpaolo or UniCredit.
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More companies like Intesa Sanpaolo and UniCredit: banking stocks. Educational content about Intesa Sanpaolo and UniCredit, not investment advice.