Milan

Intesa reports 306 million euros in Q1 profit

Almost 20 million more than expected

Intesa reports 306 million euros in Q1 profit

Milan, May 14 - Italian bank Intesa San Paolo on Tuesday reported a net profit of 306 million euros in the first quarter of 2013. It was up from the 287 million euros estimated by analysts. Net profit at Italy's biggest retail bank in the first quarter of 2012 totalled 804 million euros but was increased by one-off items. (ANSA)

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