Italian banking giant, Intesa Sanpaolo, has reported a 5% increase in its net revenue year-on-year earnings to €7.15 billion ($8.4 billion), surpassing an LSEG consensus estimate of €6.9 billion. The company also reported a 6% rise in net income for the three months leading up to the end of the year. Intesa, which became the sector leader with the acquisition of UBI in 2020, has set a full-year profit target of €10 billion.