In 2014, the performance of Intesa Sanpaolo ordinary shares followed the trend shown by the banking sector indices, with a strong uptrend in the first quarter, fluctuation in April, a downtrend in the first half of May, a recovery in the first ten days of June, when the peak was reached, and then a decline until mid-August, followed by a recovery until the end of September, a further decline in the first half of October and lastly a recovery which - after being broken by a downturn in the first half of November - brought the shares to close the year up by 35% compared to the end of 2013. The price of Intesa Sanpaolo savings shares increased by 40.8% at the end of 2014, compared to the end of 2013. The discount with respect to ordinary shares decreased to approximately 15% at the end of 2014 from around 18% at the end of 2013.
Intesa Sanpaolo's capitalisation rose to 40.3 billion euro at the end of 2014, from 29.2 billion euro at the end of 2013.