UniCredit Raises 2024 Revenue Outlook After Second-Quarter Beat
WEBJul 23, 2024 · UniCredit raised its revenue guidance for the year after second-quarter earnings rose, beating analysts' expectations. The Italian bank said Wednesday that net profit rose to 2.68 billion euros...
UniCredit Should Move Soon on Commerzbank, JPMorgan …
WEB2 days ago · UniCredit SpA should act quickly if it wants to be successful in a potential acquisition of Commerzbank AG, according to analysts at JPMorgan Chase & Co. ... news and insight around the world.
UniCredit to return €8.6bn to shareholders - Financial Times
WEBFeb 5, 2024 · UniCredit shares hit an eight-year high on Monday after the bank said it would return its entire 2023 profit pool of €8.6bn to investors.
UniCredit raises shareholder payouts by 40% after record profit
WEBJan 31, 2023 · UniCredit intends to return €5.25bn to shareholders this year after record profits in 2022 accelerated chief executive Andrea Orcel’s payout plans. The Milan-based bank said on Tuesday it would...
UniCredit Investors Back CEO Orcel’s Pursuit of Commerzbank
WEBSep 13, 2024 · Commerzbank currently has a market value of about €18 billion, up from around €15 billion before UniCredit unveiled its stake. While any value creation will depend on the terms of a deal and the requests by regulators, one of the investors estimates at least €2 billion in savings from a merger, and an internal rate of return — a key ...
Investors cheer after UniCredit lifts payout goal by 40%
WEBMILAN, Jan 31 (Reuters) - UniCredit (CRDI.MI) on Tuesday galvanised investors by pledging to return 5.25 billion euros ($5.69 billion) from its 2022 earnings after posting a record quarterly...
UniCredit Boosts Investor Returns as Profit Triples Estimates
WEBFeb 5, 2024 · UniCredit SpAsurged to the highest in more than eight years after the bank boosted shareholder returns on 2023 profit to €8.6 billion ($9.3 billion), once again raising the payout benchmark for...
UniCredit Tops Estimates With Lift From Fees, Lending Income
WEBMay 7, 2024 · UniCredit Climbs After Higher Fees Lift Profit Past Estimates. CEO Orcel counts on higher fees to offset fading rate boost; Bank to pay out or deploy excess cash by 2027 at the latest
UniCredit Shares Jump on Plan to Boost Shareholder Returns, …
WEBFeb 5, 2024 · UniCredit shares jumped after the Italian bank said it plans to boost its capital distributions to shareholders and upgraded its 2024 profit outlook.
UniCredit’s Andrea Orcel plays a bold hand, with Commerzbank
WEBSep 12, 2024 · UniCredit ’s CEO Andrea Orcel revealed his hand this week as the Italian lender built a 9% stake in Commerzbank — and a takeover bid for the German rival could still be in the cards. UniCredit ...