UniCredit Gets Rating Upgrade While It Mulls Commerzbank Bid
5 days ago · (Bloomberg) -- UniCredit SpA’s credit rating was lifted on Thursday, providing tailwind as it considers a takeover of rival Commerzbank AG. Fitch Ratings raised the lender’s credit worthiness ...
UniCredit raises shareholder payouts by 40% after record profit
Jan 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 to return €8.6bn to shareholders - Financial Times
Feb 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 2024 Revenue Outlook After Second-Quarter Beat
Jul 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...
Fitch lifts UniCredit's rating to BBB-plus, one notch above Italy's
5 days ago · MILAN, Oct 31 (Reuters) - Fitch Ratings on Thursday increased its long-term rating on UniCredit's (CRDI.MI) debt to BBB-plus, one notch above Italy's sovereign level, in a move that reflects...
Investors cheer after UniCredit lifts payout goal by 40%
MILAN, 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 beats profit forecast, prepares for waning rate boost
MILAN, Oct 24 (Reuters) - Italy's UniCredit (CRDI.MI) on Tuesday beat third-quarter profit forecasts, but kept its full-year income goal unchanged and outlined plans to counter an eventual...
UniCredit Boosts Investor Returns as Profit Triples Estimates
Feb 5, 2024 · UniCredit SpA surged 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 Jumps Past €60 Billion Market Cap to Join Elite Club
May 7, 2024 · UniCredit SpA’s market capitalization rose above €60 billion ($64.6 billion) on Tuesday, making it one of four euro area banks to exceed that threshold.
UniCredit Tops Estimates With Lift From Fees, Lending Income
May 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