UniCredit's 'federal model' boosts its foreign subsidiaries, CEO says
WEB1 day ago · UniCredit has built a "federal model" as a pan-European bank with subsidiaries in each of its 13 markets that can act locally, CEO Andrea Orcel said, as he called on Europe to promote financial ...
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 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’s Andrea Orcel swoops on Commerzbank
WEBSep 11, 2024 · UniCredit spent up to €1.4bn to become the second-largest Commerzbank shareholder after the German government, acquiring a 4.5 per cent stake from the Finance Agency on Tuesday night and a...
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 Raises Outlook After Revenue, Profit Beat - The Wall …
WEBMay 7, 2024 · UniCredit UCG 3.83% lifted its 2024 guidance as it reported better-than-expected profit for the first quarter of the year. The Italian bank reported on Tuesday a net profit of 2.56 billion euros...
UniCredit boosts its stake in Commerzbank, applies to own up to …
WEBSep 23, 2024 · UniCredit announced it had increased its stake in German lender Commerzbank to 21% and submitted a request to boost the holding to up to 29.9%.
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 Boosts Profit, Payout Targets After Record Quarter
WEBMay 3, 2023 · UniCredit SpAraised its full-year profit target and said it will boost shareholder payouts, after a surge in lending revenue helped the bank post its best-ever first-quarter.
UniCredit Tops Estimates With Lift From Fees, Lending Income
WEBMay 7, 2024 · UniCredit SpArose to the highest in almost 13 years after the first-quarter profit topped analyst estimates and it raised its guidance for shareholder payouts this year.