UniCredit Should Move Soon on Commerzbank, JPMorgan …
WEB3 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 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 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 ...
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 plays a bold hand, with Commerzbank in …
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 ...
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 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 beats profit forecast, prepares for waning rate boost
WEBMILAN, 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 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 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.