UNCFF News and Press, Unicredito SpA From 07/26/23

2023-07-26 13:04:01 ET UniCredit S.p.A. (UNCFF) Q2 2023 Earnings Conference Call July 26, 2023, 05:00 AM ET Company Participants Andrea Orcel - CEO Stefano Porro - CFO Magda Palczynska - Head, IR Conference Call Participants Antonio Reale - Bank of Am...

2023-07-19 13:24:59 ET Summary We believe this is an opportunity to accumulate shares in a geographically diversified commercial bank trading at compelling multiples. The stock trades at a discount to peers in terms of both P/E and P/TBV despite returns on tangible book value bein...

2023-07-18 18:28:11 ET Summary UniCredit S.p.A. is a $45-billion market cap commercial bank based in Milan, Italy. The bank reported strong financial results for Q1 2023, driven by favorable interest rates, well-managed deposit rates, and robust commercial performance. Despite...

2023-06-27 10:27:28 ET Summary UniCredit's short-term outlook is favorable, with upward EPS revisions and ongoing buybacks potentially driving stock prices higher. However, long-term prospects for buy and hold investors are less certain due to potential macroeconomic risks and que...

2023-05-26 00:49:30 ET Summary Solid MREL requirements that will support dividend payments and share repurchases. Sticky interest rates (at least in the EU) and higher savings from employees' retirements will boost the company's margin. M&A risks might dilute shareholders'...

2023-05-23 05:40:16 ET Summary Commerzbank announced Q1 results on May 17, and they were better than expected. Shares were down 7% on the day of the announcement. While results were good, Commerzbank is still years behind other banks regarding its profitability – and it...

UniCredit S.p.A. (UNCFF) Q3 2022 Earnings Conference Call October 26, 2022 04:00 ET Company Participants Magda Palczynska - Head of Investor Relations Andrea Orcel - Chief Executive Officer Stefano Porro - Chief Financial Officer Conference Call Participant...

Summary UniCredit saw a 2022 profit of over €4.8 billion versus the €4 billion previously indicated. The company has a solid capital position with a CET1 ratio of 15.41%. We expect upwards earning revision from Wall Street analysts. Our buy rating is confirmed. ...

Summary UniCredit released analysts' estimates for the Q3 in preparation for the 9M accounts plan to be released on the 26th of October. In Q3, UniCredit consensus estimates set profit of €1 billion versus the €2 billion achieved in the second quarter. This is due to...

UniCredit ( OTCPK:UNCFF ) ( OTCPK:UNCRY ) shares climbed 5.7% in late Thursday morning U.S. trading after the Italian bank's CEO said he sees 2022 guidance improving "substantially" as rising interest rates offset any slump in fee income. The lender will upgrade its fu...