UNCRY News and Press, Unicredito SpA ADR 2017 From 05/26/23

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...

2023-05-07 15:59:07 ET Start Time: 04:00 End Time: 05:44 UniCredit S.p.A. (UNCFF) Q1 2023 Earnings Conference Call May 03, 2023, 04:00 AM ET Company Participants Andrea Orcel - CEO Stefano Porro - CFO Magda Palczynska - Head, IR Conference Call Part...

2023-05-04 04:49:32 ET Summary Superior CET1 ratio even considering the 2022 share buyback. Record profit at €2.1 billion in the first quarter. Higher 2023 guidance supported by solid capital generation. Our buy rating is then confirmed. UniCredit ([[UNCFF]], ...

2023-04-27 05:09:00 ET Summary We are pleased to report that the Smead International Value Fund had an absolute return of 7.07% for the quarter. The shareholders of the Smead International Value Fund have invested alongside us but aren’t adding strings to the investment dis...

2023-04-21 12:53:22 ET Summary We believe UniCredit results will be supported by higher net interest income, modest deposit outflows, and low levels of provision. ECB approved the bank's €3.34 billion buyback. With an estimated yield of 16%, we decided to raise UniCredi...

2023-03-28 18:50:57 ET Summary Additional Tier 1 early redemption might be a positive catalyst for UniCredit S.p.A. The Russian exit is moving forward and the Italian bank has further reduced its cross-border exposure. Best-in-class cost/income ratio, low cost of risks, and a ...

2023-03-24 10:54:31 ET Summary After a relatively calm week in banking, Deutsche Bank is now making headlines for a falling share price and rising CDS spreads. In an apparent attempt to show strength, the company announced that it would redeem a bond issue early, but the market ha...

Summary Intesa Sanpaolo published its fourth-quarter accounts and beat consensus expectations. €5.3 billion expected as shareholders' remuneration (including dividends and buyback). At the stock price level, ISP declined for a 2023 guidance below Wall Street average forecasts. ...

Summary The company delivered a record profit in Q4. Dividend up by 82%. UniCredit opened the Italian earnings season by beating analysts' estimates on sales and profit (both quarterly and yearly). Nearly all listed banks in Europe trade at lower valuations in relation to forward EP...