UNCRY News and Press, Unicredito SpA ADR 2017 From 09/01/23

2023-09-01 19:00:09 ET Summary Raiffeisen Bank International AG is one of the largest lenders of Signa Group, which faces challenges in its real estate and retail divisions, including write-offs, bankruptcies, and financial liabilities adjustments. The ECB has conducted inspe...

2023-08-24 17:10:21 ET Summary Deutsche Bank shares have been underperforming the market and other European banks in 2023. Some metrics, like the P/B ratio of just 0.33, would suggest that Deutsche Bank is cheap and undervalued. Given the low profitability of the bank and the ...

2023-08-11 10:00:00 ET Summary The Italian government has decided to go ahead with a windfall tax on banks, causing shockwaves in the Italian banking sector as soon as the initial draft circulated. The draft is yet to sign into law, and the Finance Ministry has already been workin...

2023-08-10 11:36:45 ET Summary Italian banks face a windfall tax on extra profits from rising interest rates. The tax will be 40% on profits from net interest margin (NIM) in 2022 or 2023. Strong results and upgraded profit outlooks for Italian banks due to higher rates may be...

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...

2023-06-14 17:50:28 ET Summary UniCredit is an Italian bank that has improved its fundamentals in recent years. Its earnings have been boosted by rising rates and is also leading to strong dividend growth. Despite that, Intesa has a higher yield and seems to be a better income...

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'...