UNCRY News and Press, Unicredito SpA ADR 2017 From 02/05/24

2024-02-05 08:00:45 ET More on UniCredit S.p.A. UniCredit Is Moving In The Right Direction White House to sanction foreign banks financing Russia's military industrial complex Seeking Alpha’s Quant Rating on UniCredit S.p.A. Historical earnings data fo...

2024-01-16 13:39:06 ET More on Barclays: Barclays: Was The Recent Rally Justified? Barclays: Buy Rating Retained, Conviction Lowered Barclays PLC (BCS) Q3 2023 Earnings Call Transcript Barclays plans to cut 2000 jobs amid cost-cutting measures Kinsale...

2023-12-01 03:42:50 ET Summary There is a potential upside from inorganic acquisitions and on potential capital distributions. UniCredit purchased almost 9% of Alpha Services share capital. The Italian extra profit tax was moved to a reserve. Large tangible book value discount...

2023-10-26 09:16:00 ET Summary UniCredit and Barclays have very little in common aside from a shared history as two of the lowest-valued European lenders. UniCredit trades at roughly 60% of forecast tangible book compared with the UK bank’s 40%. There are a few potentia...

2023-10-24 23:28:05 ET Summary Higher interest rates and benign NPL formation are still supporting outsized profitability at UniCredit, with Q3 another strong quarter for the bank. Earnings have likely peaked at this point, but management guidance still points to a mid-teens retur...

2023-10-24 08:33:56 ET Summary UniCredit's Q3 2023 report exceeded expectations, with a 23% YoY growth in revenues and a 36% YoY growth in net profits. The company's strong earnings and CET1 ratio of 17.1% prompted management to guide for a 2024 shareholder distribution of "at lea...

2023-09-19 08:21:19 ET Summary UniCredit reported strong Q2 results, with revenue and net profit beating expectations and an improvement in the capital position. The impact of the Italian windfall tax is expected to have minimal downside on earnings and capital requirements. U...

2023-09-18 09:25:34 ET Summary The political nonsense to levy a windfall tax on banks' profits still creeps around. However, Italian banking stocks have been resilient to such noise and represent an excellent investment opportunity. UniCredit is among the best European banks. Last...

2023-09-13 05:42:47 ET Summary Despite inflation expectations, UniCredit plans to cut costs by about €500 million. UniCredit is now a transformed bank with an earnings growth trajectory and sustainable competitive advantages, given its cost structure. Best in class cost...

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...