UniCredit hikes profit outlook after stakes in rivals, tax credits help 2025 income
#UniCredit #Andrea Orcel #Commerzbank #Profit Outlook #Banking Consolidation #Eurozone #Tax Credits
📌 Key Takeaways
- UniCredit has raised its 2025 net income forecast to over €9 billion, exceeding previous market expectations.
- The profit boost is driven by strategic stakes in Commerzbank and Alpha Bank alongside utilization of tax credits.
- CEO Andrea Orcel is pursuing an aggressive expansion and consolidation strategy within the Eurozone banking sector.
- The bank plans to maintain strong shareholder returns through a combination of dividends and share buyback programs.
📖 Full Retelling
🏷️ Themes
Finance, Banking, Corporate Strategy
📚 Related People & Topics
UniCredit
International banking group
UniCredit S.p.A. (formerly UniCredito Italiano S.p.A.) is an Italian multinational banking group headquartered in Milan. It is a systemically important bank (according to the list provided by the Financial Stability Board in 2022) and the world's 34th largest by assets. It was formed through the mer...
Commerzbank
European commercial bank
The Commerzbank Aktiengesellschaft (shortly known as Commerzbank AG or Commerzbank [kɔˈmɛʁtsˌbaŋk]) is a European banking institution headquartered in Frankfurt am Main, Hesse, Germany. It offers services to private and entrepreneurial customers as well as corporate clients. The Commerzbank Group al...
Andrea Orcel
Italian investment banker (born 1963)
Andrea Orcel (Italian: [anˈdrɛːa orˈtʃɛl]; born May 14, 1963) is an Italian investment banker who is CEO of UniCredit. He was the president of UBS Investment Bank from November 2014 to September 2018. He was poised to take on the role of Chief Executive of Banco Santander from September 2018 to Jan...
📄 Original Source Content
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry As Claude disrupts stock market, Anthropic researcher warns ’world is in peril’ Gold, silver prices rise amid U.S.-Iran tensions, blowout January payrolls data Dow halts three-day win streak as blowout jobs data curbs rate cut bets Citi pushes back Fed rate cuts to May after blowout January jobs report (South Africa Philippines Nigeria) UniCredit hikes profit outlook after stakes in rivals, tax credits help 2025 income Stock Markets Published 02/09/2026, 02:01 AM Updated 02/09/2026, 02:06 AM UniCredit hikes profit outlook after stakes in rivals, tax credits help 2025 income 0 CBKG -2.01% ACBr -3.69% IT000565462=MI 0.04% By Valentina Za MILAN, Feb 9 - Italy’s second-largest bank UniCredit said it aimed to lift its profit to 11 billion euros ($13 billion) this year, after topping analysts’ forecasts for 2025 with earnings boosted by stakes in rivals bought under CEO Andrea Orcel’s expansion strategy. UniCredit, which had previously guided for a net profit of 10 billion euros in 2027, said on Monday it had an ambition to get to 13 billion euros in 2028 with "exceptional" average growth of 7% a year in 2026 to 2028. UniCredit has spent billions of euros from its large excess cash reserves to become the main shareholder in Germany’s Commerzbank and Greece’s Alpha Bank , though it has stopped short of full takeovers. Under the leadership of Orcel, a veteran dealmaker, UniCredit has also invested, sometimes temporarily, in other financial institutions in what Mediobanca Securities analysts have dubbed a "game of stakes". The bank, which also has large operations in Germany, Austria and eastern Europe, posted a net profit of 2.17 billion euros for the fourth quarter, benefiting from 336 million euros of tax credits from past losses to surpass a bank-gathered average analyst forecast of 1.96 billion euros. ($1 = 0.8450 euros) UniCredit hikes profit outlook after stakes in rivals, tax credits help 2025 income 0 Latest ...