Unicredit Riping Q4 2024

The second largest lender in Italy Unicredit On Tuesday, it recorded profits in the fourth quarter, as it raised the returns of shareholders amid the market focus on the bank’s integration and purchase initiatives.

The net profit, which is attributed to the group, was 1.969 billion euros ($ 2.03 billion) in the fourth quarter, compared to the expectation of an analyst of 1.803 billion euros, according to the consisting of LSEG.

Revenue reached 6 billion euros during this period, compared to the expectations of analysts of 5.898 billion euros.

Among the most prominent other fourth quarter:

• Return on concrete stocks by 11.5 %, compared to 19.7 % in the third quarter.
• The Cet 1 Capital, a measure of banking reproductive, was 15.9 % of 16.1 % in the previous three -month extension.

The lender, which added the net profit of the entire year of the entire year by 8.1 % to 9.31 billion euros, pledged the returns of reinforced shareholders in 2025, which increased the directives of paying his cash profits to 50 % of net profits, from 40 % in 2024. It aims to perform A heart appears more than 17 % this year, compared to 17.7 % from 2024.

In a statement accompanying the results, CEO Andrea Orzel said that Unicardit is advancing to the next stage of its strategy and will accelerate its “growth, and aspire to increase the expansion of the gap with our competitors, close our evaluation gap, and support Unicre as a bank from the future of Europe and its standard for banking services.”

Unicredit was at the emerging batch center in Italy for unification since the second half of last year, after he suddenly built it – and the increase later – from a share in Germany CommerzbankAnd the acquisition of the local peer BPM Bank At the end of 2024. The Italian lender has so far rejected the opening play of Unicredit, but CEO Andrea Orzel rejected Bloomberg said His opening presentation of Banco BPM was just a “fair starting point”.

The German administration has criticized “Unicredit”Very aggressive, very transparent, transparent“Offer for Commerzbank, with Rome like on the local front, amid broader government plans to form the third Italian Titan alongside Intesa Sopaolo And unicredit. With the complexity of the scene in making Italian deals, unicredit was revealed on February 2 4.1 % construction share In the best insurance company in Italy General GroupBut he stressed that “there is no strategic interest” stimulates the project.

It is important, Italy operates under the so -called golden forces legislation that allows Rome to disturb or set conditions on foreign and local companies in the main sectors such as defense, energy, communications and banking services.

Market participants are monitoring any of its unicredit, or whether both goals will be maintained on the horizon.

This urgent news story is updated.