Streetbeat News

UNCFF

Unicredit Spa

https://www.unicreditgroup.eu/

CEO

Jean Pierre Mustier

Industry

Commercial Banking

Open

40.30

Mkt cap

66B

Volume

800

High

40.88

P/E Ratio

6.22

52-wk high

47.32

Low

40.17

Div yield

0.07

52-wk low

26.16

UniCredit has made an $11 billion bid for a rival Italian bank, reducing the likelihood of acquiring Germany's Commerzbank.

Portfolio Pulse from

November 25, 2024 | 10:45 am

UniCredit has made a $10.5 billion bid for its Italian rival Banco BPM, aiming to consolidate the European banking sector. This move revives the previously stalled wave of banking consolidation in Europe.

Portfolio Pulse from

November 25, 2024 | 9:45 am

UniCredit CEO Andrea Orcel discusses the Italian bank's third-quarter earnings and its bid for Commerzbank in a CNBC interview.

Portfolio Pulse from

November 07, 2024 | 3:00 am

UniCredit S.p.A., an Italian bank, has reported another strong quarter with earnings surpassing consensus. The bank's return on tangible equity is near 20%, and despite expectations of a decrease, medium-term earnings guidance remains robust. The stock is trading at a premium to tangible book value, but positive drivers maintain a bullish outlook.

Portfolio Pulse from

November 06, 2024 | 10:30 pm

Mastercard has expanded its payment partnership with UniCredit, covering 13 banks in 12 markets and 20 million cards. This marks the first implementation of a single card multi-market strategy in Europe, with UniCredit leveraging Mastercard's platform and marketing assets.

Portfolio Pulse from Nabaparna Bhattacharya

May 26, 2023 | 2:37 pm

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