Unicredit earning Q4 2024

The second largest lender of Italy Univendite On Tuesday, he announced profit profits in the fourth quarter, raising the return of shareholders in the middle of the focus on the market on M&A Upril.

The net profit that can be attributed to the group has arrived in EUR 1,969 billion (2.03 billion USD) in the fourth quarter, compared to an analytical prognosis of EUR 1.803 billion, according to LSEG consensus.

In this period, revenues reached 6 billion euros, opposite the expectations of analysts of EUR 5,898 billion.

Unicredit was at the epicenter of Italian initial pressure for consolidation from the second half of last year, after its surprise installation – and later increase – a stake in Germany Commerzbankand his offer to download for domestic peers Banco BPM At the end of 2024. The Italian lender has so far rejected the introductory game of UniCredit, but executive director Andrea Orcel Bloomberg said His introductory offer for Banco BPM was just a “fair starting point”.

The German administration abolished Unicredit ‘Very aggressive, very opaque, non -transparent“The offer for Commerzbank, with Rome is also resistant to the domestic front, in the midst of wider government plans together with the third Italian banking titanium together INTESA SAOPLE and unicredit. Complicating the landscape of the Italian agreement, Unicredit on February 2 discovered 4.1% of the role share In Italian top insurer General GroupBut he emphasized that “no strategic interest” motivates the venture.

Critically, Italy acts according to the so -called legislature about the golden forces that allows Rome to commit or set the conditions for foreign and domestic corporate downloads in key sectors such as defense, energy, communication and banking.

The market participants observe which unicredit will be obliged to commit from its double suits, or will it ambitiously keep both targets in sight.

This news of news is updated.