UniCredit Group MEDIOLAN: UCG drugi bank we Włoszech pod względem aktywów

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Największe banki w USA pochwaliły się już wynikami za IV kwartał, a teraz przyszła kolej na ich europejskich odpowiedników. Póki co, pożyczkodawcy ze Starego Kontynentu mile zaskakują.

W piątek raport opublikował włoski bank UniCredit, który notowany jest również na warszawskim parkiecie. UniCredit podał, że przychody w 2021 r. wyniosły 18 mld euro, bijąc prognozy na poziomie 16 mld euro. Zysk sięgnął 3,9 mld euro, co też okazało się rezultatem lepszym od przewidywanego (3,7 mld euro).

https://www.parkiet.com/Gospodarka---Sw ... karty.html

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Przełom ws. odcięcia Rosji od SWIFT. W niedzielę spotkanie ministrów UE

- Rozpoczęły się przygotowania do odcięcia Rosji od SWIFT. Decyzja nie została jeszcze oficjalnie podjęta, ale techniczne przygotowania już trwają - poinformował minister spraw zagranicznych Ukrainy Dmytro Kuleba, cytowany przez Kiev Independent. Tego samego dnia wcześniej informowaliśmy, że Cypr, Włochy, Niemcy, a na końcu Węgry, zgodziły się na tę sankcję. Wieczorem Bloomberg podał zaś, że w niedzielę ministrowie UE spotkają się, by omówić tę decyzję.
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Inny argument podnoszony przez komentatorów dotyczy wielomiliardowych kredytów w euro udzielonych rosyjskim podmiotom przez europejskie banki. Po odcięciu Moskwy od SWIFT te pieniądze byłyby de facto stracone - zauważają eksperci.

"Może to prowadzić do globalnej niestabilności finansowej" – ostrzegał w piątek w "Financial Times" Klaas Knot, przewodniczący Financial Stability Board (FSB) i zarazem szef Banku Centralnego Holandii.

Z kolei belgijski dziennik "De Standaard" wskazywał, że najwięcej straciłyby banki "bardzo aktywne" w Rosji, czyli francuski Société Générale, włoski Unicredit oraz austriacki Raiffeisen. Dlatego, między innymi, ta decyzja jest tak trudna dla niektórych państw.

https://www.money.pl/gospodarka/wielkim ... 7376a.html

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This abrupt move puts the spotlight on other Western corporations with operations in Russia, notably banks such as Austria's Raiffeisen Bank International (VIE:RBIV) and Italy's UniCredit (MI:CRDI), which dropped 17% and 9.8%, respectively.

Societe Generale (OTC:SCGLY) stock fell 9.6% as the French bank that owns Russia's Rosbank, while carmaker Renault (PA:RENA), which controls Russian carmaker Avtovaz, fell 9.4%.

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MILAN (Reuters) – An exit of UniCredit from the Russian market cannot and should not be done overnight, Italy’s No.2 bank said in an answer to a shareholder question ahead of the shareholders’ meeting of April 8.

https://www.fxempire.com/news/article/u ... ent-961501

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Stefano Porro, dyrektor finansowy grupy UniCredit twierdzi, że włoski gigant bankowy ma „ograniczone” możliwości zmniejszenie ekspozycji na rosyjski rynek, informuje Reuters.

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Investing.com - UniCredit reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

UniCredit announced earnings per share of €0.69 on revenue of €4.46B. Analysts polled by Investing.com anticipated EPS of €0.38 on revenue of €4.51B.

UniCredit shares are down 36% from the beginning of the year, still down 45.76% from its 52 week high of €15.93 set on February 10. They are under-performing the STOXX 600 which is down 12.64% from the start of the year.

UniCredit shares lost 100.00% in pre-market trade following the report.

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Unicredit (BIT:CRDI) stock rose 1.8% after the CEO of Italy’s second-biggest bank, Andrea Orcel, told the German daily Handelsblatt that the lender was looking at acquisitions in Germany as part of plans to become a fully developed European bank.

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UniCredit stock rose 2.7% after the Italian bank raised its 2022 profit goal, while Santander (BME:SAN) stock fell 4.8% after the Spanish lender announced a rise in loan loss provisions and costs.

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UniCredit hikes payout goal by 40% after record profit

MILAN (Reuters) -UniCredit pledged to return 5.25 billion euros ($5.69 billion) to investors based on its 2022 results, further hiking one of the most ambitious payout target among European banks, after posting its best profit in over a decade.

UniCredit said net profit came in at 2.46 billion euros in the three months through December, more than twice an average forecast of 1.10 billion euros ($1.2 bln) from analysts polled by the bank.

The figure includes an 852 million euro boost from the write-up of deferred tax assets.

UniCredit said it expected to post a net profit in 2023 broadly in line with 2022 including its Russian business, after it had excluded this from its profit goal last year following Russia's invasion of Ukraine.

It also aims for a profit distribution target for 2023 in line with 2022.

UniCredit has failed to extricate itself from Russia where it owns a top 15 lender.

UniCredit said income from its core lending activity jumped 38% from the previous quarter and 43% from a year earlier, as tighter monetary policy widened the gap between rates banks charge on loans and those they pay to raise funds.

That drove overall quarterly revenues to 5.72 billion euros, above a 5.12 billion euro average forecast.

https://www.investing.com/news/stock-ma ... it-2991735

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UniCredit planuje podwyżkę wynagrodzenia prezesa o 30 proc.

https://www.pb.pl/unicredit-planuje-pod ... oc-1178966

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The European banking sector slumped Friday, following the lead on Wall Street overnight after SVB Financial's (NASDAQ:SIVB) announcement of a $2.25 billion equity raise after revealing a $1.8B net loss and crypto bank Silvergate Capital's (NYSE:SI) decision to wind down operations.

Losses were widespread, with HSBC (LON:HSBA) stock falling 5.1%, BNP Paribas SA (EPA:BNPP) stock down 4.5% and Deutsche Bank (ETR:DBKGn) slipping 7.2%.

Swedbank (ST:SWEDa) stock fell 5.4% after the Nordic lender said it will book a provision of around $3.7M to do with a U.S. investigation over the bank's "historical shortcomings".

Standard Chartered - 4%
Santander >5%
Societe Generale ok -6%
BBVA ok -4%
Unicredit - 3,7%

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MILAN (Reuters) - UniCredit on Wednesday raised its financial targets for the year, after posting much stronger than expected first quarter earnings.

Solid results by Italy's only bank that regulators deem of global systemic relevance are the latest evidence of strength for a sector where a string of failures this year has shaken investors' confidence.

UniCredit forecast a 2023 profit above 6.5 billion euros ($7.2 billion), improving the guidance it gave earlier this year about broadly matching its 2022 result of 5.2 billion euros.

UniCredit slightly modified its definition of profit under its guidance, but the two numbers remain largely comparable, it said.

Net profit in the first three months came in at 2.06 billion euros, well above an average analyst forecast of 1.3 billion euros in a bank-provided consensus, boosted by a bigger than expected 18% yearly jump in revenues.

UniCredit, which under CEO Andrea Orcel has embarked on one of Europe's most ambitious capital distribution plans, said it would return 5.75 billion euros or more to shareholders through dividends and buybacks over 2023 results.

Core capital unexpectedly strengthened in the quarter to 16.05% of risk-weighted assets (RWAs), which it cut in the quarter by 3% helping to offset the use of capital to buy back the bank's own shares to lift returns for investors.

With the euro zone's official interest rates at a 15-year high, UniCredit said it expected to pocket more than 12.6 billion euros in 2023 from the gap between rates charged to borrowers and those paid to raise money.

Net interest income in the quarter topped analyst expectations rising 43.6% year-on-year to 3.3 billion euros, but net fees also unexpectedly strengthened 10.7% from the previous quarter surpassing forecasts at 2.0 billion euros.

Asked about a 1.6% decline in deposits in the quarter, Orcel told a media call the bank had such a solid liquidity position that it could afford to pursue profitability in managing its deposit base.

He said the portion of interest rate hikes that had been passed through to depositors had barely risen in the quarter to 22% from 20% at the end of last year, and was now projected at 30% in 2023 from 35-40% previously.

Analysts have said the confidence crisis in the sector could increase competition for deposits, hurting banks' funding costs.