Unicredit Q4 2024 profits

The second largest lender in Italy Unicredit On Tuesday he recorded a profit rate in the fourth quarter, which increases the returns of the shareholders in the middle of the market approach in the Oberturas de M&A of the bank.

The net gain attributable to the group reached 1,969 billion euros ($ 2.03 billion) in the fourth quarter, compared to an analysts of 1,803 billion euros, according to a consensus compiled by LSE.

The revenues reached 6 billion euros during the period, versus expectations of analysts of 5,898 billion euros.

Unicredit has been in the epicenter of the nascent impulse of Italy for consolidation since the second half of last year, after its surprise construction, and then increases, a participation in Germany. Tradeand its acquisition offer for domestic pairs BPM Bank At the end of 2024. The Italian lender has so far rejected Unicredit’s opening work, but CEO Andrea Orcel He told Bloomberg His initial commitment to Banco BPM was just a “just starting point.”

The German administration has denounced Unicredit’s “Very aggressive, very opaque, not transparent“Offer by Commerzbank, with Rome also resistant on the domestic front, in the midst of broader government plans to form a third Italian bank titan along with Enthesa soupolo and Unicredit. Complicating the landscape of Italian negotiation, Unicredit on February 2 announced a 4.1% stake In the best insurer in Italy Generali GroupBut he has emphasized that “no strategic interest” motivates the company.

Critically, Italy operates under the so -called gold powers legislation that allows Rome to intercede or establish conditions in foreign and national corporate acquisitions in key sectors such as defense, energy, communications and banking.

Market participants are observing which of their double double costumes will compromise Unicredit, or if you will ambitiously keep both objectives in sight.

This last -minute news is being updated.