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UniCredit SpA (CRDI.MI)

CRDI.MI on Milan Stock Exchange

10.10EUR
17 Jun 2019
Change (% chg)

€-0.03 (-0.26%)
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€10.13
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€10.17
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€10.10
Volume
9,532,769
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€15.37
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€9.54

Latest Key Developments (Source: Significant Developments)

UniCredit CEO says EU domestic, cross-border mergers difficult at present
Friday, 31 May 2019 

May 31 (Reuters) - UniCredit CEO Jean Pierre Mustier says on the sideline of an event in Rome::BANK'S BUSINESS PLAN BASED ON ORGANIC ASSUMPTIONS.MERGERS WITHIN THE EU, DOMESTIC OR CROSS-BORDER, ARE VERY DIFFICULT IN CURRENT ENVIRONMENT.  Full Article

Erste's Czech unit: banks ready to invest into development fund
Monday, 20 May 2019 

May 20 (Reuters) - Moneta Money Bank as ::ERSTE GROUP BANK'S CZECH UNIT CESKA SPORITELNA CEO SAYS BANKS READY TO INVEST BILLIONS OF CROWNS TO NEW DEVELOPMENT FUND EQUITY.ERSTE GROUP BANK'S CZECH UNIT CESKA SPORITELNA CEO SAYS SAYS FUND'S EQUITY CAN BE MULTIPLIED BY TENS TO HUNDREDS OF BILLIONS OF CROWNS IN CONCRETE PROJECTS.ERSTE GROUP BANK'S CZECH UNIT CESKA SPORITELNA CEO SAYS EXPECTS OTHER LARGE CZECH COMPANIES WILL ALSO CONTRIBUTE.ERSTE GROUP BANK'S CZECH UNIT CESKA SPORITELNA CEO SAYS WORKING INTENSIVELY WITH GOVERNMENT ON CREATING FUND.  Full Article

Unicredit committed to Italy but purely on organic basis - CEO
Thursday, 9 May 2019 

May 9 (Reuters) - UniCredit Chief Executive Jean Pierre Mustier at press conference::ASKED ABOUT A POSSIBLE ACQUISITION OF CARIGE, SAYS BANK IS COMMITTED TO ITALY BUT ON PURELY ORGANIC BASIS.SAYS REDUCTION TARGET IN SOURED DEBTS AT NON-CORE UNIT TO BE CLOSER TO 10 BILLION EUROS IN 2019.ASKED ABOUT A POSSIBLE CONTRIBUTION TO CARIGE RESCUE, SAYS BANK IS READY TO SUPPORT ITALIAN DEPOSIT GUARANTEE FUND IN FAIR AND PROPORTIONAL MANNER.  Full Article

Mediobanca CEO says studying possible acquisition of Kairos
Thursday, 9 May 2019 

May 9 (Reuters) - Mediobanca CEO says::SEES FY REVENUES GROWING AT SAME RATE AS IN NINE MONTHS RESULTS.NOT STUDYING POSSIBLE ACQUISITION OF FINECOBANK.STUDYING POSSIBLE ACQUISITION OF KAIROS.  Full Article

Unicredit's key focus in Italy is organic growth - CEO
Thursday, 9 May 2019 

May 9 (Reuters) - UniCredit CEO Jean Pierre Mustier tells analysts on post-results conference call::BANK'S KEY FOCUS IN ITALY IS ORGANIC GROWTH.  Full Article

UniCredit, FinecoBank: Accelerated Bookbuilding Procedure To Be Closed On May 10
Thursday, 9 May 2019 

May 9 (Reuters) - UniCredit , FinecoBank ::SAID ON WEDNESDAY THAT SETTLEMENT OF ACCELERATED BOOKBUILDING PROCEDURE WITH RESPECT TO FINECO'S SHARES IS ENVISAGED ON 10 MAY, 2019.BOARD OF DIRECTORS OF FINECO HAS APPROVED THE TRANSACTION .  Full Article

Unicredit wants to keep acting as primary dealer on Italy's sovereign debt
Thursday, 9 May 2019 

May 9 (Reuters) - UniCredit CEO Jean Pierre Mustier tells analysts on a post-results conference call::WE WANT TO KEEP ACTING AS PRIMARY DEALER ON ITALY'S SOVEREIGN DEBT.  Full Article

UniCredit CEO Says Cross-Border Mergers Are Difficult To Pull Off
Thursday, 9 May 2019 

May 9 (Reuters) - UniCredit SpA Chief Executive Jean Pierre Mustier tells analysts on a post-results conference call::CROSS-BORDER MERGERS ARE DIFFICULT TO PULL OFF.  Full Article

Unicredit Q1 Net Profit At EUR 1.4 Bln
Thursday, 9 May 2019 

May 9 (Reuters) - UniCredit SpA ::SAYS Q1 NET PROFIT 1.4 BILLION EUROS VERSUS 1.29 BILLION EUROS IN AVERAGE CONSENSUS PROVIDED BY THE COMPANY.SAYS Q1 TOTAL REVENUES 5.0 BILLION EUROS VERSUS 4.89 BILLION EUROS IN AVERAGE CONSENSUS PROVIDED BY THE COMPANY.SAYS Q1 LOAN WRITEDOWNS 468 MILLION EUROS VERSUS 553 MILLION EUROS IN AVERAGE CONSENSUS PROVIDED BY THE COMPANY.SAYS Q1 FEES 1.7 BILLION EUROS VERSUS 1.68 BILLION EUROS IN AVERAGE CONSENSUS PROVIDED BY THE COMPANY.SAYS CET1 RATIO AT 12.25 PERCENT AT END-MARCH WITH A FULLY LOADED MDA BUFFER OF 219 BPS.SAYS Q1 GROSS NON PERFORMING EXPOSURE RATIO 7.6 PERCENT VERSUS 7.7 PERCENT IN Q4.SAYS NPE COVERAGE RATIO 61.8 PERCENT VERSUS 61.0 PERCENT IN Q4.CONFIRMS FULL YEAR REVENUE TARGET AT 19.8 BILLION EUROS, NET PROFIT TARGET 4.7 BILLION EUROS, ROTE TARGET ABOVE 9 PERCENT.2020-2023 BUSINESS STRATEGY TO BE PRESENTED LATER THIS YEAR.TARGETS TO BE AT UPPER END OF 200-250 BPS MDA BUFFER BY END 2019 THROUGH DISPOSAL OF CERTAIN ASSETS, INCLUDING THOSE ALREADY EXECUTED.SEES FURTHER ACCELERATION OF NON CORE RUNDOWN, WHICH IS EXPECTED TO BEAT FY19 EUR 14.9 BLN TARGET; 2021 NON CORE RUNOFF FULLY ON TRACK.SAYS MDA BUFFER FULLY LOADED 219 BASIS POINTS.CONFIRMS FY 2019 REVENUES OF EUR 19.8 BILLION AND NET PROFIT OF EUR 4.7 BILLION.  Full Article

Unicredit Successfully Concludes Accelerated Bookbuild Offering Equal To 17 pct Of Finecobank Ordinary Shares
Tuesday, 7 May 2019 

May 7 (Reuters) - Unicredit ::Unicredit Successfully Concludes Accelerated Bookbuild Offering Equal To 17 Per Cent Of Finecobank Ordinary Shares .UNICREDIT - PROCEEDS AMOUNT TO ABOUT EUR 1,014 MILLION, DERIVING FROM SALE OF ABOUT 103.5 MILLION ORDINARY SHARES OF FINECOBANK, AT A PRICE OF EUR 9.80/SHARE.THE PRICE REPRESENTS A DISCOUNT OF APPROXIMATELY 4.4 PER CENT TO THE PRE-ANNOUNCEMENT CLOSING PRICE OF FINECO.UNICREDIT SAYS OVERALL CAPITAL IMPACT IS ESTIMATED TO BE AN INCREASE OF APPROXIMATELY 21 BASIS POINTS IN UNICREDIT GROUP CET1 CAPITAL RATIO IN 2Q19.UNICREDIT SAYS J.P. MORGAN, UBS INVESTMENT BANK AND UNICREDIT CORPORATE & INVESTMENT BANKING ACTED AS JOINT BOOKRUNNERS OF PLACEMENT..  Full Article