UniCredit: 9-month profit up 7 per cent to 9.4 billion, with Q3 profit up 24 per cent, exceeding expectations
Interim dividend more than doubled to 4.51 billion
(Il Sole 24 Ore Radiocor) - UniCredit closed the first nine months of the year with a net profit of 9.4 billion, up 7 per cent compared with the same period in 2025. In the third quarter alone, profit stood at 3.3 billion, up 24 per cent year-on-year and exceeding the 2.7 billion forecast by the consensus published on the bank’s website. Turning to the nine-month period, revenue rose by 7.5% to 20.3 billion, with net interest income at 11.1 billion (+2.1%) and fee and commission income at 7.1 billion (+7.8%). Operating costs fell by 1% to 6.85 billion, bringing the cost-to-income ratio down to 33.8% and to 32.8% in the third quarter alone. As regards capital strength, the CET 1 ratio stands at 15%, taking into account the deduction of 4.75 billion from share buybacks due in 2025 and 7.3 billion in distributions set aside for the first nine months of 2026.
The board of directors has approved the distribution of an interim dividend of 4.51 billion, more than double the previous amount and equivalent to 3.0034 euros per share, which will be paid on 25 November.
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