Italian bank listed on WSE beats earnings forecasts. This is the 17th quarter with profit growth
Italy’s UniCredit Bank reported revenues of EUR 6.5 billion in the first quarter of 2025 , up 2.8% year-on-year.
Net profit increased by 8% to EUR 2.8 billion, a positive result was achieved in all markets where the bank operates directly or through financial subsidiaries. This is the 17th quarter with an increase in profit .
Although the market environment is more complex than we previously assumed and the situation is still uncertain, it can already be assumed that the financial forecasts for this year will be exceeded.
According to the adopted strategy, UniCredit was to achieve a net profit of EUR 10 billion in 2027, meanwhile, many indications are that it will happen this year. For comparison, in 2024, net profit amounted to EUR 9.3 billion.
In March this year, UniCredit completed the acquisition of Polish online bank Aion Bank, operating under a Belgian banking license, and financial services company Vodeno for EUR 367 million .
As reported, on the occasion of finalizing this transaction, the Italians want to create a pan-European bank based on new assets, which in the first stage of its activity will gain 2.5 million customers. 200 million euros are to be invested in the project.
The company's main shareholders are Capital Research and Management Company (8.2%) and Aabar Luxembourg (7.20%). The company has been listed on the Warsaw Stock Exchange since 2007.
Journalist, graduate of political science at the Faculty of Law and Administration of the Jagiellonian University. Associated with the media for over 40 years. After graduating in 1982, he worked in the editorial offices of "Gazeta Krakowska" and "Kurier Polski". Member of the editorial team of "Przegląd Techniczny". He published texts in "Student", "Przekrój", "Życie Literackie". Since the economic and political changes, for over 20 years associated with the Reuters agency as a correspondent in Krakow. For the next three years, he conducted practical classes with students at the Institute of Journalism, Media and Social Communication of the Jagiellonian University. Since December 2021, he has joined the PTWP Group and works on the WNP.PL portal. His main professional interests are economics and politics at the global level and the participation of Polish business in this, especially companies listed on the Warsaw Stock Exchange. Winner of the "Ostrego Pióra" award, granted for "spreading economic education" by the BCC, as well as the Golden Pear - a journalistic award of the Małopolska Branch of the Association of Journalists of the Republic of Poland.
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