Rome, July 23, 2025 (AFP) - UniCredit quarterly profit jumps, as bank boosts outlook

NAMPA / AFP

2025-07-23

Italy's UniCredit posted a sharp rise in quarterly profit on Wednesday despite lower revenues, a day after it withdrew its offer for smaller rival Banco BPM due to government interference. The country's second-largest bank posted net profit of 3.3 billion euros versus 2.68 billion euros in last year's second quarter, a nearly 25 percent rise. Excluding one-off items, UniCredit said its net profit stood at 2.9 billion euros, up eight percent, abov......

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