UniCredit hikes profit outlook after stakes in rival, tax credits help 2025 income

Alpha Bank SA

09/02/2026 06:26

MILAN, Feb 9 (Reuters) - Italy's second-largest bank UniCredit CRDI.MI said it aimed to lift its profit to 11 billion euros ($13 billion) this year, after topping analysts' forecasts for 2025 with earnings boosted by stakes in rivals bought under CEO Andrea Orcel's expansion strategy.

UniCredit, which had previously guided for a net profit of 10 billion euros in 2027, said it had an ambition to get to 13 billion euros in 2028 with "exceptional" average growth of 7% a year in 2026 to 2028.

($1 = 0.8450 euros)

 (Reporting by Valentina Za; Editing by Sonali Paul)

 ((valentina.za@thomsonreuters.com; +39 02 6612 9526;))