Italian banking group UniCredit SpA reported higher profit in the fourth quarter, with net profit growing 10 percent to 2.17 billion euros. Despite weak revenues, the company issued an optimistic outlook for fiscal 2026 and fiscal 2028, expecting growth in profit and revenues. UniCredit aims for total cumulative distributions of around 30 billion euros in the next three years and 50 billion euros in the next five years. Revenues dropped 5.3 percent in the fourth quarter, but the company projects net profit to reach around 13 billion euros in fiscal 2028, with continued double-digit EPS and DPS growth.

Read more at Nasdaq: UniCredit Q4 Profit Climbs, Revenues Down; Sees Growth In FY26, FY28