Overview

• UniCredit posted €3.3 billion in net profit for Q2, lifting first-half earnings to a record €6.1 billion.
• Management raised full-year 2025 revenue guidance to €23.5 billion following the stronger than expected H1 performance.
• The board committed at least €30 billion in distributions to shareholders from 2025 through 2027, including a minimum of €15 billion in cash dividends.
• Equity consolidation of stakes in Commerzbank and Alpha Bank is expected to bolster net income and returns on tangible equity beginning in 2026.
• The bank’s exposure to Russia has been reduced to €0.3 billion cross-border and €0.8 billion in loans as it nears full withdrawal from the market.