UniCredit, Italy's second-largest bank, reported a fourth-quarter profit that was three times higher than analysts' estimates, leading to a significant boost in investor returns with plans to distribute $9.28 billion through dividends and buybacks. The robust earnings have propelled UniCredit's shares to jump by 10%, reaching an eight-year high.
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UniCredit has ways to keep defying gravity - https://t.co/hZOALQgcOy - @LJucca https://t.co/7h2sxI7Iy8
Shares of Italy's UniCredit jump 10% and hit eight-year high on earnings beat https://t.co/UsO6geNaOp
UniCredit leapfrogs 2023 income forecast, vows to match it this year https://t.co/qpmWNWsa4D https://t.co/sONmVSxYx8
Saudi National Bank reports more than 7% jump in 2023 net profit https://t.co/rgs2UvGSlP https://t.co/sMDp7rIGP5
UniCredit plans $9.28 billion in dividends, buybacks after blowout 4Q results https://t.co/jl17FTSoHk
UniCredit vows to match 2023 income this year after beating forecast https://t.co/I3YGD20ppl https://t.co/vwAXZiYa6p
UniCredit posted fourth quarter profit that was triple analysts estimates, allowing Italy's second largest bank to boost investor returns to $9.3 billion https://t.co/V2D7r16viw