![UniCredit hikes payout goal by 40% after record profit](https://i-invdn-com.investing.com/trkd-images/LYNXMPEJ0U06G_L.jpg)
© Reuters. FILE PHOTO: UniCredit bank logo is seen in Siena, Italy June 29, 2017. REUTERS/Stefano Rellandini/File Photo
MILAN (Reuters) – UniCredit pledged to return 5.25 billion euros ($5.69 billion) to investors based on its 2022 results, further hiking one of the most ambitious payout target among European banks, after posting its best profit in over a decade.
UniCredit said net profit came in at 2.46 billion euros in the three months through December, more than twice an average forecast of 1.10 billion euros ($1.2 bln) from analysts polled by the bank.
Be the first to comment