UniCredit Surpasses Intesa Sanpaolo as Largest Italian Bank by Market Cap -- Market Talk

Dow Jones
2025/05/13

0816 GMT - UniCredit's share rally on the back of better-than-expected quarterly results lifts its market capitalization to 88.5 billion euros, taking Intesa Sanpaolo's spot as Italy's largest lender when considering that metric. UniCredit's shares have gained 45% this year. The bank has been a key player in dealmaking at home and abroad as a wave of consolidation sweeps through Italy's crowded banking sector. "The M&A prospects are unclear given the different moving parts, but we think the final outcome of this process will be a more consolidated sector, with positive implications for profitability, including index positive effects for the shares," HSBC analyst Domenico Santoro says in a research note on Italian banks. Intesa, which has so far not taken part in the deal rush, remains Italy's largest bank by assets. (elena.vardon@wsj.com)

 

(END) Dow Jones Newswires

May 13, 2025 04:16 ET (08:16 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10