UniCredit lifts profit guidance, leaving Banco BPM bid behind
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 23 2025
0mins
Source: CNBC
Profit Increase and Revised Guidance: UniCredit reported a 25% increase in second-quarter net profit to 3.3 billion euros, raising its full-year profit forecast from 9.3 billion euros to 10.5 billion euros despite a 4.7% dip in net revenues.
Withdrawal of Banco BPM Takeover Bid: The bank withdrew its takeover bid for Banco BPM due to interference from the Italian government, which imposed conditions under its "golden power" rules, affecting the normal offer process and leading to concerns over potential penalties related to its operations in Russia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
