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UniCredit 1Q Rev EUR5.93B

May 3, 2023 at 4:45 a.m. ET By Pierre Bertrand UniCredit on Wednesday said that it upgraded its 2023 outlook as its revenue and earnings rose in the first quarter helped by net interest income growth. The Italian bank posted a quarterly net profit of 2.06 billion euros ($2.27 billion), compared with EUR274 million a

unicredit-1q-rev-eur5.93b

By Pierre Bertrand

UniCredit on Wednesday said that it upgraded its 2023 outlook as its revenue and earnings rose in the first quarter helped by net interest income growth.

The Italian bank posted a quarterly net profit of 2.06 billion euros ($2.27 billion), compared with EUR274 million a year ago when its earnings were affected by Russia-related…

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