Unicredit, no mergers and record accounts for 2023. Orcel: “All the profits of 8.6 billion to the members”

MILANO – Unicredit amazes investors with a 2023 profit of 8.6 billion euros, which beats that of the previous year by 50%, and leaves it entirely to the shareholders, who reward it on the stock market with an increase of around 10%.

The strong growth in revenues, still driven by interest rates, the control of costs – especially those for losses on loans which have collapsed to 0.12 euros per 100 lent – and a tax concession of 893 million in tax losses carried forward, they released…