UniCredit raises 2026 profit target as it nears control of Commerzbank

Briefing by News4U · First published 2026-11-09 08:02:27 UTC

UniCredit raised its 2026 net-profit forecast to well above $12.82 billion from $12.26 billion and reported a 24% year-on-year rise in third-quarter earnings to €3.3 billion, above the €2.8 billion consensus, as it prepares to take control of Commerzbank after securing close to 50% of voting rights. [1] [2]

Sources

1. UniCredit Raises Profit Guidance as Control of Commerzbank Nears

   WSJ Business · 2026-11-09 06:50:00 UTC · Summary only

2. UniCredit posts 24% rise in third quarter earnings

   RTÉ Business · 2026-11-09 07:39:20 UTC · Full text

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