UniCredit S.p.A. reported its highest-ever second quarter and first-half results on July 23, 2026. The bank achieved a first-half profit of €6.12 billion. Total revenues for the first half reached €13.39 billion, representing a 5.5% increase.
Management raised the full-year 2026 net profit guidance to exceed €11 billion. Updated long-term forecasts now incorporate the proposed Commerzbank acquisition. The bank projects net profits to surpass €13 billion in 2028 and €15 billion in 2030.
UniCredit shares declined following the announcement despite the record performance. Investors cited execution risks regarding the Commerzbank bid as a primary concern. Market participants also expressed caution over future capital allocation decisions.