The Italian bank Unicredit closed the first nine months of 2026 with net profit of 9.384 billion euros, which represents an increase of 7.3% compared with the same period of the previous year, as the entity said this Monday.
Between January and September, the group’s total income rose to 20.296 billion euros, 7.5% higher than a year earlier. Within this item, net interest income increased by 2.1% to 11.076 billion, while income from fees and insurance reached 7.357 billion, an advance of 10.9%.
The result of financial operations (ROF) stood at 522 million euros, which implies a decline of 34.6%, while dividends received totaled 1.588 billion euros, more than double that in the same stretch of the previous year.
As for costs, Unicredit’s operating expenses in the first nine months of the year were reduced by 1%, to 6.856 billion euros.
Provisions intended to cover credit losses had an impact of 587 million euros, an increase of 92.2%, while amortisation and depreciation subtracted 725 million euros at the accounting level, 5.7% less.
In the third quarter alone, Unicredit recorded net profit of 3.261 billion euros, 23.9% more, after recording revenue of 6.902 billion, which implies an advance of 11.8%.
Between January and September 2026, the bank’s return on tangible capital (RoTE) stood at 24.3%, seven tenths higher than the figure a year earlier. For its part, the CET1 capital ratio, the indicator of the highest quality, improved by two tenths, to 15%.