UniCredit (UNI) Q4 Net Income Up, Revenues Fall; Forecasts Growth Through 2026 and 2028

UniCredit (UNI) reported Q4 net income of €1.14 billion, up 11.7% from €1.02 billion in the same period of 2025, on February 9, 2026. Revenues declined to €3.58 billion, down 1.2% year-over-year. The bank attributed higher net interest income and lower provisions for non-performing loans to the improvement in margins. Management expects continued growth in net income for FY2026 and FY2028, reflecting structural cost optimization and digital transformation initiatives.