Executive Summary
UniCredit S.p.A. operates as a commercial bank. More Details
Rewards
Risk Analysis
No risks detected for UCG from our risk checks.
Snowflake Analysis
Adequate balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has UniCredit's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: UCG is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: UCG's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-3.0%
UCG
-2.3%
IT Banks
-1.8%
IT Market
1 Year Return
-40.1%
UCG
-23.9%
IT Banks
-10.7%
IT Market
Return vs Industry: UCG underperformed the Italian Banks industry which returned -23.3% over the past year.
Return vs Market: UCG underperformed the Italian Market which returned -10.9% over the past year.
Shareholder returns
| UCG | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.0% | -2.3% | -1.8% |
| 30 Day | 0.8% | 0.6% | 0.5% |
| 90 Day | 14.6% | 19.7% | 14.3% |
| 1 Year | -40.1%-40.1% | -22.3%-23.9% | -7.9%-10.7% |
| 3 Year | -54.2%-56.0% | -34.5%-41.8% | -4.9%-14.8% |
| 5 Year | -56.9%-80.0% | -28.5%-54.1% | 25.4%-3.0% |
Long-Term Price Volatility Vs. Market
How volatile is UniCredit's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
How Much Of UniCredit S.p.A. (BIT:UCG) Do Institutions Own?3 months ago | Simply Wall St
Would Shareholders Who Purchased UniCredit's (BIT:UCG) Stock Five Years Be Happy With The Share price Today?4 months ago | Simply Wall St
What Type Of Shareholders Own The Most Number of UniCredit S.p.A. (BIT:UCG) Shares?Valuation
Is UniCredit undervalued compared to its fair value and its price relative to the market?
0.29x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: UCG (€7.78) is trading above our estimate of fair value (€6.81)
Significantly Below Fair Value: UCG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: UCG is unprofitable, so we can't compare its PE Ratio to the IT Banks industry average.
PE vs Market: UCG is unprofitable, so we can't compare its PE Ratio to the Italian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate UCG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: UCG is good value based on its PB Ratio (0.3x) compared to the IT Banks industry average (0.5x).
Next Steps
Future Growth
How is UniCredit forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
70.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UCG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: UCG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: UCG's is expected to become profitable in the next 3 years.
Revenue vs Market: UCG's revenue (3.7% per year) is forecast to grow faster than the Italian market (3.1% per year).
High Growth Revenue: UCG's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: UCG's Return on Equity is forecast to be low in 3 years time (5.6%).
Next Steps
Past Performance
How has UniCredit performed over the past 5 years?
23.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UCG is currently unprofitable.
Growing Profit Margin: UCG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: UCG is unprofitable, but has reduced losses over the past 5 years at a rate of 23.5% per year.
Accelerating Growth: Unable to compare UCG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: UCG is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (-5.3%).
Return on Equity
High ROE: UCG has a negative Return on Equity (-3.9%), as it is currently unprofitable.
Next Steps
Financial Health
How is UniCredit's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: UCG's Assets to Equity ratio (14.8x) is moderate.
Allowance for Bad Loans: UCG has a low allowance for bad loans (78%).
Low Risk Liabilities: 76% of UCG's liabilities are made up of primarily low risk sources of funding.
Loan Level: UCG has an appropriate level of Loans to Assets ratio (66%).
Low Risk Deposits: UCG's Loans to Deposits ratio (93%) is appropriate.
Level of Bad Loans: UCG has a high level of bad loans (3.7%).
Next Steps
Dividend
What is UniCredit current dividend yield, its reliability and sustainability?
5.65%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate UCG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate UCG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if UCG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if UCG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: UCG is not paying a notable dividend for the Italian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of UCG's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.7yrs
Average management tenure
CEO
Jean Mustier (59 yo)
4.5yrs
Tenure
Mr. Jean-Pierre Mustier has been a Partner at Tikehau Capital since January 1, 2015. At Tikehau Capital, Mr. Mustier's primary focus is on its international expansion, while also contributing to the variou...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 4.5yrs | no data | no data | |
| Chief Financial Officer | 0.25yr | no data | no data | |
| Co-Chief Operating Officer | 4.33yrs | no data | no data | |
| Co-Chief Operating Officer | 1.92yrs | no data | no data | |
| Chief Executive Officer of Corporate & Investment Banking Division | 1.92yrs | no data | no data | |
| Head of Group Investor Relations | no data | no data | no data | |
| Senior EVP | 5yrs | no data | no data | |
| Chief Compliance Officer | 0.083yr | no data | no data | |
| Head of Group Identity & Communication | 2.67yrs | no data | no data | |
| Senior EVP & Head of Group Human Capital | 10.08yrs | no data | no data | |
| Senior EVP & Group Chief Risk Officer | 12.5yrs | no data | no data | |
| Head of Internal Audit | 0.67yr | no data | no data |
2.7yrs
Average Tenure
57yo
Average Age
Experienced Management: UCG's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 4.5yrs | no data | no data | |
| Independent Deputy Chairman | 1.25yrs | no data | no data | |
| Director | 4.58yrs | no data | no data | |
| Independent Director | 2.75yrs | no data | no data | |
| Independent Chairman | 1.42yrs | €125.30k | no data | |
| Chairman of Board of Statutory Auditors | 1.75yrs | no data | no data | |
| Independent Director | 2.75yrs | no data | no data | |
| Independent Director | 5.25yrs | €19.63k | no data | |
| Independent Director | 2.75yrs | no data | no data | |
| Independent Director | 7.67yrs | €257.62k | no data | |
| Independent Director | 2.75yrs | no data | no data | |
| Independent Non-Executive Director | 1.92yrs | no data | no data |
2.8yrs
Average Tenure
62yo
Average Age
Experienced Board: UCG's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
UniCredit S.p.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: UniCredit S.p.A.
- Ticker: UCG
- Exchange: BIT
- Founded: 1870
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: €17.337b
- Shares outstanding: 2.23b
- Website: https://www.unicreditgroup.eu
Number of Employees
Location
- UniCredit S.p.A.
- Tower A
- Piazza Gae Aulenti, 3
- Milan
- Milan
- 20154
- Italy
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| UNCF.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Nov 1980 |
| UCG | BIT (Borsa Italiana) | Yes | Ordinary Shares | IT | EUR | Nov 1980 |
| 0RLS | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Nov 1980 |
| CRIN | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Nov 1980 |
| UCG | WSE (Warsaw Stock Exchange) | Yes | Ordinary Shares | PL | PLN | Nov 1980 |
| UCG | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Nov 1980 |
| CRIND | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Nov 1980 |
| UCG | SWX (SIX Swiss Exchange) | Yes | Ordinary Shares | CH | CHF | Nov 1980 |
| UCG N | BMV (Bolsa Mexicana de Valores) | Yes | Ordinary Shares | MX | MXN | Nov 1980 |
| 52762405 | BDL (Bourse de Luxembourg) | 9.375%-FRN SUB PERP EUR50000 'REGS' | LU | EUR | Jul 2010 | |
| UNCR.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Oct 2017 | |
| CRIP | DB (Deutsche Boerse AG) | UNSPONSORD ADR | DE | EUR | Oct 2017 |
Biography
UniCredit S.p.A. operates as a commercial bank. The company operates through Commercial Banking Italy, Commercial Banking Germany, Commercial Banking Austria, Corporate & Investment Banking, and Central Ea...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 20:06 |
| End of Day Share Price | 2021/01/19 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.