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4-Traders Homepage  >  Equities  >  Italian Stock Exchange  >  UniCredit SpA       IT0004781412

UNICREDIT SPA
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Bank Pekao Sees 2012 Result At Last Year's Level -CEO

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05/10/2012 | 01:13pm CEST

Bank Pekao SA (PEO.WA), Poland's second-largest bank by assets, expects its 2012 financial result at last year's level, Chief Executive Luigi Lovaglio told a press conference Thursday.

Net profit at the UniCredit Spa (>> UniCredit SpA) unit rose 15% on the year in 2011 to 2.9 billion zloty ($887 million).

Results for each of the remaining three quarters of this year won't be worse than in the first quarter, Lovaglio also said. Pekao said earlier Thursday its net profit rose 9.6% to PLN710.6 million, beating market expectations.

Lovaglio added Pekao hopes to grow faster than the market, and that the sales target of PLN10 billion for new loans this year looked realistic.

-By Patryk Wasilewski and Marcin Sobczyk, Dow Jones Newswires; +48 22 447 2432; [email protected]

Stocks mentioned in the article : UniCredit SpA
Stocks mentioned in the article
ChangeLast1st jan.
BANK PEKAO SA -2.78% 117.15 End-of-day quote.-9.54%
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Financials (€)
Sales 2018 19 808 M
EBIT 2018 8 372 M
Net income 2018 3 636 M
Debt 2018 -
Yield 2018 2,00%
P/E ratio 2018 11,19
P/E ratio 2019 8,72
Capi. / Sales 2018 2,05x
Capi. / Sales 2019 1,99x
Capitalization 40 616 M
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Technical analysis trends UNICREDIT SPA
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TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 20,6 €
Spread / Average Target 14%
EPS Revisions
Managers
NameTitle
Jean-Pierre Mustier Chief Executive Officer & Director
Fabrizio Saccomanni Chairman
Ranieri de Marchis Co-Chief Operating Officer
Francesco Giordano Co-Chief Operating Officer
Mirko Davide Georg Bianchi Group Chief Financial Officer
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