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Unicaja Banco Reports 115% Profit Surge, Proposes Record Dividend
Company Announcements

Unicaja Banco Reports 115% Profit Surge, Proposes Record Dividend

Story Highlights
  • Unicaja Banco achieved a 115% profit increase in 2024, reaching 573 million euros.
  • The bank plans a record 344 million euro dividend, reflecting strong financial performance.
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An announcement from Unicaja Banco SA ( (ES:UNI) ) is now available.

Unicaja Banco SA reported a remarkable 115% increase in net profit for 2024, reaching 573 million euros. This growth is attributed to improved interest margins and reduced credit impairments, allowing the company to propose the largest dividend in its history, totaling 344 million euros. The bank’s operational efficiency improved, and it continued to reduce non-performing assets while maintaining strong solvency and liquidity levels. The announcement highlights a positive trend in commercial dynamics, with significant growth in client business and investment funds.

More about Unicaja Banco SA

Unicaja Banco SA operates in the financial services industry, providing a range of banking and financial products including loans, credits, and investment funds. The company focuses on retail and corporate banking, with a strong market presence in Spain.

YTD Price Performance: 9.30%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.62B

Find detailed analytics on UNI stock on TipRanks’ Stock Analysis page.

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