Unicredito Spa Ord New (UNCFF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen. Before I hand over to Ms. Magda Palczynska, Head of Investor Relations, a reminder that today's call is being recorded. Madam, you may begin. Good morning, and welcome to Unicredit's third quarter and nine-month 2025 results conference call. Andrea Urchel, our CEO, will take you through the presentation. This will be by a Q&A session with Andrea and Stefano Porro, our CFO. As always, please limit yourself to two questions. With that, I hand over to Andrea. Good morning and thank you for joining us. Today, I am proud to present our record third quarter that completes the best nine months in our history. These outstanding results have been delivered thanks to our people. Their professionalism, ownership, passion, determination, and search for excellence of a foundation of everything you will hear today. Our message is simple. Unicredit is about sustainable, best-in-class performance today while steadily building for tomorrow, all supporting best-in-class sustainable shareholder remuneration. We remain proud of what we have achieved and confident in our future trajectory because our strategy works and our execution is unparalleled. This is true across every region and business we operate in. These results mark our 19th consecutive quarter of quality profitable growth and a clear beat across net revenue and all its core components, cost, capital, net profit, and return on tangible equity. It is a quarter that defines great performance, great prospects, and greater returns for our shareholders today and over time. We have reinforced our double-digit growth trajectory in EPS, in DPS, in tangible book per share, while maintaining a return on tangible equity above 20%. We confirm our dividend and share-by-back guidance. We continue to grow...