The market capitalization of the Italian banking Group UniCredit decreased considerably from just over 37 billion euros in July 2017 to just above 21 billion euros as of September 2022. After Septmber 2022, however, the market cap of UniCredit increased sharply and reached a value of 37.6 billion euros in February 2023. The bank ranked among the top 15 in a list of the leading banks in Europe in terms of market capitalization as of December 2022. UniCredit’s direct competitor in Italy, Intesa Sanpaolo, ranked fifth in the same ranking with a market capitalization of 52.5 billion euros.
Facebook has become an important communication tool not only for people, but also for companies and in this case banks. As a matter of fact, the social network is at the center of the digital, social and communication strategy of many players in very diverse sectors. The banking sector is no exception. As of March 2019, UniCredit Italia was the bank with the largest number of likes on Facebook in Italy. However, in a very controversial move, the CEO of the banking Group headquartered in Milan announced that the bank would not be present on Facebook, Messenger and Instagram starting June 2019. According to the bank’s announcement, the move was due to concerns regarding privacy and the nature of the information handled by the bank.
Market capitalization of UniCredit on the Milan Stock Exchange from July 2017 to February 2023
(in million euros)
Values are for the final trading day of the month, and have been taken from multiple publications.
The market capitalization of a company trading on stock market means the total value of all its shares. It is used to estimate the size of the company. It is calculated by multiplying shares of the company by current market price of one share.
Milan Stock Exchange known also as Borsa Italiana, which is the original Italian name.
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Borsa Italiana . (March 16, 2023). Market capitalization of UniCredit on the Milan Stock Exchange from July 2017 to February 2023 (in million euros) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/777102/market-capitalization-of-the-italian-banking-and-financial-services-company-unicredit-spa-on-milan-stock-exchange/
Borsa Italiana . "Market capitalization of UniCredit on the Milan Stock Exchange from July 2017 to February 2023 (in million euros)." Chart. March 16, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/777102/market-capitalization-of-the-italian-banking-and-financial-services-company-unicredit-spa-on-milan-stock-exchange/
Borsa Italiana . (2023). Market capitalization of UniCredit on the Milan Stock Exchange from July 2017 to February 2023 (in million euros). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/777102/market-capitalization-of-the-italian-banking-and-financial-services-company-unicredit-spa-on-milan-stock-exchange/
Borsa Italiana . "Market Capitalization of Unicredit on The Milan Stock Exchange from July 2017 to February 2023 (in Million Euros)." Statista, Statista Inc., 16 Mar 2023, https://www.statista.com/statistics/777102/market-capitalization-of-the-italian-banking-and-financial-services-company-unicredit-spa-on-milan-stock-exchange/
Borsa Italiana , Market capitalization of UniCredit on the Milan Stock Exchange from July 2017 to February 2023 (in million euros) Statista, https://www.statista.com/statistics/777102/market-capitalization-of-the-italian-banking-and-financial-services-company-unicredit-spa-on-milan-stock-exchange/ (last visited August 25, 2024)
Market capitalization of UniCredit on the Milan Stock Exchange from July 2017 to February 2023 (in million euros) [Graph], Borsa Italiana , March 16, 2023. [Online]. Available: https://www.statista.com/statistics/777102/market-capitalization-of-the-italian-banking-and-financial-services-company-unicredit-spa-on-milan-stock-exchange/