Unione di Banche Italiane Scpa expected to Report Fiscal Year 2009 Results on March 19, 2010. This event was calculated by Capital IQ (Created on October 30, 2009).

Unione di Banche Italiane Scpa - Conference Presentation Calls

Unione di Banche Italiane Scpa reported consolidated earnings results for the second quarter and six months of 2009. For the quarter, the company reported net profit of EUR 101.6 million from EUR 300 million in net profit for the second quarter in 2008. For the six months, the company 's net profit was EUR 125.9 million (USD 179.9 million), down from the EUR 519.2 million profit for the same period in 2008. The net operating profit fell by 18.5% on the year to EUR 758.3 million. The operating income dropped by 10.9% to EUR 2 billion due to the net interest income, which fell by 7.9%, and the commissions that declined in the framework of the difficult economic situation.